Citibank Kenya

Citibank N.A. Kenya
TypeBranch of Citibank N.A.
IndustryBanking
Founded1974; 52 years ago (1974)
HeadquartersUpper Hill,
Nairobi
,
Kenya
ProductsCorporate and institutional banking
RevenueDecrease KES 13.2 million (2025)
Decrease KES 5.6 million (2025)
Total assetsDecrease KES 196.5 million (2025)
Number of employees
Increase 203 (2025)
ParentCitigroup
WebsiteHomepage

Citibank N.A. Kenya is the Kenyan branch of Citibank N.A., the banking subsidiary of the United States-based Citigroup. Is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya, the country's central bank and national banking regulator. The bank offers corporate banking, investment banking, treasury, trade finance and cash management services.

Overview

Citi, then known as First National City Bank, was granted a banking licensed by the CBK on 1 July 1974. The bank has concentrated on corporate and institutional clients rather than retail customers. In the 1980s it financed enterprises including Panafrican Paper Mills and increased its capital to comply with Kenyan banking regulations. It opened a branch in Mombasa in 1989.

In the 1990s it introduced interest-bearing current accounts and bearer certificates of deposit, developed a clearing system for airline ticket sales and in 1996 led the US$50 million privatization financing of Kenya Airways.

In 2001 it took over the Kenyan operations of ABN AMRO making it the Kenya's fourth-largest bank as a result.

The bank has historically operated from Nairobi and Mombasa. In August 2026, Citibank announced that its Mombasa branch would close with effect from 30 November 2026. The bank stated that it would consolidate its physical operations at its Nairobi headquarters and that it had received the required regulatory approvals.

See also

References

  1. ↑ "Citibank NA (Kenya Branches) - Annual Report and Financial Statements for Year ended 31 December 2025" (PDF). 31 December 2025. Retrieved 13 October 2026.
  2. 1 2 3 "Citibank N.A. Kenya, Branches, Locations and Contacts". Achi Systems. 6 September 2025. Retrieved 13 October 2026.
  3. 1 2 3 "Citi in Kenya: 50 Years of Financial Innovation and Economic Partnership". Think Business Africa. Retrieved 13 October 2026.
  4. ↑ "Directory of Licenced Commercial Banks, Mortgage Finance Institutions and Authorised Non-Operating Bank Holding Companies" (PDF). Central Bank of Kenya. Retrieved 13 October 2026.
  5. ↑ "List of Mergers between Licenced Commercial Banks and Non-Bank Financial Institutions" (PDF). Central Bank of Kenya. July 2023. Retrieved 13 October 2026.
  6. ↑ ABN Amro Bank NV v Kenya Revenue Authority (Court of Appeal at Nairobi 9 June 2017), Text.
  7. ↑ Rotich, Kevin (26 August 2026). "Citibank to close Mombasa branch after 30 years". Capital FM.