There are numerous bank in Kenya that are ranking as the best today or in the current year 2020. Some of the best commercial banks in Kenya in 2020 that are considered the richest are owned by individuals while others, are government or parastatals. All in all, in this article, we shall list the top 10 best banks in Kenya by asset base in 2020 for loans and savings (pdf).
We hope that you also read on the best banks in Uganda presently. In Kenya, the Central Bank is the governing body for all the banking and financial institutions. Certainly, the Central Bank of Kenya,CBK, has 2 classifications of the banking institutions in Kenya. These include, Tier 1, which are the banks worth of billions, while Tier 2 are the average but stable banks in Kenya. In other words, Tier 1 are the commercial banks while Tier 2 are the micro-finance firms.
In summary, we shall list the top 10 best banks in Kenya in 2020 for loans and savings (pdf). Then, we shall provide links to each of the respective best banks in Kenya today. Have a look at the list beneath.
Top 10 Best Banks in Kenya 2020
- Kenya Commercial Bank Group. KCB is the best bank in Kenya in 2020 today.
- Co-operative Bank of Kenya. Its the second in the pdf list of the top 10 best banks in Kenya in 2020 for loans & savings.
- Equity Group Bank. Also, Equity group bank is one of the best banks in Kenya in 2020 for savings, business, and lending money.
- Diamond Trust Bank.
- Standard Chartered Bank of Kenya.
- I&M Holdings.
- Barclays Bank of Kenya.
- Stanbic Holdings.
- NIC Bank.
- Housing Finance Group.