Any financial institution or bank plays a great role in the development and upliftment of the people. It not only helps the people by giving them financial support but also helps the country grow and make a place for itself in the world. A proper banking system and its good policies will help people take out loans and mortgages for their own development and growth. As they return the money with interest, the economy of that country will run smooth and the overall development of the country will seem easier.

Credit Bank is one of the highly renowned commercial banks in Kenya. The national banking regulator of Kenya, the Central Bank of Kenya, has given them the license of commercial banking. A large number of people have opened their accounts in Credit Bank and are satisfied by the services provided by them.

History of Credit Bank
Originally, the Credit Bank was founded in the year 1986. It was considered as a non-bank financial institution or NBFI and was named Credit Kenya Limited. However, in the year 1995, this financial institution received the commercial banking license and came to be known as Credit Bank Limited.

Branch location of Credit Bank, Kenya
Credit Bank has opened its branches in different parts of Kenya in order to serve people better. Some of the important branch locations of this bank are as follows:

- Main Branch - Mercantile House, Koinange Street, Nairobi
- Industrial Area Branch - Butere Road, Nairobi
- Kisumu Branch - Oginga Odinga Road, Swan Centre, Kisumu
- Kisii Branch - Hospital Road, Kisii

Apart from this, Credit Bank also has one of its branches at Nakuru (in Giddo Plaza, Eldoret-Nakuru Highway, Nakuru). Also, its Westland Branch is located at the Empress Office Suite, Ring Road, Parklands.

Ownership of Credit Bank, Kenya
It should be noted that the stock shares of Credit Bank are privately owned. Most importantly, this bank does not disclose the ownership details of the stocks publicly. As a result, nothing much is known about the detailed ownership of the bank.

Overview of Credit Bank of Kenya
Kenya is considered to be one of the largest economies in East Africa. Credit Bank is a small sized commercial bank of the country. Before the year 2010, the bank mainly focused on attracting bigger corporations and rich businessmen to keep money with them. However, since September, 2010, the bank changed its policy and strategy. Henceforth, they got a makeover and changed itself to a retail bank. Once they became a retail bank, they started serving people from different strata of the society as well as their businesses. As per the data available, till December 2011, the total asset of Credit Bank was valued at around US$63.3 million (KES: 5.4 billion). Apart from this, the equity of the shareholders' was estimated at US$11.6 million (KES: 958 million). It should be noted here that the bank has tried to raise the shareholders' capital to US$18 million (KES: 1.5 billion), in the end of 2012.

So, if you’re a Kenyan citizen and looking forward to keep you money at a safe place, then you can opt for Credit Bank! For More Visit : http://www.familycreditzone.com/family-credit-bank.html