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Home » Development Bank of Kenya Ltd (DBK)

Development Bank of Kenya Ltd (DBK)

NyongesaSande News Desk by NyongesaSande News Desk
2 years ago
in Finance
Reading Time: 3 mins read
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Development Bank of Kenya Branch Codes

Since its establishment in 1963, Development Bank of Kenya Ltd (DBK) has played a pivotal role in reshaping the financial services landscape in Kenya. Initially founded as a non-banking financial institution, DBK’s primary mission was to promote and develop commercially viable projects within the country. The bank commenced its financing operations in 1964, focusing on investment across a broad range of sectors, including agriculture, manufacturing, construction, communication, and tourism. As a Development Financial Institution (DFI) for three decades, DBK’s investment strategy emphasized commercial viability and developmental value, prioritizing local entrepreneurship, economic stimulation, foreign exchange generation, the use of local raw materials, job creation, and the efficient application of both local and foreign expertise.

  • Core Values
    • Products
  • Corresponding Banks

Throughout its history, DBK has consistently pushed the boundaries of financial services, advising clients on strategic projects, pioneering the expansion of the local economy, and creating new opportunities for both individual and institutional investors.

Core Values

In line with its vision and mission, Development Bank of Kenya Ltd upholds the following core values:

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  • Customer Centric: “The customer is at the core of our service delivery.”
  • Diversity: “We shall create a work environment that promotes equality, an inclusive and flexible culture.”
  • Teamwork: “We shall foster collaborative efforts to achieve common goals in the most effective and efficient ways.”
  • Integrity: “We purpose to uphold strong ethical and moral principles.”

Products

  • Personal Banking
  • Business Banking
  • Institutional Banking
  • Loans
  • Foreign Exchange
  • 16th Floor, Finance House
  • Loita Street
  • P.O.Box 30483-00100
  • Nairobi, Kenya
  • Email: [email protected]
  • Working Hours: 9.00 am to 3.00pm

Corresponding Banks

Development Bank of Kenya Ltd collaborates with several international banks to facilitate its global banking operations. Below is a list of its corresponding banks:

  • Standard Chartered Bank
    One Madison Avenue
    New York, 10010-3603
    USA
  • Nedbank
    P.O. Box 1144
    Johannesburg 2000, GTG
    South Africa
  • Standard Chartered Bank
    Citicorp Ctr
    1 Basinghall Avenue
    London EC2V 5DD
    Tel: +44(020)7885 8888
  • Standard Chartered Bank
    90 Matatma Gandhi Road
    Bandra-Kurla Complex
    Mumbai, India 400 001
    Tel: +91 22 226 70162
  • BHF Bank
    Bockenheimer Landstrasse 10
    D-60323
    Frankfurt am Main
    Germany
    Tel: +49 69 7180
    Fax: +49 69 7182296
    TLX: 411 026 bhf d
    SWIFT/BIC: BHFBDEFF
  • Bank of Communications China
    188 Yin Cheng Zhong Road
    Shanghai 200120
    China
    Tel: +86 21 58408478
Tags: corresponding bankscustomer-centric bankingDBKDevelopment Bank of KenyaDevelopment Financial Institutionfinancial services in Kenyaglobal banking partnersKenya banking historylocal entrepreneurship
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