About Mayfair Bank
Mayfair Bank is a Financial Services company based in Nairobi (Kenya) founded in 2017, and was acquired by CIB Egypt in April 2020. Commercial banking services are provided in Kenya. Its chief executive, as recorded, is Joram Kiarie. Mayfair Bank offers products and services including Transactional Accounts, Lending Products, Trade Finance, and MAYPAY Digital Banking. Its focus areas include Banks and Commercial Banks. Its legal entity is Mayfair Bank Limited. Its competitors include I&M Bank, Sidian Bank and Family Bank; 3 of its 3 listed competitors have raised funding.
Company details
Mayfair Bank was established in 2017 as a commercial bank based in Nairobi, Kenya. Operations focus on standard banking activities, including deposit accounts, lending, and transaction services for individuals and businesses. The institution is led by CEO Joram Kiarie and serves the local financial market in the region, adhering to regulatory standards in the Kenyan banking sector.
- Headquarters Nairobi, Kenya
- Stage Acquired
- SectorsFinancial Services
- Website mayfair-bank.com
- Social LinkedIn
- Acquired by CIB Egypt (Apr 2020)
- Legal Name Mayfair Bank Limited
Products & Services of Mayfair Bank
Mayfair Bank offers a comprehensive portfolio of products and services, including Transactional Accounts, Lending Products, Trade Finance, and MAYPAY Digital Banking.
Accounts for daily financial transactions and management.
Loans for businesses and individuals to support growth.
Services for facilitating trade and export activities.
Mobile app for secure banking and transactions.
Investors in Mayfair Bank
Mayfair Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CIB Egypt.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking services are provided across Egypt's private sector. | 1975 | cibeg.com | Giza, Egypt |
Investor details for Mayfair Bank
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People of Mayfair Bank
1 people are tracked at Mayfair Bank (1 in leadership).
| Name | Role | Group |
|---|---|---|
Joram Kiarie | CEO | Leadership |
Complete people profiles for Mayfair Bank
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Timeline of Mayfair Bank
2 dated milestones of Mayfair Bank across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Mayfair Bank is founded.
- Exit Acquired by CIB Egypt.
Competitors of Mayfair Bank
Mayfair Bank has 3 listed competitors in our database, 3 of them funded. They include I&M Bank, Sidian Bank and Family Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| imbank.com | 1974 | Nairobi, Kenya | $50M | Commercial banking services are offered in Kenya. | ||
| sidianbank.co.ke | 1984 | Nairobi, Kenya | $11.93M | Commercial banking services are provided in Kenya by Sidian Bank. | ||
| familybank.co.ke | 1984 | Nairobi, Kenya | $2.67M | Commercial banking services are offered to clients in Kenya. |
Detailed competitors of Mayfair Bank
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Related news about Mayfair Bank
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Frequently Asked Questions about Mayfair Bank
Mayfair Bank was founded in 2017.
Mayfair Bank is headquartered in Nairobi, Kenya.
Joram Kiarie is the CEO of Mayfair Bank, as recorded in our data.
Mayfair Bank was established in 2017 as a commercial bank based in Nairobi, Kenya. Operations focus on standard banking activities, including deposit accounts, lending, and transaction services for individuals and businesses. The institution is led by CEO Joram Kiarie and serves the local financial market in the region, adhering to regulatory standards in the Kenyan banking sector.
Mayfair Bank's top competitors include Sidian Bank, Family Bank and I&M Bank.
Mayfair Bank offers Transactional Accounts, Lending Products, Trade Finance, and MAYPAY Digital Banking.
Mayfair Bank has 1 investor. Key investors include CIB Egypt.
Mayfair Bank operates through Mayfair Bank Limited.
Yes. Mayfair Bank was acquired by CIB Egypt in April 2020.