List Of Tier 3 Banks In Kenya
Tier 3 capital is tertiary capital, which many banks hold to support their market risk, commodities risk, and foreign currency risk, derived from trading activities.
In this article Keweb.co tries to answer the question by publishing the full list of Tier 3 Banks in Kenya
Below is the full List of the Tier 3 Banks In Kenya
The final level is Tier 3. They control 8.4% of the market. They are:
Jamii Bora Bank
ABC Bank
Credit Bank
Paramount Universal
Consolidated and Development Bank
Fidelity Bank
Equatorial Commercial Bank
Giro Bank
Guardian Bank
Middle East Bank
Oriental Commercial Bank
Paramount Universal Bank
Trans-National Bank
Victoria Bank
First Community Bank
Habib A.G Zurich Bank
Habib Bank
Gulf Africa
Sidian Bank
UBA Bank
Consolidated Bank
Development Bank
In 2015, CFC Stanbic was replaced by CBA Bank in tier 1 after losing top-tier classification due to a drop in its market share. The shifts in market share are caused by the increase in client deposits as banks implement various strategies to increase deposits.
In 2015, tier 2 banks posted stronger results in terms of growth. Most of the banks in this tier recorded increases in their asset base as well as their customer deposits.
What tier are Kenya banks?
Tier 1 banks are large banks that have hundreds of billions in assets and are not likely to collapse financially. They are the top banks in Kenya. Tier 2 banks are medium-sized banks while tier 3 consists of small banks.