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Development Bank of Kenya is a medium-sized financial institution providing an array of financial services to both individuals and businesses. As of
December 2013, the total asset valuation of the bank was approximately US$ 180 million (KES:15.58 billion), with shareholder's equity of about US$ 21
159:. In 1964, it began financing development projects as a development finance institution. As part of the banking reforms of 1996, it converted to a commercial bank and began accepting customer deposits.
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Development Bank of Kenya was established in 1963 as a non-banking financial institution. Its primary focus at that time was to promote and develop commercially viable projects in
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207:, became the fifth shareholder. Over the years, the non-Kenyan shareholders have divested from the bank and shareholding as depicted in the table below:
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million (KES:1.822 billion). At that time, the bank was ranked number 26, by assets, among the 43 licensed banks in Kenya.
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277:, Kenya's capital and largest city. It has one branch on the ground floor of its headquarters building.
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Shareholding in
Development Bank of Kenya at its inception included (a) the
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460:"The Addresses of the Headquarters of Kenyan Commercial Banks"
345:"Directory of Commercial Banks And Mortgage Finance Companies"
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As of August 2014, the bank maintains its headquarters in
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416:"Development Bank of Kenya: Historical Background"
438:"Development Bank of Kenya Limited: Shareholders"
231:Industrial and Commercial Development Corporation
173:Industrial and Commercial Development Corporation
87:Aftertax: US$ 832,200 (KES:71.953 million (2013)
374:. Development Bank of Kenya Limited. March 2014
369:"Audited 31 December 2013 Financial Statement"
199:, became the fourth shareholder. In 1981, the
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1026:Structured Financial Messaging System (SFMS)
281:Main branch - Finance House, Loita Street,
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211:Development Bank of Kenya Stock Ownership
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99:US$ 180 million (KES:15.58 billion) (2013)
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1016:National Electronic Fund Transfer (NEFT)
394:"Kenya Bank Rankings By Assets In 2013"
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197:Netherlands Development Finance Company
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1062:Kenyan companies established in 1963
484:Website of Development Bank of Kenya
181:Commonwealth Development Corporation
440:. Development Bank of Kenya Limited
418:. Development Bank of Kenya Limited
310:List of national development banks
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1021:Real Time Gross Settlement (RTGS)
205:International Finance Corporation
800:Kenya Mortgage Refinance Company
674:Housing Finance Company of Kenya
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489:Website of Central Bank of Kenya
396:. Bankelele.Co.Ke. 28 April 2014
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138:and national banking regulator.
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768:Financial services organization
991:Automated Teller Machine (ATM)
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937:Kenya Women Microfinance Bank
634:East African Development Bank
189:German Investment Corporation
970:United Nations Sacco Society
579:African Banking Corporation
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1057:Companies based in Nairobi
1001:De-Materialisation (DEMAT)
609:Consolidated Bank of Kenya
1052:Banks established in 1963
919:Microfinance Institutions
869:Commercial Bank of Africa
624:Development Bank of Kenya
614:Cooperative Bank of Kenya
120:Development Bank of Kenya
17:Development Bank of Kenya
1011:Foreign Exchange (FOREX)
927:Choice Microfinance Bank
759:Victoria Commercial Bank
749:Standard Chartered Kenya
714:Paramount Universal Bank
244:TransCentury Investments
130:. It is licensed by the
462:. ExperienceKenya.Co.Ke
73:Chief Executive Officer
965:Mwalimu National Sacco
960:Imarisha Sacco Society
942:SMEP Microfinance Bank
754:United Bank for Africa
704:National Bank of Kenya
694:Middle East Bank Kenya
295:List of banks in Kenya
904:Imperial Bank Limited
780:Equity Group Holdings
689:Kenya Commercial Bank
551:Central Bank of Kenya
300:Central Bank of Kenya
222:Percentage Ownership
185:Government of Germany
132:Central Bank of Kenya
894:Giro Commercial Bank
684:Kingdom Bank Limited
669:Habib Bank AG Zurich
654:Guaranty Trust Bank
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169:Government of Kenya
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1006:Financial services
871:(Formerly part of
629:Diamond Trust Bank
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177:British Government
26:Financial services
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664:Gulf African Bank
604:Citibank NA Kenya
574:Access Bank Kenya
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879:Dubai Bank Kenya
790:I&M Holdings
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984:Related Topics
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659:Guardian Bank
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639:Ecobank Kenya
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219:Name of Owner
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744:Stanbic Bank
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679:I&M Bank
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464:. Retrieved
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442:. Retrieved
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420:. Retrieved
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398:. Retrieved
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376:. Retrieved
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351:. Retrieved
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325:Banks portal
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183:and (c) the
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136:central bank
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94:Total assets
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61:H.K. Mengech
60:
40:Headquarters
932:Faulu Kenya
739:Sidian Bank
649:Family Bank
644:Equity Bank
619:Credit Bank
1041:Categories
909:Spire Bank
899:Habib Bank
864:Chase Bank
805:NCBA Group
729:Prime bank
332:References
201:World Bank
179:, through
175:, (b) the
56:Key people
889:Fina Bank
884:Euro Bank
873:CBA Group
836:HDFC Bank
831:FirstRand
795:KCB Group
775:DTB Group
719:Post Bank
709:NCBA Bank
599:CIB Kenya
569:Absa Bank
466:12 August
444:12 August
422:12 August
400:12 August
378:12 August
353:12 August
163:Ownership
785:HF Group
289:See also
142:Overview
65:Chairman
22:Industry
975:Unaitas
846:Nedbank
283:Nairobi
275:Nairobi
151:History
109:devbank
104:Website
79:Revenue
45:Nairobi
32:Founded
952:SACCOs
261:100.00
134:, the
372:(PDF)
348:(PDF)
256:Total
248:10.7
235:89.3
157:Kenya
128:Kenya
122:is a
49:Kenya
841:HSBC
468:2014
446:2014
424:2014
402:2014
380:2014
355:2014
216:Rank
111:.com
35:1963
126:in
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.