Kingdom Bank, a subsidiary of the Co-operative Bank of Kenya since its acquisition in August 2020, focuses on supporting micro, small, and medium-sized enterprises (MSMEs), including youth- and women-owned businesses.
Its origins trace back to a charitable trust founded by 50 destitute families living on the streets of Nairobi, Kenya’s capital.
In March 2010, the institution merged with City Finance Bank (CFB), a small private financial services provider that had previously catered to large corporations and high-net-worth clients.
The merger saw CFB acquire the institution and adopt the name of its new acquisition, transforming it into a fully licensed commercial bank.
Other investors in the bank have included Baraka Africa Fund (BAF) and individual shareholders. In March 2020, the Co-operative Bank of Kenya announced its proposal to acquire Kingdom Bank.
Co-operative Bank of Kenya acquired 90% ownership of Kingdom Bank by subscribing to 224,153,541 new class A ordinary shares.
As of December 2023, the bank reported total assets of Ksh 36.7 billion and a profit before tax of Ksh 1.08 billion.
Its interest income stood at Ksh 3.7 billion, while non-interest income reached Ksh 533.7 million.
The bank operates 23 branches and has continued to expand its presence across the country. It provides a range of financial services aimed at meeting the needs of its customers, particularly in the MSME sector.
Kingdom Bank Branches
| Branch | Location |
|---|---|
| Head Office | Argwings Kodhek Road, Kilimani, Ground Floor |
| Eldoret Branch | Kenyatta Street, Corner House, Opp. School Depot |
| Gikomba Branch | Kombo Munyiri Road, Nafuu General Hardware Building, 1st Floor |
| Koinange Branch | Winsor House, Ground Floor, Muindi Mbingu Street, Next to Kingsway Tyres |
| Kawangware Branch | Mbugua Plaza, Naivasha Road, Opp. Precious Blood School Riruta |
| Kayole Branch | Pinnacle Centre, Spine Road, Kayole |
| Kiambu Branch | Githunguri Nyakinywa Women Group Building |
| Kikuyu Branch | Red Brick House, Opp. PCEA Kikuyu Township |
| Kitale Branch | Kenyatta Street, Ground Floor, GH Tanna Building |
| Kitengela Branch | Newton House, Opp. Naivas Supermarket |
| Kisii Branch | Kisii-Kisumu Road, Mocha Place, Opp. Quickmart Supermarket |
| Kisumu Branch | Jubilee House, Junction of Oginga Odinga & Angawa Street |
| Kirinyaga Rd Branch | Bits House, 1st Floor, River Road |
| Machakos Branch | Kingdom Bank Building, Mbolu Malu Road |
| Meru Branch | Tom Mboya Street, Ground & 1st Floor, Ntima Building |
| Mombasa Branch | Khamisi Building, Opp. Castle Hotel, Moi Avenue, Ground Floor |
| Mtwapa Branch | Malindi Highway, Mtwapa – Bridge, Mzambarauni |
| Nakuru Branch | Light House, Kenyatta Avenue, Opp. Nyayo Gardens |
| Nyeri Branch | Frontline Building, Gakere Road, Opp. Grand Batian Hotel |
| Ongata Rongai Branch | Brisma Towers, Ground Floor, Opp. Tuskys Supermarket |
| Thika Branch | Thika Town, Opp. Quickmart Supermarket |
| Utawala Branch | Mashariki Shopping Mall, Eastern Bypass, Next to APTC College |
| Wangige Branch | Wangige Shopping Centre, Walokana Petrol Station |
Also Read: Sidian Bank Owners, Branches & Loans Offered
Loans Offered
The following are loans offered by Kingdom Bank;
Salary Check Off Loan
The Salary Check Off Loan is a financing option designed for salaried individuals working in public and private institutions. It targets:
-
Public sector employees such as teachers, police officers, and nurses.
-
Private sector employees in areas like private schools, security firms, manufacturing companies, and corporate organizations.
Faidi Dada Loan
The Faidi Dada Loan is a financing solution designed to support working capital, operational expenses, capital expenditure, and business expansion needs. It specifically targets businesses and entities that are:
-
Owned by women
-
Led by women in terms of ownership, management, or workforce.
Also Read: Ecobank Ownership, Branches & Loans Offered
Chama Investment Loan
The Chama Investment Loan is designed for groups or associations (Chamas) that pool resources together for collective investment purposes. It targets:
-
Groups of individuals organized as Chamas with the goal of mobilizing capital for joint investments.
Unsecured Business Loan
It is a loan facility that provides working capital for business operations and expansion. It is suitable for retailers, distributors, wholesalers, & hardware shops.
Daraja Loan
This is micro loan targets businesspeople who own and manage an established, ongoing enterprise which can use the funds to expand their existing business line(s) profitably.
Follow our WhatsApp Channel and X Account for real-time news updates.
