This is a list of all tier-1 banks in Kenya. Commercial banks in Kenya are categorized into three groups; Tier 1, Tier 2 and Tier 3. This is based on a weighted index of all their net assets, capital, and reserves, customer deposits, number of loans and deposit accounts. These banks are considered to be safe by CBK and control almost 50% of the Kenyan banking sector market share.
According to the Central Bank of Kenya, Tier 1 banks have a weighted index of five percent and above, Tier banks have an index of between one and five percent while Tier three banks have a weighted index of below 0 percent.
Below are the 9 tier-one banks in Kenya ranked according to market share. The market share data is obtained from the Central Bank Of Kenya Supervision Annual Report of 2023.
List of Tier 1 Banks In Kenya
| Bank | Market size index | |
| 1 | Kenya Commercial Bank (KCB)
Total Net Assets: Ksh 1,425,369,827 |
17.4 % |
| 2 | Equity Bank
Total Net Assets: Ksh 1,004,243,929 |
12.2 % |
| 3 | NCBA Bank
Total Net Assets: Ksh 661,743,852 |
9.2 % |
| 4 | Cooperative Bank
Total Net Assets: Ksh 624,254,621 |
8.8 % |
| 5 | Absa Bank
Total Net Assets: Ksh 520,301,038 |
6.6 % |
| 6 | Standard Chartered Bank
Total Net Assets: Ksh 429,278,578 |
5.9 % |
| 7 | Stanbic Bank Kenya
Total Net Assets: Ksh 449,614,899 |
5.8 % |
| 8 | Diamond Trust Bank Kenya Limited
Total Net Assets: Ksh 405,613,032 |
5.4 % |
| 9 | I&M Holdings
Total Net Assets: Ksh 399,615,631 |
5.3 % |
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