Kenya Post Office Savings Bank
Savings bank in Kenya / From Wikipedia, the free encyclopedia
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Kenya Post Office Savings Bank, often referred to as Postbank, is a Savings Bank in Kenya. Unlike other commercial banks in Kenya that are licensed and regulated by the Central Bank of Kenya, Postbank is regulated by the Kenya Post Office Savings Bank Act Cap 493B.[1] This gives it a unique feature where interest income earned by depositors is exempt from tax.[2]
This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (June 2015) |
Quick Facts Company type, Industry ...
Company type | State owned |
---|---|
Industry | Banking |
Founded | 1910 (1910) |
Headquarters | Nairobi, Kenya |
Key people | Raphael Lekolool (Managing Director) |
Products | Group Savings, Savings, Investments, Debit Cards |
Revenue | KES:1.9 billion (2009) |
Total assets | KES:15.4 billion (2009) |
Number of employees | 500 |
Website | www |
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