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Background :

Guardian Bank Limited (“Guardian”) was founded by “Chandaria (MM)” family, one of the leading business houses of Kenya having business commitments in Kenya, Tanzania, Uganda, UK and India.  It is a   commercial bank incorporated in Kenya on 13th January 1992 initially as a finance company - Euro Finance Limited and was converted into a commercial Bank during August 1996.

 

“Guardian” is managed by a team of professionals, having vast experience in the Banking industry.

 

We have six (6) branches, three in Nairobi and one each in Mombasa, Eldoret and Kisumu. There are plans to open more branches in the near future.

 

The core capital of the bank stood at Kshs. 873.102 mn. as at 31st December 2009 while the asset base at KShs. 6.777b. and the net profit at KShs. 38.351mn. The net profit of the Bank for the half year ended 30th June 2010 stood at Kshs. 42.527 mn, the core capital at KShs. 894.37mn. and the asset base at KShs. 7.767bn. The Bank is confident that it will attain the statutory core capital requirements of KShs. 1 billion by the end of the financial year 2012. 

The Bank has correspondent relationships with Citibank N.A (New York and London), Bank of India (Kenya), ICICI Bank (India), Kenya Commercial Bank (Kenya) and Standard Bank of South Africa (South Africa), which enable the Bank to offer full-fledged trade finance and foreign exchange services.

To compliment the rapid growth of business, the bank continuously invests in the latest technology developments, enabling the bank to offer various innovative products and services.   

Our vision   :             "Your preferred bank 

Our Mission :                To provide superior financial services that are consistent with customer needs and the best product mix delivered by an effective ICT system and contended competent staff

Corporate information :

Founded                                              1992

Country of Incorporation                       Kenya 

Board of Directors                                Mr. M. M. Chandaria (Chairman)

                                                          Mr. Vasant K. Shetty, Managing Director

                                                          Mr. Mahesh Chandaria

                                                          Mr. Raj Sahi

                                                          Mr. Shantilal Shah

                                                          Mr. Hetul Chandaria

Secretary                                            Jophece Yogo,

                                                          P.O. Box 69952, Nairobi 

Auditors                                               KPMG Kenya,

                                                          Lonrho House,

                                                          Standard Street, P.O. Box 40612

                                                          Nairobi

 

Legal Advisors                                     Hamilton Harrison & Mathews,

                                                          Ochieng', Onyango, Kibet & Ohaga

                                                          A.B. Patel & Patel, Advocates

                                                         

Foreign Correspondence                       CitiBank N.A. (Nairobi, London, New York)

                                                          ICICI Bank Limited, Mumbai, India

                                                          Bank of India, Nairobi, Kenya

 
 
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