About the Kenya Bankers Association
Kenya Bankers Association (KBA) was registered as an Industry Association on 16th July 1962 by the Registrar of Trade Unions. In its formative years, the main aim of the Association was to cater for interests of the member banks in negotiating terms and conditions of service of its unionisable employees and as far as possible, standardize management practices so as to ensure harmony in the Industry.
Over time, the core function of the Association to negotiate on behalf of employers with the union on labour matters changed to include promoting industry development and economic growth in general by engaging the government and sector regulator, Central Bank of Kenya (CBK).
As the umbrella body of the commercial banks licensed under the Banking Act, with a current membership of 43 banks, KBA has endeavored to reinforce a reputable and professional banking sector in a bid to best support Kenyans, who entrust their ambitions and hard-earned resources with its member banks.
The History of Banking in Kenya
Over the years, the banking sector has contributed to the growth and development of Kenya’s economy, positively transforming the lives of millions of Kenyans.
As the country marks its Jubilee in the year 2013 and in conjunction with the Kenya Bankers Association’s 51st Anniversary, the KBA has partnered with renowned historian Mr. Hillary Ngweno to produce a documentary on the History of Banking in Kenya.
The documentary, sponsored by KBA, catalogues significant historic moments that the country has witnessed through the banking sector. The thematic areas cover: