Company Information

Get to know Jamii Bora Bank

Originally founded as a Charitable Trust, Jamii Bora Bank began its journey to empower the underserved in Kenya. It evolved into one of the country's leading microfinance institutions before obtaining a commercial banking license from the Central Bank of Kenya in 2010. The bank's mission was to provide accessible and affordable financial solutions, with a strong focus on SMEs, micro-entrepreneurs, and community-based groups. After facing financial challenges, the Co-operative Bank of Kenya acquired a 90% stake in the institution in August 2020. Following the acquisition, Jamii Bora Bank was officially rebranded to Kingdom Bank Limited and continues to operate as a subsidiary of the Co-op Bank Group.

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Jamii Bora Bank

Kenya

Founded in

1999 (27 Years)

Founded

Last online: No recent activity

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.