Bank of India (Kenya)


Bank of India is a commercial bank in Kenya. It is one of the commercial banks licensed by the Central Bank of Kenya, the national banking regulator.
, BOIK is a medium-sized financial services provider in Kenya. Its total assets were valued at approximately US$541 million.

History

BOIK received its banking license on 6 May 1953. Its first office opened in Mombasa, the same year. In 1954 it opened its first branch in Nairobi, in the Heritage Building. It plans to increase its footprint to eight branches before 1 July 2015.

Bank of India Group

By virtue of its shareholding, BOIK is a member of the Bank of India Group, a financial services conglomerate whose shares are listed on the Bombay Stock Exchange. The stock of BOIG is 65.9 percent owned by the Government of India and is one of the five largest banks in India, with over 4,000 branches and over 1,650 automated teller machines. The member companies of BOIG include, but are not limited to, the following:
BOIK maintains branches at the following locations:
  1. Kenyatta Avenue Branch - Bank of India Building, Kenyatta Avenue, Nairobi
  2. Industrial Area Branch - Unit 1D, Block D, Sameer Industrial Park, Nairobi-Mombasa Road, Nairobi
  3. Mombasa Branch - Bank of India Building, Nkrumah Road, Mombasa
  4. Westlands Branch - Progressive Park Towers, Westlands, Nairobi
  5. Kisumu Branch - First Floor, Tuffoam Plaza, Jomo Kenyatta Highway, Kisumu
  6. Eldoret Branch - Tarita Centre, Ronald Ngala Street, Eldoret
  7. Nakuru Branch - Nakuru
  8. Thika Branch - Thika