History Of Banking in KenyaHistory Of Banking in KenyaHistory Of Banking in Kenya
History Of Banking in KenyaHistory Of Banking in KenyaHistory Of Banking in Kenya
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Home web agency histoadmin February 6, 2020 July 6, 2022

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Like all nations, Kenya has been founded on the efforts of many people, institutions, organizations, corporations and professions. One of the foundations upon which the nation has been built is the banking profession and the banks and institutions through which that profession is practiced.

Banking in Kenya has contributed tremendously to the growth of the national economy and the well-being of millions of Kenyans since before the county’s independence on December 12th, 1963.

Member Banks
Timeline

Decades of Banking Industry Transformation

Photo Gallery
National Bank of South Africa merged in 1925 with Colonial Bank and Anglo-Egyptian Bank to form Barclays Bank -Dominion, Colonial and Overseas (DCO) - 1925
National Bank of South Africa merged in 1925 with Colonial Bank and Anglo-Egyptian Bank to form Barclays Bank -Dominion, Colonial and Overseas (DCO) - 1925
Mobile Banking. Standard Chartered offered mobile banking in the early 1980s -1985
Mobile Banking. Standard Chartered offered mobile banking in the early 1980s -1985
Post Office Savings Bank was estalished in 1910, making it possible for Africans to save - 1910
Post Office Savings Bank was estalished in 1910, making it possible for Africans to save - 1910
Progress on the Mombasa - Kisumu railway line - 1895
Progress on the Mombasa - Kisumu railway line - 1895
Rosemary Mwangi Njoki was a Clerk at Barclays DCO, Government Road branch. She was the first woman clerk employed by Barclays DCO in East Africa - 1959
Rosemary Mwangi Njoki was a Clerk at Barclays DCO, Government Road branch. She was the first woman clerk employed by Barclays DCO in East Africa - 1959
Standard Bank (later Standard Chartered Bank) was established in 1911 - January 1911
Standard Bank (later Standard Chartered Bank) was established in 1911 - January 1911
Standard Bank 2
Standard Bank 2
Standard Bank of South Africa at the junction of Delamere Avenue and Elliot Street - 1920
Standard Bank of South Africa at the junction of Delamere Avenue and Elliot Street - 1920
Standard Chartered introduced the first Bank Automated Teller Machine (ATM) in 1989 - 1989
Standard Chartered introduced the first Bank Automated Teller Machine (ATM) in 1989 - 1989
Standard Chartered Nairobi Headquarters - 1980
Standard Chartered Nairobi Headquarters - 1980
The fastest growing inland centre was Nairobi which had been established in 1899 as a camp and depot for the railway crew - 1899
The fastest growing inland centre was Nairobi which had been established in 1899 as a camp and depot for the railway crew - 1899
The government set up Kenya Commercial Bank after buying a 60% stake in the National and Grindlays Bank - 1969
The government set up Kenya Commercial Bank after buying a 60% stake in the National and Grindlays Bank - 1969
Training Bankers - a newsletter article on Barclays Bank employees who were in training - Oct 1959
Training Bankers - a newsletter article on Barclays Bank employees who were in training - Oct 1959
Trust Bank on Koinange Street. The bank was one of the bank faliures during the 1990s - 1993
Trust Bank on Koinange Street. The bank was one of the bank faliures during the 1990s - 1993
Kaa Chonjo Card, Mobile and Online Safety Awareness Campaign was the first  banking industry wide campaign aimed at containing fraud. The initiative was launched in 2012.
Kaa Chonjo Card, Mobile and Online Safety Awareness Campaign was the first banking industry wide campaign aimed at containing fraud. The initiative was launched in 2012.
Mr. Richard Etemesi, then KBA Chairman and Standard Chartered Bank CEO, was the first bank executive to participate in the #MyChatWithaBankCEO forum in 2012.  It was the first time a corporate engaged the public on a social media platform.
Mr. Richard Etemesi, then KBA Chairman and Standard Chartered Bank CEO, was the first bank executive to participate in the #MyChatWithaBankCEO forum in 2012. It was the first time a corporate engaged the public on a social media platform.
Banks waive clearing costs for cheques outside of nairobi, making the country one clearing zone - June 2012
Banks waive clearing costs for cheques outside of nairobi, making the country one clearing zone - June 2012
Launched in 2015, the Sustainable Finance Initiative e-learning platform became the first  industry wide e-learning system in Kenya.
Launched in 2015, the Sustainable Finance Initiative e-learning platform became the first industry wide e-learning system in Kenya.
The Inua Biashara Day SME Showcase was convened by KBA  in 2019, bringing together over 4,000 participants. It was the first time the banking industry was organising a forum  to provide a platform for banks to engage with their clients
The Inua Biashara Day SME Showcase was convened by KBA in 2019, bringing together over 4,000 participants. It was the first time the banking industry was organising a forum to provide a platform for banks to engage with their clients
In 2020, the banking industry through KBA convened the  first  Africa Regional e-Conference for  Leading Women in Banking and Finance Held on the backdrop of the COVID-19 pandemic, the forum was attended by  close to 1,700 participants from more than 25 countries.
In 2020, the banking industry through KBA convened the first Africa Regional e-Conference for Leading Women in Banking and Finance Held on the backdrop of the COVID-19 pandemic, the forum was attended by close to 1,700 participants from more than 25 countries.
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