Barclays Bank of Kenya, is a commercial bank in Kenya and a subsidiary of South Africa-based Absa Group Limited.It is licensed by the Central Bank of Kenya, the central bank and national banking regulator.
The headquarters and main branch of the bank are located at Barclays Westend Building, off of Waiyaki Way, in Nairobi, Kenya’s capital and largest city. The geographic coordinates of the bank’s headquarters are:01°15’32.0″S, 36°47’04.0″E (Latitude:-1.258889; Longitude:36.784444).
The bank is a large financial services institution in Kenya, with an asset base in excess of KES:259.718 billion (US$2.597 billion), with shareholders’ equity of KES:42,388 billion (US$423,83 billion). At that time the bank serviced 833 268 customer accounts, in 121 branches, 214 automated teller machines and 2,591 members of staff.
In 1925, National Bank of South Africa was merged with the Anglo-Egyptian Bank and the Colonial Bank in 1925 to form Barclays Bank (Dominion, Colonial and Overseas). This brought the Kenyan operations under Barclays Bank.
The bank was licensed in its present form in 1953 and in 1978 it was incorporated locally as Barclays Bank of Kenya, a wholly owned subsidiary of Barclays Bank International. The bank listed its shares on the Nairobi Stock Exchange in 1986 through a successful IPO. These shares trade under the symbol: BARC.
Before 2013, The bank is a subsidiary of Barclays Bank Plc. (through Barclays Africa), an International financial services conglomerate, whose shares of stock are listed on the London Stock Exchange under the symbol: BARC and on the New York Stock Exchange (NYSE) under the symbol: BCS. In 2013, Barclays Plc adopted the combined strategy to operate as “One Bank in Africa” with an aim of increasing efficiency and boosting returns from the African Units. This led to the merging of all Barclays Plc. businesses in Africa (other than Egypt and Zimbabwe units) through Absa Group Limited, leading to the formation of Barclays Africa Group. The stock of Barclays Africa Group, which owns 68.5% of Barclays Bank of Kenya, is listed on the JSE.
As of 31 December 2016, the major shareholders in the stock of the bank were as illustrated in the table below:
|Rank||Name of Owner||Percentage Ownership|
|1||Absa Group Limited||68.50|
|2||Standard Chartered Nominees Non-Resident A/C KE8723||1.11|
|3||Standard Chartered Nominees Resident A/C KE11401||0.86|
|4||Kenya Commercial Bank Nominees Limited A/C 915B||0.77|
|5||Standard Chartered Nominees Resident A/C KE11450||0.70|
|6||Kenya Commercial Bank Nominees Limited A/C 915A||0.63|
|7||Standard Chartered Nominees Limited Non-Resident||0.53|
|8||Standard Chartered Nominees A/C 9230||0.44|
|9||CFC Stanbic Nominees Limited A/C NR1873738||0.42|
|10||Jubilee Insurance Company Limited||0.37|
barclays bank of kenya branch codes
Barclays Bank of Kenya is a commercial bank in Kenya and a subsidiary of UK-based Barclays bank. It is licensed by the Central Bank of Kenya, the Central Bank, and national banking regulator. Below is a list of all Barclays Bank of Kenya Branch Codes in Kenya as of 2019.
|PLAZA PREMIER BRANCH||03036|
|CHOMBA HOUSE(RIVER ROAD NO.2)||03038|
|MOI AVENUE NAIROBI||03075|
|PLAZA BUSINESS CENTRE||03077|
|HAILE SELASSIE AVENUE||03082|
|MOI AV MSA PRESTIGE||03145|