Name: DUBAI BANK KENYA
Item: DUBAI BANK KENYA
Author: Admin

Dubai Bank Kenya (DBK), whose complete name is Dubai Bank Kenya Limited, but is often referred to as Dubai Bank, was a commercial bank in Kenya, the largest economy in the East African Community. It was licensed by the Central Bank of Kenya, the central bank and national banking regulator. The institution is not affiliated with Dubai Bank of United Arab Emirates or with that bank’s parent company, Dubai Banking Group.
The bank was established in 1982, originally as a branch of Bank of Oman. The assets and liabilities of the bank were subsequently acquired by Mashreq Bank Plc. In 2000, those assets and liabilities were acquired by the present shareholders, who rebranded the institution to Dubai Bank Kenya Limited.[
DBK was a small bank in Kenya. As of December 2013, the bank’s total assets were valued at about US$34.4 million (KES:2.92 billion). As of December 2013, the bank was ranked number forty-three, by assets, out of forty-three licensed commercial banks in Kenya. In August 2015, the bank was placed under receivership by the Central Bank of Kenya.

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DUBAI BANK KENYA

DUBAI BANK KENYA

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