Market share of major commercial banks in Kenya 2023
KCB Bank Kenya had a market share of just over 14 percent in the Kenyan banking industry as of 2023. It was the largest financial institution in the country, considering net assets, customer deposits, capital and reserves, number of deposit accounts, and number of loan accounts. The Co-operative Bank of Kenya and Equity Bank followed, each with a market share of almost 11 percent and just over 10 percent, respectively. Nine commercial banks in the country had a market share of over five percent and belonged to the group of the largest institutions. Altogether, they had a market share of around 75 percent of the Kenyan bank industry.
