4 Best Banks in Kenya To Do Your Finance! (2022)

Finding the best banks in Kenya can be challenging. If you are living in Kenya and are thinking about opening a bank account, chances are you’ve given some thought to which banks are the best. If this is something that’s kept you up a few nights, you are going to love our recommendations. We’ll be sharing with you details about some of the best banks in Kenya.

1. Equity Bank

Equity Bank in Kenya

First on the list of the best banks in Kenya is “Equity Bank.” Equity bank prides itself as being the best bank in Sub-Saharan Africa. While it’s easy to argue this, Equity Bank is among the best banks not just in Kenya but in Africa. The bank itself is relatively new compared to other banks listed in this list. Equity Bank became a fully-fledged commercial bank in 2004. Its growth over the years results from the products, services, and resources it’s made available to its customers. In addition, they’ve set up branches in just about every corner in Kenya, making it easy for their customers to access their money.

Equity Bank Business Details

  • Name: Equity Bank
  • Location: Nairobi, Kenya
  • Address: 9th Floor, Equity Centre, Hospital Road, Upper Hill
  • Website: Equity Bank
  • Phone Number: (076) 306 3000
  • Email: info@equitygroupholdings.com
  • Operating Hours: Weekdays: 8:00 am–4:30 pm, Saturdays 8:00 am–12:00 pm, Sunday & Public Holidays Closed

2. Kenya Commercial Bank (KCB)

Kenya Commercial Bank (KCB)

As it’s popularly known, Kenya Commercial Bank, or KCB, is a go-to bank for many living in Kenya and surrounding countries. It has in place lots of products and services that make banking with them a breeze. Like Equity, they’ve made it super easy for their customers to access their money and seek help by opening up several branches in different parts of the country. Currently, KCB has over 25 million active customers; it operates in 7 countries in Africa.

Kenya Commercial Bank Business Details

3. Co-Operative Bank

Co Operative Bank

With a vision to be a dominant bank not just in Kenya but in the region, Co-Operative Bank prides itself in offering innovative financial solutions for distinctive customer experience. While it is not as big as Equity or KCB in Kenya or even the region, Co-Operative Bank has won the hearts of many seeking banking services in Kenya thanks to services tailored specially for customers. They also have a contact center in place ready to answer any query their customers have 24 hours a day, seven days a week.

Co-Operative Bank Business Details

4. I&M Bank

I&M Bank

Last on the list of the best banks in Kenya is “I&M Bank.” A hip and fun bank is what you get with I&M Bank. One of the many positives about I&M Bank and the reason many, especially the young at heart, are turning to it is the friendly bundles they have for their customers. One such bundle is the young professional’s account designed to help young individuals meet their goals through saving. They also offer travel insurance, child education policy and select premium banking, and mobile banking.

I&M Bank Business Details

Banks in Kenya

Banks in Kenya

We understand that finding the best banks in Kenya can be challenging. Hopefully, this guide will help you find what you’re looking for. If you have any questions or concerns about these bank recommendations in Kenya, please contact our team at ILY Best.

For more business recommendations in Kenya, check out:

To learn more about what banks do, watch “What Do Banks Do” from Marginal Revolution University down below: