Premier Bank Kenya Company Profile and Information

Premier Bank Kenya is a Kenyan bank that operates with a focus on providing financial services to individuals and businesses.

The bank was founded in 2005 and is headquartered in Nairobi, Kenya.

Premier Bank Kenya offers a range of banking products and services, including personal and business loans, savings accounts, and transactional services.

The bank has a network of branches and ATMs across Kenya, making it easily accessible to its customers.

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Premier Bank Kenya has a strong presence in the country's financial sector, with a network of branches and ATMs across the country.

The bank's ownership structure is unique, being a subsidiary of the National Bank of Kenya, which is a state-owned entity.

Premier Bank Kenya has a robust risk management framework in place, which includes credit risk management and liquidity risk management.

The bank's credit risk management framework is designed to minimize lending risks and ensure that loans are disbursed responsibly.

Premier Bank Kenya has a comprehensive IT infrastructure that supports its banking operations and provides a wide range of digital banking services to its customers.

The bank's mobile banking platform, which is accessible through various mobile networks, has been a game-changer in the Kenyan banking industry.

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Premier Bank Kenya has a solid foundation in its key roles.

The bank has a Board of Directors that oversees the management of the bank, ensuring that it operates within the law and in the best interest of its shareholders.

The bank's management team, led by the Managing Director, is responsible for the day-to-day operations and strategy of the bank.

The bank has a strong customer service culture, with a team dedicated to providing excellent service to its customers.

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The Risk and Compliance Officer plays a crucial role in ensuring the bank's operations are conducted in a safe and compliant manner.

This role requires developing and establishing systems, policies, and procedures to identify, control, manage, and measure enterprise-wide non-financial risk.

Key responsibilities include implementing systems to identify and control risk, ensuring compliance with regulatory guidelines, and conducting regular audits and reviews.

To be successful in this role, a candidate should have a Bachelor's Degree in Business or a finance-related field, and a minimum of three years of relevant work experience in the banking industry.

A Risk and Compliance Officer must have a thorough understanding of the bank's activities and be able to identify and mitigate potential risks.

Some of the key skills required for this role include:

A Risk and Compliance Officer is also responsible for managing incident reporting, follow-up on incidents, and ensuring audit and BCM compliance.

As a sales professional, I've had the opportunity to work with various teams, and I can attest that a strong Direct Sales Representative is crucial to driving business growth. Direct Sales Representatives are responsible for selling products and services, handling customer issues, and escalating when necessary.

To excel in this role, you'll need a Diploma in Sales & Marketing, or a bachelor's degree in Business Administration, Marketing, or Public Relations. Relevant work experience and professional sales qualifications are also a plus.

One of the key responsibilities of a Direct Sales Representative is to actively sell and cross-sell the Bank's products and services, targeting both new and existing customers. This involves persuading clients to open accounts with the Bank, following up on dormant or unfunded accounts, and maintaining and updating customer sales databases regularly.

To succeed in this role, you'll need to be a go-getter, enthusiastic, and results-oriented with excellent communication and social skills. You'll also need to have a sound knowledge of the Bank's products and services, as well as a high sense of professionalism, diplomacy, and patience.

Here are some key skills required for this role:

As a Direct Sales Representative, you'll be working in various locations, including Nairobi and the coastal regions. You'll need to be able to work without supervision, and have a clear focus on achieving business objectives and goals.

Premier Bank Kenya is a Kenyan bank that was established in 1993. It has a long history of providing financial services to its customers.

The bank is headquartered in Nairobi, Kenya's capital city. Premier Bank Kenya has a strong presence in the country, with branches located in major towns and cities.

Premier Bank Kenya offers a range of financial services, including personal and business banking, loans, and investments.

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As of December 2019, the bank's total assets were valued at about US$187.62 million.

The bank's shareholders' equity was around US$14 million at that time.

Customer deposits stood at US$161 million in December 2019.

The bank was ranked number 21 by assets out of 43 licensed banks in Kenya then.

Premier Bank was established in 2007 as First Community Bank (FCB) to operate according to Islamic Shari'ah law by private Muslim investors in Kuwait, Kenya, and Tanzania.

In 2008, the bank officially started operations in June after receiving a Kenyan commercial banking license the same year.

First Community Bank is the first Kenya-based fully fledged bank to operate according to the laws of Shari'ah.

Since the founding of First Community Bank, other Sharia compliant banks have also received commercial licenses from the Central Bank of Kenya, including Gulf African Bank (GAB), Dubai Islamic Bank (DIB), and several Islamic windows operating under conventional banks.

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