Top 10 Most Trusted Banks in Kenya


Kenya has a total of 43 banks, which accept savings as well as give loans to individuals in return for interest charges. Though these banks have their customers, few can be trusted, which we would list below.

When we say trusted banks, we mean banks where you can save huge sums of money without wondering what can happen to your saving, in this perspective, there are several banks Kenya trust and have saved for decades without wondering over anything.

When you want to save your money, you have to consider the stability of the bank, management and how big is the financial institution. In the Kenyan case, the following are the best banks to save your money

  • KCB Bank
  • CFC Stanbic Bank
  • Standard Chartered Bank
  • Equity Bank
  • Cooperative Bank of Kenya
  • Commercial Bank of Africa (CBA)
  • NIC Bank
  • Citi Bank
  • Diamond Trust Bank (DTB)
  • National Bank of Kenya

Most of the banks listed above are owned by the government or are subsidiaries of foreign banks. It is, therefore, almost impossible for any investor to lose their money through the banks because they are unlikely to collapse.

The most stable banks include KCB and Standard Chartered Bank, which have assets running into billions of shillings.KCB also is involved in real estate and mortgage business, meaning that the real assets gives the bank the needed confidence to attract savings from depositors.