This is a complete list of all Tier 3 banks in Kenya, classified as small banks by the Central Bank of Kenya. The categorization of commercial banks into Tier 1, Tier 2, and Tier 3 is based on a weighted index that includes factors such as net assets, capital, reserves, customer deposits, and the number of loans and deposit accounts.
According to the 2023 Bank Supervision Annual Report from the Central Bank of Kenya, there are 22 commercial banks classified as Tier 3. These small banks collectively hold an 8.4% share of the market.
List of Tier 3 Banks in Kenya:
- HFC Limited
Total Net Assets: Ksh 59,145,971
Market Size Index: 0.8% - Victoria Commercial Bank Plc
Total Net Assets: Ksh 59,200,750
Market Size Index: 0.7% - Bank of Africa Ltd
Total Net Assets: Ksh 51,723,886
Market Size Index: 0.6% - Gulf African Bank Limited
Total Net Assets: Ksh 42,125,681
Market Size Index: 0.6% - Guaranty Trust Bank (Kenya) Limited
Total Net Assets: Ksh 30,112,267
Market Size Index: 0.6% - ABC African Banking Corporation Ltd
Total Net Assets: Ksh 41,775,949
Market Size Index: 0.5% - Sidian Bank Ltd
Total Net Assets: Ksh 44,738,527
Market Size Index: 0.5% - Habib Bank AG Zurich
Total Net Assets: Ksh 36,125,057
Market Size Index: 0.4% - DIB Bank Kenya Ltd
Total Net Assets: Ksh 26,489,664
Market Size Index: 0.4% - UBA Kenya Bank Ltd
Total Net Assets: Ksh 31,209,553
Market Size Index: 0.4% - Premier Bank Kenya Ltd
Total Net Assets: Ksh 23,304,561
Market Size Index: 0.3% - Credit Bank PLC
Total Net Assets: Ksh 25,721,643
Market Size Index: 0.3% - CIB Kenya Bank Limited
Total Net Assets: Ksh 17,543,453
Market Size Index: 0.3% - Kingdom Bank Kenya Limited
Total Net Assets: Ksh 36,720,398
Market Size Index: 0.3% - Development Bank of Kenya Ltd
Total Net Assets: Ksh 18,840,315
Market Size Index: 0.3% - Guardian Bank Limited
Total Net Assets: Ksh 15,853,010
Market Size Index: 0.3% - M-Oriental Bank Kenya Ltd
Total Net Assets: Ksh 13,859,858
Market Size Index: 0.2% - Middle East Bank (K) Ltd
Total Net Assets: Ksh 18,848,303
Market Size Index: 0.2% - Paramount Bank Ltd
Total Net Assets: Ksh 15,439,383
Market Size Index: 0.2% - Access Bank (Kenya) PLC
Total Net Assets: Ksh 17,119,500
Market Size Index: 0.2% - Consolidated Bank of Kenya Limited
Total Net Assets: Ksh 15,209,512
Market Size Index: 0.2% - Spire Bank Limited
Total Net Assets: Ksh 2,882,182
Market Size Index: 0.1%
