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Tier 3 Banks In Kenya

Tier 3 Banks In Kenya

This article is about Tier 3 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 net worth, capital, reserves, customer deposits, number of loans and deposit accounts.

According to the Central Bank of Kenya’s latest annual banking supervision report, 22 commercial banks are classified as Tier 3 (small banks). These banks control a combined market share of 8.58%.

Tier 3 Banks In Kenya

BankMarket Share
1.HFC Limited0.8%
2.Victoria Commercial Bank Plc0.8%
3.Habib Bank A.G Zurich0.7%
4.Guaranty Trust Bank Limited0.7%
5.Gulf African Bank Limited0.6%
6.Bank of Africa Ltd0.6%
7.Sidian Bank Ltd0.4%
8.Credit Bank Plc0.4%
9.First Community Bank Ltd0.3%
10.Guardian Bank Limited0.3%
11.African Banking Corporation Ltd0.3%
12.Development Bank of Kenya Ltd0.3%
13.Mayfair CIB Bank Limited0.3%
14.Middle East Bank (K) Ltd0.3%
15.Kingdom Bank Limited0.3%
16.DIB Bank Kenya Ltd0.3%
17.Consolidated Bank of Kenya Limited0.3%
18.Paramount Bank Ltd0.2%
19.UBA Kenya Bank Ltd0.2%
20.M-Oriental Bank Ltd0.2%
21.Access Bank (Kenya) PLC0.2%
22.Spire Bank Limited0.0%
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