Barclays Bank Kenya Overview
Barclays Bank of Kenya has operated in the Kenyan market for over 97 years. Its financial strength coupled with extensive local and international resources has positioned it as a top provider of financial services in the country.
Barclays Bank of Kenya Limited, also known as Barclays Bank, is a commercial bank in Kenya. It is licensed by the Central Bank of Kenya which is the national banking regulator.
Barclays Bank of Kenya
The bank’s history traces from 1916 when the National Bank of South Africa (now First National Bank) opened a branch at Mombasa. In 1925, the National Bank of South Africa was merged with the Anglo-Egyptian Bank and the Colonial Bank in 1925 to form Barclays Bank (Dominion, Colonial, and Overseas). This brought the Kenyan operations under Barclays Bank.
Barclays Bank of Kenya History
The bank was licensed in its present form in 1953 and in 1978 it was incorporated locally as Barclays Bank of Kenya, a wholly-owned subsidiary of Barclays Bank International. The bank listed its shares on the Nairobi Stock Exchange in 1986 through a successful IPO. These shares trade under the symbol: BARC.
Before 2013, The bank is a subsidiary of Barclays Bank Plc. (through Barclays Africa), an international financial services conglomerate, whose shares of stock are listed on the London Stock Exchange under the symbol: BARC and on the New York Stock Exchange (NYSE) under the symbol: BCS. In 2013, Barclays Plc. adopted the combined strategy to operate as “One Bank in Africa” with an aim of increasing efficiency and boosting returns from the African Units. This led to the merging of all Barclays Plc. businesses in Africa (other than Egypt and Zimbabwe units) through Absa Group Limited, leading to the formation of Barclays Africa Group. The stock of Barclays Africa Group, which owns 68.5% of Barclays Bank of Kenya, is listed on the JSE.
The bank whose goal is to build not only a sustainable, trusted business, but a business which customers and clients consider as the first choice for answers and solutions- provides a full spectrum of solutions ranging from personal banking, credit cards, corporate, investment banking, wealth and investment management to its customers across the country.
Barclays Bank of Kenya Contacts
Barclays Westend Building, Off Waiyaki Way
PO Box 30120 – 00100
Tel: +(254) (20) 4254000
Barclays Contact Centre
Tel: +(254) (20) 3900000
Mobile: +(254) (0) 722 130 120
Mobile: +(254) (0) 732 130 120
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