Ecobank Transnational Incorporated (ETI) acquired 75% of EABS Bank on the 16th of June 2008, and the bank consequently changed its name to Ecobank Kenya Limited. ETI subsequently increased its shareholding in the bank which is currently at 100% as at 31st December, 2016.
Ecobank Kenya (EKE) had an asset base of Kes 54.5 billion as at 31st December 2018. The bank currently has 18 branches and over 30 ATMs located in different parts of the country. Ecobank has laid great emphasis on digital banking as a means of achieving greater financial inclusion across Africa and also to deliver services in a more efficient and cost effective manner. In 2017, Ecobank Group was named the “Best Digital Bank in Africa 2017” at the Euromoney Awards. This attests to its focus on digital platforms as a key driver of its business.
Ecobank Kenya is licensed and regulated by the Central Bank of Kenya (CBK).