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Banks

ABC BANK

BY Steve Biko · April 2, 2012 06:04 am

In 1984, a group of experienced professional Bankers, Industrialist, and prominent Advocates committed to start a Financial Institution in the name of Consolidated Finance Company, which was established on 13 th November, 1984 with its registered office in Nairobi, Kenya. The growth of Consolidated Finance Company was modest but progressive over the first nine years. In 1994, the results were so impressive that Consolidated Finance Company became one of the leading Financial Institutions in the country. In the same year when Central Bank of Kenya allowed Financial Institutions to convert into fully fledged Commercial Banks, Consolidated Finance Company became the first Financial Institution to become a commercial bank ‘ the African Banking Corporation Limited (ABC Bank), officially opening its doors in January 1995.

ABC Bank today has a wide network of seven Branches; 3 in Nairobi , and one branch each in Mombasa , Kisumu, Eldoret and Meru, and team of over 120 qualified and professional bankers. The bank is fully geared to meet changing financial needs of both local and international markets. ABC Bank celebrates its 20 th anniversary in 2005.The bank has drawn some realistic and achievable plans for future growth to see it become one of the most innovative private banks regionally, with solid footing, adhering to international best practice with controls for consistent and continuous growth. The bank has put in place the appropriate infrastructure for providing a wide range of domestic and international financial services.

Personal banking
ABC Bank has four investment accounts to choose from. Our investment accounts are developed for you to take advantage of our attractive higher interest rates based on market trends and hedge yourself against inflation and create wealth with competitive rates allowing flexibility depending on your needs and requirements. The longer you are prepared to wait on your investment, the more you will maximize your profits. Why not make your money work for you.

Types of Investment Accounts

* Term Deposit (interest paid on maturity)
* Term Deposit (Interest paid monthly)
* Recurring Deposits Account
* Flexi-Fixed Deposit Account

Business banking
The ABC Current Account is ideal for individual and businesses for their daily financial transactions as it offers the flexibility and convenience of unlimited cheque and cash transactions. As out customer, you will have the privilege to link your accounts in our books and to allow for a sweep facility that will manage your finances with us while you concentrate on your daily work.

Benefits:

* Personalised cheque book facility
* Access to overdraft (Conditions Apply)
* Sweeps allowed
* Unlimited deposits and withdrawals
* Discounted fees for banker’s cheques
* Free monthly statements sent automatically

24 hour banking

* Internet banking
* SMS banking
* ATM Service

Corporate banking

* Current Account (Kshs) – Corporate Banking
* Current Account (USD) – Corporate Banking
* Current Account (GBP) – Corporate Banking
* Current Account (Euro) – Corporate Banking
* Flexi Fixed (Under going repackaging) – Corporate Banking
* Salary processing – Corporate Banking
* DAUE – Corporate Banking

Contacts

Nairobi :
Head Office, Nairobi
Koinange Street
P.O. Box 45452 , 00100, Nairobi
Tel: (020) 2223922
Fax: (020) 2222437
E-mail: headoffice@abcthebank.comThis e-mail address is being protected from spambots. You need JavaScript enabled to view it

Industrial Area Branch , Nairobi
ABC Bank Building , Dar es Salaam Road
P.O. Box 18053 , 00500, Nairobi
Tel: (020) 559327, 558744, 652087, 351844
Fax: (020) 559288
E-mail: industrialarea@abcthebank.comThis e-mail address is being protected from spambots. You need JavaScript enabled to view it

Koinange Street Branch, Nairobi
P.O. Box 30359 , 00100, Nairobi
Tel: (020) 2223922, 251541
Fax: (020) 2222437
E-mail: koinange@abcthebank.comThis e-mail address is being protected from spambots. You need JavaScript enabled to view it

Westlands Branch , Nairobi
ABC Bank House, Woodvale Grove
P.O. Box 38610 , 00800, Nairobi
Tel: (020) 4447352, 4447353, 4442401
Fax: (020) 4447254
E-mail: westlands@abcthebank.com

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