List of Tier 3 Banks in Kenya: Small Banks with Market Share and Assets

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:

1. HFC Limited
   Total Net Assets: Ksh 59,145,971
   Market Size Index: 0.8%
2. Victoria Commercial Bank Plc
   Total Net Assets: Ksh 59,200,750
   Market Size Index: 0.7%
3. Bank of Africa Ltd
   Total Net Assets: Ksh 51,723,886
   Market Size Index: 0.6%
4. Gulf African Bank Limited
   Total Net Assets: Ksh 42,125,681
   Market Size Index: 0.6%
5. Guaranty Trust Bank (Kenya) Limited
   Total Net Assets: Ksh 30,112,267
   Market Size Index: 0.6%
6. ABC African Banking Corporation Ltd
   Total Net Assets: Ksh 41,775,949
   Market Size Index: 0.5%
7. Sidian Bank Ltd
   Total Net Assets: Ksh 44,738,527
   Market Size Index: 0.5%
8. Habib Bank AG Zurich
   Total Net Assets: Ksh 36,125,057
   Market Size Index: 0.4%
9. DIB Bank Kenya Ltd
   Total Net Assets: Ksh 26,489,664
   Market Size Index: 0.4%
10. UBA Kenya Bank Ltd
    Total Net Assets: Ksh 31,209,553
    Market Size Index: 0.4%
11. Premier Bank Kenya Ltd
    Total Net Assets: Ksh 23,304,561
    Market Size Index: 0.3%
12. Credit Bank PLC
    Total Net Assets: Ksh 25,721,643
    Market Size Index: 0.3%
13. CIB Kenya Bank Limited
    Total Net Assets: Ksh 17,543,453
    Market Size Index: 0.3%
14. Kingdom Bank Kenya Limited
    Total Net Assets: Ksh 36,720,398
    Market Size Index: 0.3%
15. Development Bank of Kenya Ltd
    Total Net Assets: Ksh 18,840,315
    Market Size Index: 0.3%
16. Guardian Bank Limited
    Total Net Assets: Ksh 15,853,010
    Market Size Index: 0.3%
17. M-Oriental Bank Kenya Ltd
    Total Net Assets: Ksh 13,859,858
    Market Size Index: 0.2%
18. Middle East Bank (K) Ltd
    Total Net Assets: Ksh 18,848,303
    Market Size Index: 0.2%
19. Paramount Bank Ltd
    Total Net Assets: Ksh 15,439,383
    Market Size Index: 0.2%
20. Access Bank (Kenya) PLC
    Total Net Assets: Ksh 17,119,500
    Market Size Index: 0.2%
21. Consolidated Bank of Kenya Limited
    Total Net Assets: Ksh 15,209,512
    Market Size Index: 0.2%
22. Spire Bank Limited
    Total Net Assets: Ksh 2,882,182
    Market Size Index: 0.1%