Top 10 banks in Kenya by total assets

At a Glance

• Kenya’s top banks are central to capital allocation, credit access, and policy formation—anchoring financial stability and deepening investor confidence.
• With assets over $50 billion combined, these lenders fund major infrastructure, SME growth, and innovation, driving Kenya’s long-term economic trajectory.
• Banks like KCB and Equity are key market movers on the NSE, influencing indices and portfolio performance while expanding Kenya’s role as East Africa’s financial nerve center.

Kenya’s top banks by total assets are financial powerhouses driving capital flows, shaping investment decisions, and anchoring monetary policy.

As pillars of the economy and key players on the Nairobi Securities Exchange (NSE), they boost credit access, foster inclusion, and enhance market liquidity.

Managing billions of dollars in assets, these institutions fund infrastructure, SMEs, and retail banking while pushing financial innovation.

Their performance steers stock market trends and reflects the sector’s influence on Kenya’s economic path.

Shore.Africa spotlights the 10 leading banks by assets—key forces behind investor sentiment and financial market stability.

1. KCB Bank Kenya Ltd
   Total Assets – KSh 2 trillion ($15.44 billion)
   As Kenya’s largest bank by assets, KCB is a bellwether stock on the NSE. Its diversified portfolio spans retail, corporate, and mortgage banking. It plays a crucial role in financing national infrastructure and regional expansion, while setting benchmarks for asset growth and digital banking innovation.
   
   
   

2. Equity Bank Kenya Ltd
   Total Assets– Ksh1.8 trillion ($13.96 billion)
   Equity Bank is a pioneer in financial inclusion, serving millions with branchless banking and mobile solutions. A heavyweight on the NSE, it fuels SME lending and regional financial integration. Its aggressive expansion into East Africa reinforces Kenya’s position as a financial hub.
   
   
   
3. Co-operative Bank of Kenya Ltd
   Total Assets– KSh 743 billion ($5.74 billion)
   Known for its co-operative model, this bank has transformed grassroots economies. Listed on the NSE, it offers stable dividends and supports agriculture, SMEs, and the public sector. Its conservative risk profile and rural penetration reinforce its long-term value to Kenya’s economy.
   
   
   
4. NCBA Bank Kenya PLC
   Total Assets– KSh 689 billion ($5.32 billion)
   NCBA was formed through the merger of NIC and CBA, bringing digital-first banking to the fore. A listed firm, it is a major player in digital loans through M-Shwari. NCBA underpins consumer credit access and contributes significantly to fintech evolution in Kenya.
   
   
   
5. Diamond Trust Bank Kenya Ltd
   Total Assets– Ksh573.89 billion ($4.43 billion)
   DTB is a key regional player with a strong corporate and SME banking arm. Its steady growth and conservative approach provide NSE investors with long-term value. It helps facilitate trade finance across East Africa and supports cross-border banking integration.
   
   
   
6. Absa Bank Kenya PLC
   Total Assets– Ksh506.48 billion ($3.91 billion)
   A legacy brand rebranded from Barclays, Absa offers deep capital markets expertise. It’s a top NSE counter and supports corporate finance and government securities trading. The bank drives capital formation and helps deepen Kenya’s fixed-income and equity markets.
   
   
   
7. Stanbic Bank Kenya Ltd
   Total Assets– KSh 454.8 billion ($3.51 billion)
   Part of the Standard Bank Group, Stanbic is known for its investment banking services. Though not listed, it is a key bond market participant and supports large-scale corporate finance, syndications, and cross-border transactions in East Africa.
   
   
   
8. I&M Bank Ltd
   Total Assets– Ksh405.61 billion ($3.13 billion)
   I&M Group Holdings, listed on the NSE, is a mid-tier powerhouse with a strong regional footprint. Its acquisition-driven growth and focus on corporate and high-net-worth clients support capital raising, innovation, and portfolio diversification on the exchange.
   
   
   
9. Standard Chartered Bank Kenya Ltd
   Total Assets– Ksh384.6 billion ($2.97 billion)
   One of the oldest foreign banks in Kenya, Standard Chartered is listed on the NSE and specializes in trade finance and wealth management. It anchors investor confidence and plays a strong role in foreign direct investment and corporate advisory.
   
   
   
10. Citibank N.A. Kenya
    Total Assets– Ksh171.8 billion ($1.33 billion)
    While not listed on the NSE, Citibank is a key player in corporate banking, serving multinationals and government agencies. It drives foreign exchange liquidity and supports public-private partnerships, infrastructure finance, and sovereign advisory services vital to Kenya’s economic stability.