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African Banking Corporation Limited
TypePrivate
IndustryFinancial services
Founded1981 (1981)
HeadquartersABC Bank House, Woodvale Grove, Westlands, Nairobi, Kenya
Key people
Sridhar Natarajan (Group CEO)
ProductsCredit facilities, savings, diaspora banking, investments, debit cards, forex and money markets, mortgages, money transfer services, mobile banking, Internet banking
Number of employees
300+
Websitewww.abcthebank.com

African Banking Corporation Limited (ABC Bank Kenya) is a Kenyan commercial bank, established in 1984.

In March 2017, ABC acquired the LEI certification from the London Stock Exchange.[1]

History

ABC Bank was started in 1981, as a financial institution named Consolidated Finance Company Limited.

By 1994,following the gazettement of a legislation allowing financial institutions to convert into banks, Consolidated Finance Company immediately transformed, giving rise to African Banking Corporation Limited (ABC Bank) in 1995.[2]

Subsidiaries

ABC Bank (Kenya) owns the following subsidiaries, either in whole or in part:

  1. ABC Capital Bank, Kampala, Uganda (commercial bank)
  2. ABC Capital Limited, Nairobi, Kenya (stock brokerage)
  3. ABC Insurance Limited, Nairobi, Kenya (insurance brokerage)[3]


See also

References

  1. ^ "HOME". Business Daily. Retrieved 2017-03-29.
  2. ^ "ABC BANK | Achieve the extraordinary". www.abcthebank.com. Retrieved 2017-03-20.
  3. ^ "ABC BANK | Achieve the extraordinary". www.abcthebank.com. Retrieved 2017-03-20.