With branches in China, Hong Kong, Japan and Singapore, the Bank offers a range of financial services to both Australian clients with interests in Asia and clients within the region who have business interests in Australia. The Bank also has representative offices in China.
The Commonwealth Bank of Australia (Commonwealth Bank) has its own New Zealand banking licence and operates in the Corporate and Institutional market in New Zealand. Commonwealth Bank provides Corporate and Institutional clients in New Zealand with a comprehensive range of products and services, including transaction banking, global markets, capital markets and research.
The new NCBA Bank group offers a vast number of quality services, across its branches, including mobile banking, saving and investment, insurance packages, asset finance, and personal banking services.
NCBA Bank Kenya, whose full name is NCBA Bank Kenya Plc, is a commercial bank in Kenya. It is licensed by the Central Bank of Kenya, the country's central bank and national banking regulator.
The bank's headquarters are located at NCBA Centre, at the junction of Mara Road and Ragati Road, in the neighborhood called Upper Hill, in Nairobi, the capital city of Kenya. The geographical coordinates of the group's headquarters are:01°17'52.0"S, 36°48'46.0"E (Latitude:-1.297778; Longitude:36.812778).
NCBA Bank Kenya is a subsidiary of NCBA Group Plc, a large financial services provider in East Africa, and parts of West Africa. The group maintains its headquarters in Nairobi, Kenya. NCBA Group Plc owns subsidiary companies in Kenya, Uganda, Tanzania, Rwanda and the Ivory Coast. As of September 2019[update], NCBA Bank's total asset base was valued at about KSh487.8 billion (US$4.88 billion). At that time, the bank was ranked in position number three, by total assets, behind KCB Bank Kenya Limited and Equity Bank Kenya Limited.
NIC Bank Kenya Plc roots trace back to 1959 when its parent company, NIC Group, was formed as a joint venture by Standard Bank Limited of South Africa and Mercantile Credit Company Limited of the United Kingdom. NIC was initially a non-bank financial institution (NBFI).
NIC Bank Kenya Plc was incorporated in 2016 as a result of the corporate reorganization of NIC Bank Group. Prior to January 2017, NIC Bank Group operated both as a licensed bank and a holding company for its subsidiaries.
In 2017, the Central Bank of Kenya appointed NIC Bank as asset and liabilities consultant for Imperial Bank Limited (in receivership). Effectively, NIC Bank took over the responsibility of returning funds to the failed bank's deposit customers. The agreement also allows NIC to acquire some of the deposits, assets and liabilities of Imperial once its receiver manager the Kenya Deposit Insurance Corporation starts liquidating the bank.
In December 2018, NIC Group announced that it would be merging with Commercial Bank of Africa Group (CBA) creating Kenya's third-biggest bank, by assets. The transaction was approved by the Kenyan regulators and shareholders in April 2019. CBK announces the merger of Commercial Bank of Africa Limited (CBA) and NIC Group PLC (NIC) effective September 30, 2019.
As of 18 May 2019, the merged group was still operating two sets of banks in Kenya, Uganda and Tanzania but was in the process of seeking regulatory approval to merge these business so that they can have one bank in each country and a group rebranding. On 27 September 2019, the Central Bank of Kenya approved the merger and name changes, effective 1 October 2019. The merged non-banking holding company became NCBA Group Plc and the Kenyan subsidiary of the merged entity became NCBA Bank Kenya Plc. The names of the merged entity in Tanzania, Rwanda, Uganda and Ivory Coast will re-brand accordingly.
The Commercial Bank of Africa (CBA) was established in 1962 as a subsidiary of the Swiss-based Société Financière pour les Pays d'Outre-Mer (SFOM). The CBA established branches in Kenya and other countries in East Africa.
They also get access to a dedicated relationship manager. The account is available in Kenyan Shillings or other major foreign currencies. Corporations can learn more and sign up for a corporate current account by visiting an NCBA bank branch.
These are NCBA bank accounts and payment options offered to Kenyans in the diaspora. The NCBA diaspora account can be opened online and operated from any country. The account can also be used to pay taxes and transfer money locally and internationally. No amount is required to open a diaspora account.
