Banks play multiple functions in today’s economy, e.g., matching creditors and borrowers, encouraging people to save, and promoting payment systems. Most companies pay their employees’ salaries through banks to reduce theft cases. As a result, almost everyone in Kenya’s labor force has a bank account, whether employed or in business. Banks have opened their branches in most residential neighborhoods to reach more customers. Others have authorized agents that serve people in the most remote areas. Kitengela, the fastest growing residential area in Nairobi metro town, has attracted several banks. Here are the established banks in Kitengela.
1. Co-Operative Bank – Kitengela Branch
The co-operative bank is a leading commercial bank in Kenya. It is highly ranked for providing the best personal and business banking solutions in the Kenya economy. For example, it has the best services in transaction accounts, personal loans, saving accounts, insurance, overdraft, and investment.
The bank has partnered with Yara East Africa to enable farmers and agro-business distributors to purchase fertilizers. As a result, it has increasingly dominated the farming regions’ banking business. In addition, the co-op bank is popular among Kenya’s employees for charging reasonable charges and allowing overdrafts.
Location: Nasaru Centre, Kitengela Town, Nairobi- Namanga Road, Athi River
Working hours: 9 am – 4 pm
Contacts: 020 2603646
Google Rating: 3.3 stars, (7 reviews)
2. Family Bank Kitengela
The Family Bank is a renowned financial institution that has always upheld modern technology. It has found a place among the top-rated banks with the best and safest Ebanking solutions, such as the PesaPap mobile banking. In addition, the Family bank has several agents in the extensive residential areas to help reach more customers and reduce congestion at the main branches.
The benefit of choosing the Family bank is that it offers various products, including personal savings and loans. They also give customers’ interest a priority in everything they do.
Location: Namanga Road, Nairobi
Working hours: 8 am – 4 pm
Contacts: 04522883
Google Rating: 4.0 stars, (4 reviews)
3. Absa Bank Kitengela
The Absa bank, formally called Barclays bank is a part of Absa group limited, one of Africa’s largest diversified financial groups. It is committed to finding local solutions to the unique challenges facing the retail, business, corporate, investment, wealth management, etc.
Additionally, the Absa bank’s primary business is to add value to every country they operate in and make Africa proud. It is highly rated for providing civil servants with long-term loans.
Location: Athi River
Working hours: 8 am – 4 pm
Contacts: 020 3900000
Google Rating: 4.0 stars, (4 reviews)
4. Faulu Bank
The Faulu bank, commonly known as Faulu Kenya, is a microfinance institution offering banking, lending, and insurance services. It is also a member of old mutual limited and a subsidiary of old mutual East Africa group. The Faulu Kenya is passionate about helping both individuals and organizations achieve financial goals.
The Faulu bank’s financial services include savings, investment, and insurance. Its customers range from retails, MSME, etc.
Location: GXF6+VRW, Athi River
Working hours: 9 am – 4 pm
Contacts: 020 3877290
Google Rating: (yet to be reviewed)
5. HFC bank
The HFC (housing financing company) is a registered commercial bank offering an integrated financial solution to real estate development, mortgage loans, and property insurance. It prides itself on providing unmatched varieties of financial services. For example, for personal banking, you can opt for a transaction account, saving account, etc.
The HFC bank also enables property developers and homebuyers to get the financing they need to accomplish their projects. The Kenyans in the diaspora prefer the HFC bank to help them invest wisely in the real estate industry.
Location: GX94+FWR, Athi River
Working hours: 9 am – 4 pm
Google Rating: 3.5 stars, (2 reviews)
6. NCBA bank – Kitengela Branch
The NCBA bank is a result of merging the NIC and CBA banks. As a result, it harnessed the two banks’ powers and became a powerful financial institution with unmatched expertise and regional reach. It also offers vast product choices from transaction accounts, borrowing, saving, insurance, and investment.
If you believe that success and greatness are not rare gifts and can be achieved one step at a time, then NCBA is your perfect partner. It will help you achieve your financial goal.
Location: Zulu Hotel, Namanga Road, Athi River
Working hours: 8.30 am – 4 pm
Contacts: 0711 056444
Google Rating: 4.3 stars, (3 reviews)
7. National Bank of Kenya – Kitengela Branch
The National bank is a subsidiary of the KCB group committed to providing a competitive and comprehensive financial solution. It hires courageous staff that upholds collaboration, innovation, and honesty to ensure customers’ continuous and effective service.
The National bank products include personal banking, corporate banking, business banking, etc. It also offers advanced mobile banking that enables customers to transact from the comfort of their phones.
Location: Kitengela capital center
Working hours: 9 am – 5 pm
Contacts: 020 2828730
Google Rating: 3.7 stars, (6 reviews)
8. Postbank
Postbank is among the oldest banks in Kenya, with unmatched experience in the banking industry wholly owned by the government of Kenya. Its primary focus is to ensure Kenyans develop a saving culture, and for this reason, it has developed affordable savings and other financial services that meet customers’ expectations.
The Postbank products include:
- Saving account (e.g. M-sawa a/c, bidii a/c, akiba saving a/c, etc.)
- Money transfer (e.g., western union, Money Gram, Express Money, etc.)
- Internet banking
- Mobile banking
Location: Kitengela Plaza, Namanga Road, Athi River
Working hours: 8.30 – 4 pm
Contacts: 04522526
Google Rating: 3.5 stars, (2 reviews)
9. Standard Chartered Bank
The Standard Chartered bank, sometimes referred to as Stanchart Kenya, is a subsidiary of the British multinational financial conglomerate, the first foreign bank in Kenya. It offers a variety of local and foreign currency banking solutions that meet customers’ transactional, borrowing, and investment needs.
The Stanchart target customers are corporate, government, and government agencies and clients looking for retail banking, commercial banking, and corporate and institutional banking.
Location: A 104, At Kitengela Red Heron Shopping Mall, Athi River
Working hours: 12 am – 11.30 pm
Contacts: 0203293900
Google Rating: 4.5 stars, (2 reviews)
Conclusion
The list of the banks in Kitengela cannot be exhausted. Other banks like equity bank, Kenya women finance trust, and Chase Bank also have branches Kitengela.