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History

Paramount Bank Limited was established in 1993 as a non-banking financial institution known as Combined Finance Ltd, with a share capital of Kshs.25Million, offering general deposits and personal lending products.

In 1995, it commenced banking business as a fully-fledged commercial bank offering a complete range of banking services including foreign exchange, current accounts and corporate finance products. The share capital was then enhanced and changed its name to Paramount Bank Limited.

To further strengthen its base, acquire market share and take advantage of better economies of scale, Paramount Bank Limited underwent a merger in the year 2000 thus resulting in Paramount Bank Limited. The bank went live on the SWIFT network in March, 2003, thus providing her customers with secure and efficient worldwide money transfer services.

 

 Paramount Bank Limited is regulated by the Central Bank of Kenya.

 

 

Vision

To be one of the best regarded Banks in Kenya providing the highest-quality products and services


Mission


To develop a motivated professional staff that will profitably deliver high-quality customer services that fill the financial needs of our customers and their businesses.


 

Shareholding Structure


Please click the link below to view the Paramount Bank Shareholding structure:-


Paramount Bank Shareholding Structure

 

 

Quality Policy 

 

Please click the link below to view the Paramount Bank Quality Policy:-

 

Paramount Bank Quality Policy

 

 

 Banking Awards

 

 AWARD

 GRANTING

ORGANIZATION

MOTIVATION
YEAR
 SCOPE

Best Bank in Customer Satisfaction

 Th!nk Business

Limited

 Paramount Bank was recognized as the best bank

in customer satisfaction

2010
 Kenyan Award
     

Fastest Growing

Banks

 Th!nk Business

Limited

 Paramount Bank attained the second position as

the fastest growing bank in Kenya

 2013 Kenyan Award
     

 Banks with Lowest 

Charges

 Th!nk Business

    Limited

 Paramount Bank Limited was recognized as the

second best bank which has the lowest charges.

 2013 Kenyan Award
     
 

Fastest Growing

Banks

 Th!nk Business Limited
 Paramount Bank attained the second position as

the fastest growing bank in Kenya

 2013 Kenyan Award
     
 

Fastest Growing

Banks

 Th!nk Business Limited
 Paramount Bank attained the second position as

the fastest growing bank in Kenya

 2015Kenyan Award
     
 Banks with Lowest 

Charges

  Th!nk Business Limited 

 Paramount Bank Limited was recognized as the

First runner up bank which has the lowest charges.
 2017 Kenyan Award
     
 Best Bank in Tier IV   Th!nk Business Limited Paramount Bank Limited was recognized as the Best bank in Tier IV.
 2018 Kenyan Award
     
 Banks with Lowest 

Charges

 Th!nk Business Limited Paramount Bank Limited was recognized as the bank which has the lowest charges. 2018 Kenyan Award
     
 Banks with Lowest 

Charges

 Th!nk Business Limited Paramount Bank Limited was recognized as the bank which has the lowest charges. 2019 Kenyan Award

 


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Paramount Bank Ltd is regulated by the Central Bank of Kenya
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