Kenyans have adopted a prudent approach to financial management, prioritising savings over spending and borrowing, according to the Economic Survey 2023 released by the Kenya National Bureau of Statistics (KNBS). The report reveals that the savings deposit rate experienced a notable increase, rising from 2.55 per cent in December 2021 to 3.56 per cent in December 2022.
The FinAccess 2021 data on savings and financial literacy sheds light on the motivations behind this trend, indicating that the need to save is driven by a desire to plan for emergencies, cover day-to-day expenses, prepare for retirement, and fund educational pursuits.
To facilitate this savings culture, financial institutions such as Kingdom Bank, a subsidiary of the Co-operative Bank of Kenya, offers affordable and attractive saving solutions. Kingdom Bank provides smart, simple, and reliable options for customers seeking to diversify their investments through high-yielding investment opportunities.
From low bank opening charges to competitive interest rates, Kingdom Bank has crafted a range of offerings that cater specifically to the diverse requirements of its clientele. This dedication to tailoring services ensures that customers enjoy quality banking experiences coupled with the assurance of secure transactions.
Currently, Kingdom Bank is offering up to 15 per cent interest rates on deposits, providing an attractive incentive for individuals and businesses alike. This competitive advantage underscores the bank's commitment to fostering financial growth and prosperity within the community.
For those seeking to expand their financial horizons and increase their asset and liquidity base, Kingdom Bank presents a compelling proposition.
Kingdom Bank provides clarity and value. Whether you're a business owner, saver, farmer, or financial enthusiast, Kingdom Bank's offerings are tailored to meet your specific needs.
Opening an account with Kingdom Bank is a straightforward and transparent process, with affordable rates that ensure accessibility for all. With mobile and internet banking solutions readily available, customers can enjoy seamless access to their funds anytime, anywhere, providing peace of mind and financial security.
Interested applicants are encouraged to reach out directly to Kingdom Bank through their website, phone, or branch visit to embark on their financial growth journey.
If you are considering your savings options, Kingdom Bank offers fixed and call deposit solutions tailored to individual preferences and lifestyles. Whether you prefer the security of a fixed account or the flexibility of a call deposit, Kingdom Bank has the perfect solution to meet your needs.
Switch to stress-free banking, and switch to Kingdom Bank today.
How to Open a Kingdom Bank Account
You can open an account within the shortest time possible.
All you have to do is fill out this form and select a preferred account and you will be contacted shortly.
You can also visit any of the branches listed below countrywide.
Requirements vary depending on the account opened but include your National ID/Passport, KRA PIN, passport photo, and children’s birth certificate.
Call us on (+254) 0709881300 or visit any of our branches listed below:
Kingdom Bank Branches
- Head Office: Argwings Kodhek Road, Kilimani.
Ground floor.
- Gikomba Branch:Kombo Munyiri Road
Nafuu General Hardware Building, 1st Floor
- Koinange Branch: Winsor House, Ground Floor.
Muindi Mbingu Street, Next to Kingsways Tyres.
- Kayole Branch: Pinnacle Centre, Spine Road, Kayole
- Kawangware Branch: Mbugua Plaza, Naivasha Road,
Opp Precious Blood School Riruta
- Kirinyaga Road Branch: Bits House, 1st floor, Rover Road
- Kikuyu Branch: Red brick house, Opp PCEA Kikuyu Township
- Kiambu Branch: Githunguri Nyakinywa Women Group Building
- Kitengela Branch: Newton house,Opp Naivas Supermarket
- Kisii Branch: Along Kisii- Kisumu Road, Mocha Place, Opposite Quickmart Supermarket
- Kisumu branch: Jubilee House at the junction of Oginga Odinga and Angawa Street.
- Thika Branch: Thika Town Opposite Quickmart Supermarket
- Ongata Rongai Branch: Brisma Towers, Ground Floor, Opp. Tuskys Supermarket
- Utawala Branch: Mashariki Shopping Mall, Eastern bypass, Next to APTC College
- Wangige Branch: Wangige Shopping Centre, Walokana Petrol Station,
- Mombasa Branch: Khamisi Building, Opp Castle Hotel, Moi Avenue, Ground Floor
- Mtwapa Branch: Malindi Highway, Mtwapa – Bridge, Mzambarauni
- Nakuru Branch: Light House, Kenyatta Avenue, Next to Consolidated Bank
- Nyeri Branch: Nyeri Town, Frontline Building, Gakere Rd opposite Grand Batian Hotel
- Eldoret Branch: Kenyatta Street, Corner House Opposite School Depot,