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F r o m W i k i p e d i a , t h e f r e e e n c y c l o p e d i a
As of December 2013[update] , the total asset base of Giro Commercial Bank was valued at approximately KSh.13.623 billion/= (US$157.67 million), with shareholders' equity of approximately KSh.2.086 billion/= (US$24.15 million). Then, the bank held KSh.11.457 billion (US$132.6 million), in customer deposits.[3] At that time, the bank was ranked number 29 out of 43 licensed banks in Kenya.[4]
History [ edit ]
The bank was established as Giro Bank Limited in 1992. In 1998, Giro Bank merged with Commercial Bank Limited , to form Giro Commercial Bank Limited .[5] [6] The stock of the bank is privately owned by individuals and institutions.
On September 7, 2015, I&M Holdings announced the acquisition of Giro Commercial Bank.[7] The acquisition was finalized in March 2017 and the operations of Giro Commercial Bank were merged to that of I&M Bank Kenya .[1]
Branch network [ edit ]
As of August 2014[update] , the bank operated a network of branches at the following locations:[8]
Head Office - Giro House, Eldama Park, Nairobi
Banda Street Branch - Hughes Building, Banda Street, Nairobi
Industrial Area Branch - Dunga Road, Industrial Area, Nairobi
Kisumu Branch - Giro House, Oginga Odinga Road, Kisumu
Mombasa Branch - Pan Africa House, Moi Avenue, Mombasa
Parklands Branch - 3rd Parklands Avenue, Ridge Court, Parklands , Nairobi
Westlands Branch - Bandari Plaza, Woodvale Grove, Westlands , Nairobi .
See also [ edit ]
References [ edit ]
^ "Directory of Commercial Banks And Mortgage Finance Companies" (PDF) . Central Bank of Kenya . Retrieved 8 August 2014 .
^ "Audited 31 December 2013 Annual Report And Financial Statements" (PDF) . Central Bank of Kenya . Retrieved 8 August 2014 .
^ "Kenya Bank Rankings By Assets In 2013" . Bankelele.Co.Ke. 28 April 2014. Retrieved 9 August 2014 .
^ "Mergers And Acquisitions Among Kenyan Commercial Banks From 1989 Until 2010" . Central Bank of Kenya . Archived from the original on 18 July 2014. Retrieved 8 August 2014 .
^ "The History of Giro Commercial Bank" . Giro Commercial Bank. Retrieved 9 August 2014 .
^ Mwaniki, Charles (2015-09-07). "I&M Holdings in deal to acquire Giro Bank" . Business Daily Africa . Nation Media Group . Retrieved 2015-09-07 .
^ "The Branches of Giro Commercial Bank Limited" . Giro Commercial Bank Limited. Retrieved 9 August 2014 .
External links [ edit ]
R e t r i e v e d f r o m " https://en.wikipedia.org/w/index.php?title=Giro_Commercial_Bank&oldid=1213740390 "
C a t e g o r i e s :
● D e f u n c t b a n k s o f K e n y a
● B a n k s e s t a b l i s h e d i n 1 9 9 2
● C o m p a n i e s b a s e d i n N a i r o b i
● K e n y a n c o m p a n i e s e s t a b l i s h e d i n 1 9 9 2
H i d d e n c a t e g o r i e s :
● A r t i c l e s c o n t a i n i n g p o t e n t i a l l y d a t e d s t a t e m e n t s f r o m D e c e m b e r 2 0 1 3
● A l l a r t i c l e s c o n t a i n i n g p o t e n t i a l l y d a t e d s t a t e m e n t s
● A r t i c l e s c o n t a i n i n g p o t e n t i a l l y d a t e d s t a t e m e n t s f r o m A u g u s t 2 0 1 4
● T h i s p a g e w a s l a s t e d i t e d o n 1 4 M a r c h 2 0 2 4 , a t 2 1 : 2 9 ( U T C ) .
● T e x t i s a v a i l a b l e u n d e r t h e C r e a t i v e C o m m o n s A t t r i b u t i o n - S h a r e A l i k e L i c e n s e 4 . 0 ;
a d d i t i o n a l t e r m s m a y a p p l y . B y u s i n g t h i s s i t e , y o u a g r e e t o t h e T e r m s o f U s e a n d P r i v a c y P o l i c y . W i k i p e d i a ® i s a r e g i s t e r e d t r a d e m a r k o f t h e W i k i m e d i a F o u n d a t i o n , I n c . , a n o n - p r o f i t o r g a n i z a t i o n .
● P r i v a c y p o l i c y
● A b o u t W i k i p e d i a
● D i s c l a i m e r s
● C o n t a c t W i k i p e d i a
● C o d e o f C o n d u c t
● D e v e l o p e r s
● S t a t i s t i c s
● C o o k i e s t a t e m e n t
● M o b i l e v i e w