List Of Tier 1 Banks In Kenya
What are Tier 1 Banks in Kenya?
Tier 1 banks in Kenya are considered to be safe by CBK and control almost 50% of the Kenyan banking sector market share.
According to the Central Bank of Kenya, Tier 1 banks have a weighted index of five percent and above, Tier banks have an index of between one and five percent while Tier three banks have a weighted index of below 0 percent.
In the past few years, a lot has been happening in the banking sector.
In this article Keweb.co tries to answer the question by publishing the full list of Tier 1 Banks in Kenya
Below is the full List of the Tier 1 Banks In Kenya
Kenya Commercial Bank
Equity bank
Cooperative Bank
Barclays Bank
Commercial Bank of Africa (CBA)
Standard Chartered Bank
Stanbic Bank
Diamond Trust Bank (DTB)
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How many Tier 1 banks are in Kenya?
The nine banks that make up the top tier are Equity, KCB, Co-operative Bank, NCBA, Standard Chartered Bank Kenya, Absa Bank Kenya, Stanbic, DTB, and I&M.