Prime Bank (Kenya)
Prime Bank Kenya is a commercial bank in Kenya, licensed and supervised by the Central Bank of Kenya, the central bank and national banking regulator.
The bank is a mid-sized retail bank that caters to both individuals and corporate clients., the bank's total asset base was valued at KES:77.998 Billion, with shareholders' equity of KES:14.672 Billion.
As at July 2018, Prime Bank was the 15th largest commercial bank in Kenya, out of a total of 39 lenders, based on total assets. At that time, the bank had 24,000 deposit accounts and 4,000 loan accounts, with a market share of 1.82 percent, according to data provided by CBK.
Subsidiaries
The bank investments include:- Prime Capital & Credit Limited – Based in Nairobi, Kenya is owned 100% by Prime Bank
- Tausi Assurance Company Ltd – 80.72% shareholding – An insurance company based in Kenya.
- FMBCapital Holdings Plc – 22.48% shareholding, 11.24% is held directly while 11.24% through PCCL. – A Mauritius based financial services holding company with subsidiaries in Botswana, Malawi, Mozambique, Zambia and Zimbabwe.
Branch network
Ownership
The stock of the bank is privately held., the bank's stock was owned by the following corporate entities and individuals:| Rank | Name of Owner | Percentage Ownership |
| 1 | AfricInvest and Catalyst Principal Partners | 24.20 |
| 2 | Other Investors | 21.34 |
| 3 | Prime Capital Limited | 14.36 |
| 4 | Jamson Limited | 8.02 |
| 5 | Crason Limited | 8.02 |
| 6 | Nason Limited | 8.02 |
| 7 | Prime Trustees | 8.02 |
| 8 | Capital Nominees | 8.02 |
| Total | 100.00 |