As of October 2021, Kenya had about 2,360 Automated Teller Machines (ATMs) in operation. The ATM has saved many busy souls from tediously waiting for a bank teller to become […]
The aftermath of the Second War reverberated in a myriad of sectors including banking. British banks operating overseas started a series of mergers in order to […]
The Genesis of Co-operatives By the start of the 1930s, at least four banks had established firm foundations in the Kenyan market. Of these, only one […]
The East African Currency Board On 10th June 1965, Kenya’s first Minister of Finance, James Gichuru, announced during a budget speech that the government intended to […]
Peter Nyakiamo was once asked to describe the moment he was employed by Barclays Bank and three words came to mind: a beautiful accident. The year was 1963 and […]
A research trip into the archives that mention pioneer financial institutions reveals that the 1950s was the decade that defined the rise of banks in Kenya. […]