Dublin, February 15, 2022 — (GLOBE NEWSWIRE). “The Banking Industry in Kenya 2021”Report has been added ResearchAndMarkets.com’s offering.
The Banking Industry in Kenya
This report examines the Kenyan banking sector, with a focus on commercial banks, but also including the central Bank and microfinance, as well as mutual funds like local credit and savings units and community-based financial service associations.
It contains detailed information about the industry’s size, state, performance, developments, major industry players, corporate actions, and industry developments.
There are 56 profiles, including those of commercial banks like Standard Chartered, Stanbic and Equity Bank, KCB Group, and smaller banks like Paramount and Middle East Bank, as well as microfinance banks like Faulu or Muungano.
The majority of assets in Kenya’s banking sector are held by commercial banks. Of these, most are held mainly by 10 listed companies, half which are foreign-owned. The Kenyan banking industry has been widely considered overbanked. Large banks are being driven by highly competitive and low-margin conditions in order to consolidate through acquisitions and mergers and to become fully regionalised.
Digital Disruption
Digital banking services are disrupting the traditional branch, ATM, and agent network model. They are changing how commercial banks reach customers.
The majority of banking transactions in Kenya occur outside branches. However, digital and mobile banking can now be offered at a fraction or even less cost than branches, ATMs, and agents. This allows banks to reach new customers and reduce costs while improving their income through digitisation.
Consolidation
Over the past few years, Kenya’s banking industry has been consolidating. After a period of loan restructuring and the subsequent restoration or profitability, large, well-capitalised commercial banks will continue to consolidate locally, acquire small banks at low valuations, expand into the region, and pursue digital banking to lower cost and win back small-business and household customers that were lost to non-bank competition in recent years.
Key Topics:
1. INTRODUCTION
2. COUNTRY PROFILE
2.1. Geographic Position
3. DESCRIPTION OF INDUSTRY
3.1. Industry Value Chain
3.2. Size of the Industry
3.3. Key Success Factors & Pain Points
4. LOCAL
4.1. Key Trends
4.2. Notable Player
4.3. Corporate Actions
4.4. Regulations
4.5. Enterprise Development and Social Development
5. AFRICA
6. INTERNATIONAL
7. FACTORS INFLUENCING
7.1. COVID-19
7.2. Economic Environment
7.3. Labour
7.4. Technology, R&D, and Innovation
7.5. Input Costs
7.6. 7.6.
8. COMPETITIVE ENVIRONMENT
8.1. 8.
8.2. Barriers to Entry
9. SWOT ANALYSIS
10. OUTLOOK
11. INDUSTRY ASSOCIATIONS
12. REFERENCES
12.1. Publications
12.2. Websites
COMPANY PROFILES
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Absa Bank Kenya PLC
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Access Bank (Kenya) PLC
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African Banking Corporation Ltd
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Bank of Africa Kenya Ltd
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Bank of Baroda (Kenya), Ltd
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Bank of India Kenya (Kenya Branch of Bank of India).
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Caritas Microfinance Bank Ltd
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Central Bank of Kenya
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Century Microfinance Bank Ltd
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Choice Microfinance Bank Ltd
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Citibank Kenya (Kenya branch of Citibank N.A.)
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Co-operative Bank of Kenya Ltd.
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Consolidated Bank of Kenya Ltd
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Credit Bank PLC
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Daraja Microfinance Bank Ltd
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Development Bank of Kenya Ltd
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Diamond Trust Bank Kenya Ltd
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DIB Bank Kenya Ltd
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Ecobank Kenya Ltd
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Equity Bank (Kenya) Ltd
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Family Bank Ltd
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Faulu Microfinance Bank Ltd
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First Community Bank Ltd
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Guaranty Trust Bank (Kenya) Ltd
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Guardian Bank Ltd
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Gulf African Bank Ltd
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Habib Bank Kenya (Kenya branch of Habib Bank AG Zurich)
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HFC Ltd
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I&M Bank Ltd
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KCB Group PLC
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Kenya Women Microfinance Bank PLC
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KEY Microfinance Bank PLC
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Kingdom Bank Ltd
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M Oriental Bank Ltd
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Maisha Microfinance Bank Ltd
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Mayfair CIB Bank Ltd
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Middle East Bank Kenya Ltd
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Muungano Microfinance Bank PLC
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NCBA Group PLC
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Paramount Bank Ltd
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Prime Bank Ltd
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Rafiki Microfinance Bank Ltd
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RentWorks East Africa Ltd
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SBM Bank (Kenya) Ltd
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Sidian Bank Ltd
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Simba Corporation Ltd
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SMEP Microfinance Bank Ltd
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Spire Bank Ltd
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Stanbic Bank Kenya Ltd
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Standard Chartered Bank Kenya Ltd
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Sumac Microfinance Bank Ltd
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U & I Microfinance Bank Ltd
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UBA Kenya Bank Ltd
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Uwezo Microfinance Bank Ltd
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Vehicle and Equipment Leasing Ltd
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Victoria Commercial Bank Ltd
For more information on this report, visit https://www.researchandmarkets.com/r/mnvupx
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