196:. As of June 2017, the institution was in the process of raising fresh capital, in order to qualify for a national licence that authorizes the company to conduct business in all the counties of the country. A regional microfinance company requires KSh20 million (US$ 200,000) in capital to obtain a licence, while a national microfinance bank requires a minimum capital investment of KSh60 (US$ 600,000). In May 2017, the institution announced its intention to introduce
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CMBKL is a private financial services provider in Kenya. It was awarded a microfinance banking license by the
Central Bank of Kenya, on 13 May 2015. The institution was licensed as a community-microfinance bank, authorized to provide services in
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179:, Kenya's capital city. The geographical coordinates of the headquarters of the microfinance bank are: 01°23'51.6"S, 36°45'28.0"E (Latitude:-1.397667; Longitude:36.757778).
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As of March 2018, the microfinance bank has one branch at Siron Place, along Magadi Road, in Ongata Rongai, Kajiado North
Constituency, in Kajiado County, Kenya.
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The institution is majority owned by
Kenyans in the Diaspora, especially the United States, the United Kingdom, Germany, China and South Africa.
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283:"Distance between Nairobi Central, Nairobi, Kenya and Choice Microfinance Bank, Magadi Road, Ongata Rongai, Kenya"
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The headquarters and main office of CMBKL are located at Siron Place, along Magadi Road, in
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456:"Kenya: Diaspora-Owned Choice Microfinance Bank to Spend Sh60 Million in Branch Expansion"
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258:"Central Bank of Bank of Kenya: Directory of Licenced Microfinance Banks"
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399:"Choice Microfinance Bank in drive to raise Sh60 million for expansion"
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310:"Location of the Headquarters of Choice Microfinance Bank"
370:"Choice Microfinance Bank ups quest for more capital"
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481:. Ongata Rongai: Choice Microfinance Bank Limited
479:"Choice Microfinance Bank Limited: Contact Us"
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8:
1069:Structured Financial Messaging System (SFMS)
427:"Choice Bank to launch mobile, Web services"
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477:Choice Microfinance Bank (29 March 2018).
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1059:National Electronic Fund Transfer (NEFT)
454:African Leadership UK (11 March 2016).
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338:"CBK Licenses Choice Mcrofinance Bank"
263:. Nairobi: Central Bank of Kenya (CBK)
145:Choice Microfinance Bank Kenya Limited
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1105:Kenyan companies established in 2015
336:The Standard Kenya (24 May 2015).
163:, the national banking regulator.
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1064:Real Time Gross Settlement (RTGS)
458:. London: Africanleadership.co.uk
397:Ngugi, Brian (29 December 2016).
368:Patrick Alushula (26 June 2017).
1090:Microfinance companies of Africa
843:Kenya Mortgage Refinance Company
717:Housing Finance Company of Kenya
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811:Financial services organization
425:Ngunjiri, James (23 May 2017).
1034:Automated Teller Machine (ATM)
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980:Kenya Women Microfinance Bank
677:East African Development Bank
1013:United Nations Sacco Society
622:African Banking Corporation
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1044:De-Materialisation (DEMAT)
652:Consolidated Bank of Kenya
190:Kajiado North Constituency
63:Siron Place, Magadi Road,
1100:Banks established in 2015
962:Microfinance Institutions
912:Commercial Bank of Africa
667:Development Bank of Kenya
657:Cooperative Bank of Kenya
1054:Foreign Exchange (FOREX)
970:Choice Microfinance Bank
802:Victoria Commercial Bank
792:Standard Chartered Kenya
757:Paramount Universal Bank
141:Choice Microfinance Bank
19:Choice Microfinance Bank
1008:Mwalimu National Sacco
1003:Imarisha Sacco Society
985:SMEP Microfinance Bank
797:United Bank for Africa
747:National Bank of Kenya
737:Middle East Bank Kenya
230:List of banks in Kenya
151:, is a deposit-taking
947:Imperial Bank Limited
823:Equity Group Holdings
732:Kenya Commercial Bank
594:Central Bank of Kenya
526:1.397667°S 36.75778°E
432:Business Daily Africa
404:Business Daily Africa
235:Microfinance in Kenya
161:Central Bank of Kenya
143:, whose full name is
47:; 9 years ago
937:Giro Commercial Bank
727:Kingdom Bank Limited
712:Habib Bank AG Zurich
375:The Standard (Kenya)
343:The Standard (Kenya)
256:CBK (30 June 2016).
697:Guaranty Trust Bank
531:-1.397667; 36.75778
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914:(Formerly part of
672:Diamond Trust Bank
159:, licensed by the
36:Financial services
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647:Citibank NA Kenya
617:Access Bank Kenya
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833:I&M Holdings
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787:Stanbic Bank
767:Premier Bank
722:I&M Bank
586:Central bank
514:01°23′51.6″S
507:
483:. Retrieved
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153:microfinance
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60:Headquarters
24:Company type
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975:Faulu Kenya
782:Sidian Bank
692:Family Bank
687:Equity Bank
662:Credit Bank
529: /
315:Google Maps
288:Google Maps
110:Debit Cards
106:Investments
1084:Categories
952:Spire Bank
942:Habib Bank
907:Chase Bank
848:NCBA Group
772:Prime bank
517:36°45′28″E
321:24 October
294:24 October
241:References
204:services.
81:MIB Africa
76:Key people
52:2015-05-13
932:Fina Bank
927:Euro Bank
916:CBA Group
879:HDFC Bank
874:FirstRand
838:KCB Group
818:DTB Group
762:Post Bank
752:NCBA Bank
642:CIB Kenya
612:Absa Bank
435:. Nairobi
378:. Nairobi
346:. Nairobi
208:Ownership
124::Aftertax
828:HF Group
485:29 March
462:29 March
439:29 March
410:29 March
382:29 March
350:29 March
267:29 March
224:See also
216:Branches
183:Overview
167:Location
155:bank in
133:Homepage
91:Products
85:Chairman
32:Industry
1018:Unaitas
889:Nedbank
312:(Map).
285:(Map).
177:Nairobi
129:Website
116:Revenue
99:Savings
50: (
42:Founded
27:Private
995:SACCOs
261:(PDF)
157:Kenya
149:CMBKL
103:Forex
95:Loans
69:Kenya
884:HSBC
487:2018
464:2018
441:2018
412:2018
384:2018
352:2018
323:2022
296:2022
269:2018
200:and
192:in
147:or
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.