Diamond Trust Bank Group


Diamond Trust Bank Group
Not to be confused with Diamond Bank of Nigeria.
Diamond Trust Bank Group
Type Public: NSE: DTK
Industry Banking
Founded 1945
Headquarters 8th Floor, Nation Centre, Kimathi Street, Nairobi, Kenya
Key people Abdul Samji, Chairman
Nasim Devji, Group CEO
Products Banks, mortgages investments
Revenue increase Aftertax:US$29.5+ million (KES:2.5 billion) (2010)
Total assets US$992.2+ million (KES:84 billion) (2010)
Website Homepage

Diamond Trust Bank Group (DTB Group) is a major banking group in East Africa, active in Burundi, Kenya, Tanzania, Uganda and Rwanda.

Contents

Overview

The flagship of the Group is Diamond Trust Bank (Kenya), which was founded in 1946. The Group is ranked the 7th largest commercial bank in Kenya.[1] The Group is affiliated with the Habib Bank of the Aga Khan Fund for Economic Development and the International Finance Corporation of the World Bank. The Group main offices are located in Nairobi, Kenya.[2][3] The shares of the banking group are listed on the Nairobi Stock Exchange (NSE) and trade under the symbol: DTK. As of December 2010, DTB Group total assets were valued at about US$992.2 million (KES:84 billion).[4]

Principal subsidiaries

  • Diamond Trust Bank (Burundi)
  • Diamond Trust Bank (Kenya)
  • Diamond Trust Bank (Rwanda)
  • Diamond Trust Bank (Tanzania)
  • Diamond Trust Bank (Uganda)

Ownership

The owners of DTB Group include:

Branch network

As of December 2010 DTB Group maintains a total of sixty-four (64) bank branches in the East African countries where it has operations, with thirty-two (32) in Kenya, eighteen (18) in Uganda, twelve (12) in Tanzania and two (2) in Burundi. The Group plans to expand the branch network to a total of over one hundred branches (100) within the next three (3) years.[6]

External links

See also

References


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