LOLC Kenya Microfinance Bank (founded as Remu Microfinance Bank and formerly known as Key Microfinance Bank) is licensed and regulated by the Central Bank of Kenya and has been operating in Kenya since 2009, with its Head Office at Westlands, Nairobi. LOLC Kenya Microfinance is also a member of the Kenya Deposit Insurance Corporation (KDIC).
The Bank rebranded to LOLC Kenya Microfinance Bank following the acquisition of a 73.29% stake by the Sri Lankan global conglomerate LOLC Group. The banks’ key focus is in MSME sphere, and is passionate about creating value to the market. Currently, the Bank has a branch network of 5 branches and 2 marketing units with a product portfolio consisting of both Assets and Liability products, well designed to provide utmost convenience and customer experience.
Our journey is backed by LOLC Group, arguably the largest multi-geographical and multi-currency MSME platform. LOLC, which originated in 1980, is a global conglomerate having operations under a wide range of business spectrums: Banking & Financial services, Agriculture & Plantations, Renewable Energy, Leisure & Accommodation, Construction, Manufacturing, Trading and Information Technology.
The group's global footprint spans over 25 countries, from Far-East to South Asia to Central Asia to Africa. The Banking & Financial Services pillar is a key business area of LOLC group, and the global presence makes LOLC arguably the largest multi-geographical and multi- currency MSME platform.