Development Bank of Kenya (DBK)
The bank is owned jointly by the Kenya Government
through ICDC, the Netherlands Overseas Finance Company (FMO),
Commonwealth Development Corporation (CDC), the German
Development Bank (DEG) and the International Finance
Corporation (IFC). The bank provides medium-term local
and foreign currency financing for projects in the
industrial, agro-processing, and tourism sectors.
Contact:
The General Manager,
Finance House, Loita Street
P O Box 30483, Nairobi
GPO, 00100, Kenya
Tel. (254)
(20)
34 04 01/2/3
Fax. (254)
(20)
338246
E-mail:
[email protected]
EADB was established in 1967 with its headquarters in
Kampala, Uganda. Its mandate and role were reviewed in
1980 and its operational scope expanded. The bank’s
shareholding is held primarily by the governments of
Kenya, Uganda and Tanzania. The EADB provides medium and
long-term loans designated in foreign currencies. EADB
finances projects and offers a broader range of finance
services in member states with a view to strengthening
regional economic cooperation.
Contact:
Resident Manager, EADB,
Bruce House, Standard Street,
P O Box 47685, Nairobi
GPO, 00100, Kenya.
Tel. (254) (20)
34 06 42
Fax. (254) (20)
21 66 51.
E-mail:
[email protected]
or
[email protected]
Website:
www.eadb.com
Eastern and Southern African Trade and Development Bank
(PTA Bank)
The PTA Bank was established in November 1985 to provide
financial and technical assistance to projects and trade
activities which have the potential of promoting
economic growth and integration in the COMESA
sub-region. The PTA Bank provides financial resources to
both public and private sector projects in
manufacturing, agro-industry, mining, infrastructure and
tourism.
Contact:
NSSF Building, 22nd
& 23rd Floors,
Bishops Road
P.O Box 48596, Nairobi
GPO, 00100, Kenya
Tel:
(254) (20) 71 22 50-(8 Lines)
Fax:
(254) (20) 71 15 10
E-mail:
[email protected]
Website:
www.ptabank.co.ke
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European Development Banks
A number of European development banks provide finance
to ventures in Kenya. They include the Netherlands
Overseas Finance Company (FMO), the Commonwealth
Development Corporation (CDC), the German Development
Bank (DEG), the Danish Development Bank (IFU), and the
Swedish Fund for Industrial Development of Africa (SFIDA).
Private insurance and pension funds are also important
mobilizers of long-term savings in Kenya. These
institutions normally invest their funds in real estate
and listed securities.
Industrial and Commercial Development Corporation (ICDC)
ICDC has been the Government’s main conduit for joint
venture investments and has made equity investments in
many industrial and commercial ventures along with local
and foreign partners. ICDC provides project and
commercial financing.
Industrial Development Bank (IDB)
IDB is a Government-funded institution. It provides
medium and long-term loan finance, direct equity
investment and guarantees for loans from other sources.
It also underwrites security issues, shares, stocks and
similar obligations. IDB now offers full banking
services.
Contact:
The Managing Director, IDB
National Bank Building, 18th Floor,
Harambee Avenue,
P O Box 44036 Nairobi,
GPO, 00100, Kenya
Tel.
(254) (20) 337079
/
221377 Fax.
(254) (20)
334594
E-mail:
[email protected] or
[email protected]
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International Finance Corporation (IFC)
IFC is an international organization, established in
1956 to further economic growth in the developing member
countries by promoting private sector development. IFC
is an affiliate of the World Bank and finances private
sector investment projects in agriculture, manufacturing
and tourism. IFC extends long-term loans and makes
equity investment in projects entailing investment of
more than US$ 20 million. It normally does not finance
more than 25 per cent of the project cost. The term
loans are generally made in foreign currencies. IFC also
manages the Africa Enterprise Fund which can support
projects with lower project costs.
Contact:
Resident Representative/Regional Office Director,
International Finance Corporation,
Hill Park Building,
4th Floor, Upper Hill Road, P O Box 30577,
Nairobi,
Tel.
(254) (20) 720467
/ 260300 / 260400,
Fax.
(254) (20) 263083
/ 717390
E-mail:
[email protected]
Website:
www.ifc.org
Industrial Promotion Services Ltd. (IPS)
IPS is a venture capital company owned by The Aga Khan,
IFC Washington, Kenya Commercial Bank, and a merchant
bank in the U.K. It offers equity investments of up to
40 per cent of the share capital, provides loans and
offers management assistance. IPS also assists in
project development and in locating sources of technical
know-how.
