AfricInvest and Catalyst Principal Partners have invested in Prime Bank Limited to enhance its growth and innovation in the Kenyan banking sector.

Target Information

Prime Bank Limited, a prominent financial institution in Kenya, has established itself as a key player in providing a diverse range of banking services tailor-made for both individual and commercial clients. The bank is recognized for its innovative financial products and its commitment to customer satisfaction, which has helped it maintain a strong reputation in the competitive banking sector.

Having developed a substantial customer base and a network of branches across the country, Prime Bank continues to expand its offerings to meet the evolving needs of the Kenyan market. The investment from AfricInvest and Catalyst signals confidence in the bank's strategic direction and growth potential.

Industry Overview

The banking industry in Kenya has experienced significant growth over the past decade, driven largely by advancements in technology and a surge in mobile banking. The market has wit