Best Banks in Kenya for Business and Personal Accounts

KCB Bank is one of the largest banks in Kenya that offer various financial products such as savings accounts, investment services, debit and credit cards, payment and transfer services, insurance and loans. KCB is also available in Uganda, Tanzania, Rwanda, South Sudan, DRC, etc

Equity Bank is the most popular bank in Kenya. It has the highest number of bank branches in Kenya. Equity Bank offers a variety of financial services, including loans, insurance, E-banking, investments, corporate and institutional banking. Equity Group has bank subsidiaries in Kenya, DRC, Rwanda, Uganda, Tanzania, South Sudan, and Ethiopia.

Cooperative Bank is an ideal bank if you are into Saccos and group banking. It is one of the oldest banks in Kenya, primarily involved in investment and wealth management, deposits, retail banking, asset management, and loans.

NCBA Bank is one of the fastest growing bank in Kenya. The bank provides a variety of financial services, including personal, medical, and asset insurance, digital banking, investment, personal and property loans, deposits, forex solutions, credit cards, and more.

Diamond Trust Bank is a leading regional bank that operates in Burundi, Kenya, Tanzania, and Uganda. The bank is making significant investments in digital banking infrastructure to strategically improve its market penetration. Its products and services include banking, borrowing, debit and credit cards, insurance, and money transfers.

Absa Bank Kenya is a subsidiary of Absa Group Limited, an African financial services provider. Absa Bank, formerly Barclays Bank, is one of Kenya's leading financial institutions. The bank's main focus is on retail, corporate, investment banking, and wealth management.

Family Bank was one of the first commercial bans first banks in Kenya to implement paperless banking using smart card technology, allowing users to transact without having to fill out deposit or withdrawal slips. The bank provides services such as personal loans and mortgages, digital banking, deposits (savings and current accounts).

Stanbic Bank is a leading Africa-focused financial services organization. The bank offers a wide range of financial services, including insurance products, banking services, savings and investments, short- and long-term loans, transactional accounts, and foreign exchange.

I&M Bank is a commercial bank in Kenya that services the financial needs of large and small businesses, with a focus on large and medium-sized organizations, as well as individuals, with a preference for premium customers. The bank's financial services include commercial and personal banking, cards (debit, credit, and prepaid cards), loans, custody and investment services, and insurance.

Standard Chartered Bank, sometimes known as Stanchart Kenya, is prominent in Kenya for cross-border banking. Many Kenyans in diaspora prefer using it. It provides a variety of local and foreign currency and banking.

National Bank is a wholly owned subsidiary of the Kenya Commercial Bank Group. The bank provides various banking services, including accounts, loans, insurance, investments, debit and credit cards. On March 2024, KCB annaounced that it intends to sell National Bank to Access Bank PLC.

Bank of Africa is a mid-tier bank ranked 15th out of 42 commercial banks in Kenya by the Central Bank of Kenya. The bank provides financial services to corporations, small and medium-sized enterprises, investment groups, and individuals. Services include loans and credit facilities, personal and business accounts, transactional banking, mobile banking, cash management, trade finance, and money transfers.