After registering for mobile banking, download the NCBA Now app from the Playstore and Appstore and follow the prompts to get started. Old NIC Bank Kenya and Commercial Bank of Kenya (CBA) app users can migrate to the new NCBA Now bank app by following the steps here.
NCBAs wide range of product offerings can be attributed to the merger between NIC Bank group Plc and the Commercial Bank of Africa. But there are still some issues that need to be sorted out. For example, the website does not provide much information on the requirements people need to apply for bank accounts and other products.
Azania Bank Limited is a Tanzanian commercial bank that offers banking productsand services to individuals and businesses. Azania Bank has 24 branches, 8 service centres, 30+ Bureau De Change outlets,and 500 agents (Wakala) centres.This article covers the products and services offered by Azania Bank.History of Azania
Stanbic Bank Tanzania, a subsidiary of Standard Bank Group Limited, is acommercial bank in Tanzania that provides banking services to individuals andbusinesses.This article covers the products and services offered by Stanbic Bank Tanzania.History of Stanbic Bank TanzaniaStanbic Bank Tanzania is a division of Standard Bank,
DCB Commercial Bank Plc (DCB Bank) is a retail and commercial bank in Tanzaniathat provides banking products and services to individuals, businesses, andcorporations. DCB Bank Tanzania started with a startup capital of 1.7bn TZS ($738,000) and itis one of the first banks to be listed
If you think you've used the wrong SWIFT code to send money, you should get in contact with your bank right away. They may be able to cancel the transaction. If it's too late to cancel, you might have to contact the recipient yourself and request that they return your money.
Wise does not take responsibility or have any liability to you or anyone for any risks that may be associated with these banks or financial institutions or the jurisdictions they operate in, nor any transactions that you or any other person may undertake with these organisations. Wise may not provide services in the jurisdiction in question. For a list of our supported countries, please see here.
The banking sector is a critical player in the modern economic world. Besides many functions, banks collect deposits from people with surplus funds, pull them together and lend them to people that need a financial boost. In addition, banks are increasingly becoming a key player in transactions and payment systems. Most firms and individuals prefer bank transfers to cash payments.
Equity bank is the fifth strongest banking brand in the world, offering integrated financial services designed to empower consumers socially and economically. It is among the leading banks in Kenya that serve everyone regardless of their social status.
However, the Equity bank Lavington branch is among the 15 supreme branches of equity banks that serve high-net-worth clients. Their services include high-value banking, wealth management, and advisory services. Their primary customers are corporates and SMEs looking for value addition banking.
NCBA is one of the strongest banks in Kenya, leading with numerous branches and ATM outlets across the country. Its existence resulted from merging NIC and CBA banks, forming a stronger financial institution. It has services for everyone, including individuals, businesses, and corporates.
The NCBA bank also has premier banking, exclusive banking thoughtfully designed to serve high-net-worth individuals. Premier banking is highly personalized with various financial solutions and benefits. They also have great financial experts that offer financial advisory to individuals and corporates.
Diamond trust bank is a leading regional bank that has been in operation in Kenya for over seven decades focusing on SMEs. It was founded with a mission of helping customers prosper, and it continues to remain true to its mission through its numerous branches across the country.
The bank is reputable for having some of the best financial specialists dedicated to helping customers make sound financial decisions. They also have friendly loans with a reasonable and affordable payment plan that enables customers to advance in their businesses with courage and confidence.
Credit bank is a friendly bank founded with a clear vision of helping individual achieves their dreams. Its service includes microloans, development loans, and property and motorbikes insurances. It is an ideal option for customers looking for a financial boost in their businesses or projects since its terms are reasonable with room for negotiation.
Wezesha trust quality bank is a financial service group that makes loans and provides financial advice and investment management. Its services cut across all sectors, including individuals and businesses. In addition, the Wezesha trust quality bank provides trade & payment and diaspora money transfers.
Coop kwa jirani is a convenient banking model designed by the cooperative bank to bring its banking services close to the consumer. Services offered at coop kwa jirani include cash deposits and withdrawals, utility and school fees payments, balance inquiries, and mini statements.
Absa bank is an African financial service institution with a strong presence in 12 African nations, Kenya included. It prides itself on its uncompromised effort to find solutions for local challenges its customers face. Also, its services centers on various clients, including retail, businesses, and corporates. 2b1af7f3a8