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Imperial Bank Limited

Imperial Bank Kenya
Type Private
Industry Financial Services
Founded 1993
Headquarters Nairobi, Kenya
Key people Alnashir Popat
Abdulmalek Janmohamed
Managing Director & CEO
Products Loans, Checking, Savings, Investments, Debit Cards
Revenue IncreaseAftertax:US$21.453 million (KES:1.854 billion) (2013)
Total assets US$497.7 million (KES:43 billion) (2013)
Website Homepage

Imperial Bank Limited, commonly known as Imperial Bank, is a commercial bank in Kenya, the largest economy in East Africa. It is one of the forty-three commercial banks licensed by the Central Bank of Kenya (CBK), the central bank and national banking regulator.[1]


  • Overview 1
  • History 2
  • Subsidiaries and Investments 3
  • Ownership 4
  • Branch network 5
  • Governance 6
  • See also 7
  • References 8
  • External links 9


The bank is a medium-sized retail bank that caters to both individuals and corporate clients. As of December 2013, the bank's total asset base was valued at about US$498 million (KES:43 billion), with shareholders equity of approximately US$66.2 million (KES:5.719 billion).[2] At that time, Imperial Bank Limited was ranked the 19th largest Kenyan commercial bank, by assets, out of forty-three licensed banks in the country.[3]


Imperial Bank Limited was established in 1992 as a Finance and Securities Company. In 1996, the bank commenced commercial banking services, following the issuance of a banking license by the Central Bank of Kenya.[4] In January 2011, the bank, in partnership with Mukwano Group, a Ugandan business and manufacturing conglomerate, opened a subsidiary, Imperial Bank Uganda, with headquarters at 6 Hannington Road, on Nakasero Hill, in the center of Kampala's central business district.[5]

Subsidiaries and Investments

The companies that comprise the Imperial Bank include the following:[6]

  1. Imperial Bank Limited - Retail bankingRetail banking- Nairobi, Kenya - 100% Shareholding - A commercial bank in Kenya, serving individuals and businesses, focusing mainly on large corporations. This is the flagship company of the group.
  2. Imperial Bank (Uganda) Limited - Retail banking - Kampala, Uganda - 63.5% Shareholding - A commercial bank in Uganda.


The stock of the bank is privately held. The detailed shareholding in Imperial Bank Limited is as follows:[7]

Shareholder Percentage held Notes
Imaran Investments Limited 14.0% Alnashir Popat, the Chairman, has a 50% interest in this company.
Abdumal Investments Limited 14.0% Anwar Hajee, Director, has a 50% interest in this company
Janco Investments Limited 13.5% Abdulmalek Janmohamed, the Managing Director, has a 50% interest in this company
Rex Motors Limited 12.5%
Kenblest Limed 12.5% Jinit Shah, Director, has a 50% interest in this company
Momentum Holdings Limited 12.5% Mukesh Kumar Patel, Director, has a 50% interest in this company
EA Motor Industries Limited 11.0% Vishnu Dhutia, Director, has a 50% interest in this company
Reynolds & Company Limited 10.0% Hanif Mohamed Amirali Somji, Director, has a 50% interest in this company

Branch network

As of August 2014, the bank maintained a network of branches at the following locations:[8]

  1. Head Office - Imperial Court, Westlands Road, Westlands, Nairobi
  2. Westlands Branch - Imperial Court, Westlands Road, Westlands, Nairobi
  3. Upper Hill Branch - Bunyala Road, Upper Hill, Nairobi
  4. IPS Branch - IPS Building, 8th Floor, Kimathi Street, Nairobi
  5. Parklands Branch - Regal Plaza, Ground Floor, Limuru Road, 6th Avenue, Parklands, Nairobi
  6. Card Centre - Regal Plaza, Ground Floor, Limuru Road, Parklands, Nairobi
  7. Highridge Branch - Masari Road, Parklands, Nairobi
  8. Mombasa Branch - Imperial Bank Building, Kaunda Avenue, Mombasa
  9. Diani Branch - Beach Road Next to Collier Centre, Diani
  10. Karen Branch - 1st Floor, Cross Roads Mall, Karen, Nairobi
  11. Malindi Branch - Galana Centre, Lamu Road, Malindi
  12. Watamu Branch - Tourist Road, Watamu
  13. Thika Branch - Pushpa Plaza, Nkrumah Road, Thika
  14. Eldoret Branch I - Imperial Court, Nairobi Road, Eldoret
  15. Kilifi Branch - Kilifi Arcade, Biashara Street, Kilifi
  16. Industrial Area Branch - Bamburi Road, off Enterprise Road, Nairobi
  17. Village Market Branch - Village Market, Limuru Road, Gigiri
  18. Riverside Branch - Riverside Green Suite, 1st Floor, Riverside Drive, Nairobi
  19. Likoni Branch - Nova Holdings Complex, Nyerere Avenue, Mombasa
  20. Haile Selassie Branch - Blueroom Building, Haile Selassie Road, Mombasa
  21. Bamburi Branch - City Mall, 1st Floor, Bamburi, Mombasa
  22. Changamwe Branch - Rhino Properties Refinery Place, Mombasa
  23. Junction Branch - Junction Mall, Fourth Floor, Ngong Road, Nairobi
  24. Nakuru Branch - Ground Floor, Westside Mall, Nakuru
  25. Greenspan Branch - Manyanja Road, Off Outering Road, Nairobi
  26. Eldoret Branch II - Laboso House, Kenyatta Street, Eldoret
  27. Nyali Cinemax Branch - Nyali Cinemax, Mombasa.


Alnashir Popat, a non-executive director of the bank, serves as the Chairman of the seven-member board of directors. Abdulmalek Janmohamed is the chief executive officer of Imperial Bank Limited.[9]

See also


  1. ^ CBK, . "Directory of Commercial Banks And Mortgage Finance Companies" (PDF).  
  2. ^ IBKL, . (2014). "Audited 31 December 2013 Financial Statement" (PDF). Imperial Bank Kenya Limited (IBKL). Retrieved 7 August 2014. 
  3. ^ Bankalele, . (28 April 2014). "Kenya Bank Rankings By Assets In 2013". Bankelele.Co.Ke. Retrieved 7 August 2014. 
  4. ^ IBKL, . "The History of Imperial Bank Limited". Imperial Bank Kenya Limited (IBKL). Retrieved 7 August 2014. 
  5. ^ IBKL, . (January 2011). "Kenya's Imperial Bank Enters Uganda Market". WelcomeToKampala.Com. Retrieved 7 August 2014. 
  6. ^ "Imperial Bank Limited Annual Report and Financial Statements 2012". Imperial Bank Limited. December 31, 2012. p. 59. Retrieved October 8, 2014. 
  7. ^ IBKL, . (13 March 2013). "31 December 2012 Annual Report: Principal Shareholders" (PDF). Imperial Bank Kenya Limited (IBKL). Retrieved 7 August 2014. 
  8. ^ IBG, . "The Branch Network of Imperial Bank Kenya Limited". Imperial Bank Group (IBG) Copyright © 2014 Imperial Bank Group. Retrieved 7 August 2014. 
  9. ^ IBKL, . "Imperial Bank Kenya Limited: The Board of Directors". Imperial Bank Kenya Limited (IBKL). Retrieved 7 August 2014. 

External links

  • Website of Imperial Bank Limited
  • Website of Central Bank of Kenya
  • Imperial Bank’s Expansion Pays Off
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