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List Of Tier 1 Banks In Kenya

Kenya Commercial Bank (KCB)
Kenya Commercial Bank (KCB)

Discover the 9 Tier 1 banks in Kenya for 2024, controlling nearly 50% of the banking sector. Learn about their market share and total net assets.

List of Tier 1 Banks in Kenya (2024):

  1. Kenya Commercial Bank (KCB)
    Total Net Assets: Ksh 1,425,369,827
    Market Share: 17.4%
  2. Equity Bank
    Total Net Assets: Ksh 1,004,243,929
    Market Share: 12.2%
  3. NCBA Bank
    Total Net Assets: Ksh 661,743,852
    Market Share: 9.2%
  4. Cooperative Bank
    Total Net Assets: Ksh 624,254,621
    Market Share: 8.8%
  5. Absa Bank
    Total Net Assets: Ksh 520,301,038
    Market Share: 6.6%
  6. Standard Chartered Bank
    Total Net Assets: Ksh 429,278,578
    Market Share: 5.9%
  7. Stanbic Bank Kenya
    Total Net Assets: Ksh 449,614,899
    Market Share: 5.8%
  8. Diamond Trust Bank Kenya Limited
    Total Net Assets: Ksh 405,613,032
    Market Share: 5.4%
  9. I&M Holdings
    Total Net Assets: Ksh 399,615,631
    Market Share: 5.3%

These Tier 1 banks are key players in the Kenyan banking sector, contributing significantly to the country’s financial stability and economic growth.

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