Middle East Bank (K) Ltd

Middle East Bank Kenya Ltd (MEB) was incorporated in Kenya in October 1980 and established business in August 1981 with branches in Nairobi and Mombasa. It was established in Kenya as part of the Al-Futtaim Group, a leading conglomerate from the United Arab Emirates owned by Middle East Bank Group, UAE. In 1991, Al-Futtaim sold its shareholding in MEB and thus in April of that year, control of the bank passed from foreign to local investors thereby Kenyanising its ownership.