SWOT and PESTLE analysis of National Bank of Kenya Limited

SWOT and PESTLE analysis of National Bank of Kenya Limited

Swot and pest analysis: National Bank of Kenya (NBK) is a Kenyan company that provides banking and financial services in the country. The company was founded in 1968 and it has over 38 branches across the country. National Bank of Kenya is licensed by the Central Bank of Kenya. The subsidiaries of the company include Natbank Trustee and Investment Services Limited, Kenya National Capital Corporation Limited and NBK Insurance Agency Limited.

SWOT and PESTLE analysis of National Bank of Kenya Limited
SWOT and PESTLE analysis of National Bank of Kenya Limited/Photo

 

Summary of National Bank of Kenya Limited Company profile

 

  • Company name: National Bank of Kenya
  • Location: National Bank Building Harambee Avenue, Nairobi
  • Business sector: Banking
  • Revenue: Ksh 10.9 Billion. As per financial year ending December 2016
  • CEO: Wilfred Musau
  • Competitors: equity bank, cooperative bank, family bank, standard chartered, Barclays, KCB.
  • National Bank of Kenya official website: http://nationalbank.co.ke/
  • National Bank of Kenya official Facebook page: https://www.facebook.com/NationalBankofKenya
  • National Bank of Kenya official twitter handle: https://twitter.com/National_Bank
  • National Bank of Kenya official contacts: HEAD OFFICE: National Bank Building Harambee Avenue, Nairobi
    P.O BOX 72866-00200 Nairobi
  • Telephone conatcts: 020-2828000, 020 282 8900, 0703 088 900, 0732 118 900
  • ax: 020-311444/222304
  • E-Mail: corporateaffairs@nationalbank.co.ke
  • CALL CENTRE: E-mail: callcentre@nationalbank.co.ke
  • Common company tags: Taifa account, Pinnacle savings account, vision account, students account,national bank online banking, mobile banking

 

SWOT analysis of National Bank of Kenya

The following is the SWOT analysis of National Bank of Kenya

Strengths

  • Improved risk profile
  • Skilled workforce
  • Systemic importance in the Kenyan economy
  • Low labor costs
  • Strong distribution and sales networks

Weaknesses

  • Conduct charges and litigation
  • Dividend payment restrictions
  • Size of the market in future

Opportunities

  • New services
  • New markets
  • Investment in small businesses
  • A growing economy
  • Expanding demand
  • Steady increase in income levels
  • ·urbanisation

Threats

  • Competition
  • Decreasing profitability
  • Increasing labor costs
  • Financial capacity
  • Cyber crime
  • Economic slowdown

 

PESTLE analysis of National Bank of Kenya

The following is the PESTLE analysis of National Bank of Kenya

Political

  • Political uncertainty in the country
  • Terrorism
  • Changing regulations

Economical

  • Low interest rates environment
  • Volatile Kenyan currency

Social

  • Rise in the disposable market of its operational geography

Technological

  • Investment in technology

Legal

  • increased regulatory demands

Environmental

  • Reduction of direct environmental footprint
  • waste management

[irp]

Do not miss our latest updates on the swot and pest analysis of national bank of Kenya.

Last updated on

by

Published In

Leave a Comment

Your email address will not be published. Required fields are marked *

Editors Pick

css.php