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July 30th, 2016, 02:55 PM
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Join Date: Mar 2012
Re: Bob Bank Kenya

The bank os Baroda is located in Kenya. On a historic day the International Bank, Bank of Baroda is established on 14th December 1953.

Bank of Baroda, India started its glorious journey of its Overseas Operations on this day by opening a branch at Makadara Road, Mombasa in Kenya.

Bank of Baroda (Kenya) Ltd is the most Efficient Bank (1st Runners up)

Bank of Baroda (Kenya) Ltd is celebrating 60 years in Kenya (1953- 2013)

The subsidiary, Bank of Baroda (Kenya) Ltd was incorporated with 86.70% shareholding of the Bank of Baroda, India and 43 local shareholders constitute the remaining 13.3% on 21st January 1992.

The Bank of Baroda (Kenya) Ltd has an authorised Capital of Kenya Shillings (Kshs.) 2,000 million with subscribed and paid up capitals of Kshs As on 31st December 2012. 900 million respectively.

Bank of Baroda, India is contributing a capital of Kshs. 858 million.

Parameters Sector Year ended 2010 Year ended 2011 Year ended 2012
Deposits Banking Sector 1,263.70 1,541.80 1,761.10
Bank of Baroda (K) Ltd 25.6 30.26 38.38
Market share of “Baroda” 2.00% 2.00% 2.20%

Directors:

DR. Winifred Nyambura Karugu
MR. B.B. Joshi
MR. Rajiv Shripad Abhyankar
MR. Patrick Kariuki Njoroge
MR. Vivek Hari Thatte
MR. Philip Burh
MR. Vikram Chhotelal Kanji


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