AfricInvest and Catalyst Principal Partners – leading private equity firms – are pleased to announce their investment in Prime Bank Limited through AfricInvest Azure, a special purpose vehicle formed by AfricInvest and Catalyst Fund II. Established in 1992 in Kenya, Prime Bank offers an array of corporate and SME banking services through its branch and …
AFRICINVEST AND CATALYST INVEST IN KENYA’S PRIME BANK Read More »
Prime Bank is once again at the forefront in revolutionizing the banking sector with the launch of its latest unique and innovative service – “Bank on Wheels”. Bank on Wheels is a comprehensive and secure banking experience which will offer banking services for to select customers at their convenience, through a specially designed truck. The …
Nairobi, 2nd April 2019. Prime Bank in conjunction with Sunrise Walkers Group, Lions Loresho Sight First Eye Hospital, Rotary Districts of Nairobi, M P Shah Hospital, and Parklands Sports Club have joined together in aid of Kenyans afflicted by starvation due to drought, by donating 500 metric tonnes of famine relief food. Under the umbrella …
PRIME BANK RESPONDS TO RED CROSS HUNGER AID APPEAL Read More »
Prime Bank has raised Sh1 billion ($10 million) through private placement to help it expand its loan book for lending to Small and Medium Enterprises in Kenya. Burbidge Capital acted as the arranger & placing agent and Coulson Harney as the legal advisors. During the signing, Managing Director Mr. Bharat Jani said the Bank raised …
Prime Bank has announced acquisition of Tausi Assurance Company Limited. The successful takeover will see Prime Bank gain 80.7per cent control of the insurance solutions provider. Commenting on the acquisition, Managing Director Mr. Bharat Jani noted that the strategic partnership will scale up to enable customers enjoy a wide range of insurance solutions through the …
Prime Bank through its partner First Merchant Bank Group ( FMB Group) successfully acquired 52 per cent majority shareholding in Afcarme Zimbabwe Holdings (Pvt) Limited, the holding company for Barclays Bank of Zimbabwe Limited (BBZ) from Barclays Bank PLC (BBPLC). The acquisition gives FMBCH in charge of the bank with Barclays Plc retaining 10% stake, …
Prime Bank staff underwent a three day fire marshal statutory training that took place in February 2015. The training was not only part of Government requirement in every work place, but also aimed to make the bank a safer working environment. The participants of the training were taken through a fire safety drill, relevant precautionary …
Prime Bank is pleased to announce that PROPARCO, the French Development Financial Institution (DFI), has extended the Bank credit facility of USD 15m (Kshs. 1.33 billion) to support long term funding to its clientele. The facility will enhance Prime Bank’s capacity to grant long term lending in both local and foreign currency . Created in …
Prime Bank and Tausi Assurance in partnership with Kings Collections sponsored a Charity Golf Tournament at the Vet Lab Sports Club on 24th February with the aim of raising funds to enable elderly patients receive free cataract operation. Through this project, over 18,000 free cataract operations have been undertaken in Kisumu, Kisii, Nyamira, Siaya, Migori, …
CHARITY GOLF DAY AT VET LAB AS GOLF CARD SERIES KICKS OFF AT NYANZA CLUB Read More »
Prime Bank sponsored the Parklands Sports Club Mini Marathon which was held on September 6th 2015. The event attracted over 400 elite runners, members of the club and general athletics fraternity with over 50 members of Prime Bank staff participating in the 6, 10 and 15 kilometers races. The Mini marathon under the theme ‘Running …
PRIME BANK SPONSORS PARKLANDS SPORTS CLUB MINI MARATHON Read More »
Pomp and Glamour at End Year Party The Bank held its end year party at the Hospital Hill school grounds on 19th December. The Prime Bank Annual Christmas Party is one of our most anticipated events on the calendar of the bank. And in 2015, it did not disappoint. It was an electrifying day as …
Executive Director Mr. Amar Kantaria and Managing Director Mr. Bharat Jani with members of staff who were rewarded with mobile phones for their long service to the Bank. Assistant General Manager, Credit Mr. Ranganathan (left), present an appreciation plaque to Chief Manager Ms. Hasu Silveira. Mombasa branch emerged second runner-up in best branch category during …
