Major Bank Kenya (PBKL) is a commercial bank in Kenya licensed and regulated by the national banking regulator, the Central Bank of Kenya (CBK).
The bank is a medium-sized retail bank serving both individual and corporate clients. As of December 2017, the bank had a total asset base value of 77.998 billion Kenyan shillings ($784.215 million) and shareholders' equity of 14.672 billion Kenyan shillings ($147.518 million).
As of July 2018, Prime Bank ranked 15th out of a total of 39 lenders in Kenya in terms of total assets. According to data provided by CBK, the bank had 24,000 deposit accounts and 4,000 loan accounts at the time, with a market share of 1.82%.
Subsidiary
Bank investments include:
- Prime Capital & Credit Limited (PCCL) - headquartered in Nairobi, Kenya, and 100% owned by Prime Bank (Kenya)
- Tausi Assurance Company Ltd - 80.72% equity - a Kenya-based insurance company.
FMBCapital Holdings Plc - holds 22.48% of the shares, 11.24% directly and 11.24% through PCCL. - A Mauritius-based financial services holding company with subsidiaries in Botswana, Malawi, Mozambique, Zambia and Zimbabwe.
Branch Network
As of January 2022, the bank has a network of 23 interconnected branches and over 18 ATMs in major urban centres in Kenya.
