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Tier 2 Banks In Kenya

Tier 2 Banks In Kenya

This article is about Tier 2 banks in Kenya. The Central Bank of Kenya has classified Kenya’s commercial banks into three categories; Level 1, Level 2 and Level 3. This classification is based on a weighted ratio of all equity, principal, reserves, customer deposits, number of loans and deposit accounts.

According to the Central Bank of Kenya’s latest annual banking supervision report, eight commercial banks are classified as Tier 2 (middle group). These banks have a combined market share of 16.29%.

Tier 2 Banks In Kenya

Bank
1Bank of Baroda (K)3.1 %
2Citibank Kenya2.5 %
3 National Bank of Kenya 2.3%
4Bank of India2.1%
5Prime Bank 2.1%
6Family Bank1.9%
7Ecobank Kenya1.2%
8SBM Bank1.1 %
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