The world has changed, and people no longer move around with cash. Rather, banks and mobile money has become the new norm in people’s daily lives. The reason is that banks are safe and convenient and offer the easiest way to conduct transactions.
During money transfers, the need for security has called for banks to open branches in most parts of the country. As a result, they have become a key factor when choosing a residential area. The Runda residents are privileged to have the following banks within the neighborhood.
1. KCB Bank
The KCB bank is a financial provider licensed as a commercial bank by the central bank of Kenya. In Kenya, this oldest bank offers multiple banking options to its customers, e.g., personal banking options and business and corporate banking options.
The KCB bank has also introduced the ‘KCB mtaani’ and the KCB Mpesa banking to improve its service delivery to its customers. With the KCB app on your phone, you can save and borrow money from the comfort of your phone.
Location: Village Market Mall, Limuru Rd, Nairobi
Working hours: 8.30 am – 4 pm
Contacts: 020 7122003
Google Rating: 2.4 stars, (5 reviews)
2. Absa Bank
Absa bank Kenya is part of Absa bank group limited, one of Africa’s largest diversified financial service groups. It offers a range of retail, business, corporate and investment, and wealth management solutions. It also offers an Islamic banking system to ensure everyone is covered.
Absa Bank has internet banking that helps customers manage their accounts online. Additionally, it has other services such as Hello money, ATM banking, and a banking app enabling customers to pay for bills and transfer money online.
Location: Opp The German School, Village Market, Limuru Rd, Nairobi
Working hours: 10 am – 2 pm
Contacts: 020 7121963
Google Rating: 5.0 stars, (1 review)
3. Standard Chartered Bank
The standard chartered bank Kenya limited is among the oldest financial service providers in Kenya that offer local and foreign currency banking solutions. It has a diversified portfolio across sectors like business services, manufacturing, wholesale and retail trade, transport and communication, real estate, etc. It targets corporates, government, and retail clients.
Moreover, standard chartered bank was the first to introduce the 24 hours ATM operation, an unsecured personal loan, and priority banking facilities. It has also received several excellence awards for being the best in global consumer mobile banking, etc.
Location: village market
Working hours: 9 am – 4 pm
Contacts: 020 2526985
Google Rating: 1.7 stars, (3 reviews)
4. National Bank
The national bank of Kenya limited is a financial service provider certified by the central bank of Kenya. It is a subsidiary of KCB group plc after a successful acquisition in 2019. The national bank’s services range from personal accounts to business accounts and corporate accounts. It also has several ATMs around the country.
Location: Chinese Cultural Center, United Nations Ave, Nairobi
Working hours: 9 am – 5 pm
Google Rating: 5.0 stars, (4 reviews)
5. NCBA Bank
The NCBA bank resulted from the merging of NIC bank and the CBA bank in 2018 to form a more robust institution with unmatched expertise. It has therefore become the most universal yet personal bank in Africa.
The NCBA bank offers personal accounts, business, corporate, and premier accounts to ensure that its services meet its customers’ needs. It also provides additional services such as internet banking and NCBA connect.
Location: Rosslyn Riviera mall
Working hours: 8 am – 8 pm
Contacts: 0700 362654
Google Rating: 4.3 stars, (2,953 reviews)
6. CFC Stanbic Bank
The CFC Stanbic bank results from a merger between the CFC bank and the Stanbic bank. It is a corporate and retail bank licensed by the central bank of Kenya. Therefore, providing investors with an accurate account of their business affairs to make informed decisions.
Location: United Nations Ave, Nairobi
Working hours: 8 am – 5 pm
Contacts: 020 3268000
Google Rating: 4.2 stars, (16 reviews)
7. SBM Bank
The SBM bank, formally known as the fidelity bank, is a commercial institution licensed by the central bank of Kenya and the national banking regulator. It is also a trusted financial service provider with an international footprint, positioned to offer unmatched banking experience to retail, SME, and corporate clients.
The SBM bank service delivery is aided by ATMs, mobile banking, online banking, extensive agency banking services, and a contact centre.
Location: Ridgeways mall
Working hours: 24 hours
Google Rating: 5.0 stars, (1 review)
8. Co-operative Bank of Kenya
The cooperative bank of Kenya Limited is incorporated in Kenya under the Companies Act and licensed to do banking business under the Banking Act. It is also one of the most trusted banks in Kenya for providing financial solutions for unique customer experiences.
The cooperative bank services include personal banking, business banking, institutional banking, group banking, money transfer, treasury products, etc. It has branches in almost every part of the country and extensive residential areas.
Location: Ridgeways mall
Working hours: 8.30 – 4 pm
Contacts: 0703 027000
Google Rating: 2.8 stars, (5 reviews)
9. Equity bank
The Equity bank is licensed by the central bank of Kenya (CBK) to conduct banking business in Kenya’s economy. It is the world’s 5th strongest banking brand and the most popular among low and middle-income earners in Kenya. It therefore offers a wide range of services to customers locally and in the diaspora, including banking, insurance, and investment.
The equity bank has gained a high reputation for empowering its customers socially and financially, restoring dignity and opening more opportunities for creating wealth in Kenya.
Location: ridgeways mall
Working hours: 8 am – 4.30 pm
Contacts: 0763 068134
Google Rating: 3.2 stars, (10 reviews)
Conclusion
Banking on banks within your residential areas is convenient, time-saving, and creates a real connection between the banks and the consumers. Additionally, banks located within residential areas offer higher quality customer services to maintain a good relationship. They also provide services that have significance to their customers, considering their economic situations.
