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NIC Bank (NIC) Realtime Stock Quote | Nairobi Securities Exchange | myStocks

NIC Bank Ltd (NIC)

  
End of day - Sep 01, 2015
43.50
+0.50 (+1.16%)
43.00
Previous
43.50   +0.50 (+1.16%)
End of day - Sep 01, 2015
44.75
High
43.00
Low
38,200
Volume
1.67M
Turnover
41.00 - 85.00
52-week Range
 
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Market Commentary

Continued investments in technology-based service delivery channels such as mobile and internet banking services has enabled banks to cut on operational costs and boost efficiency.

Brief Company Profile

Market Segment: Main Investment Segment
Sector: Banking

NIC Bank Ltd, formerly National Industrial Credit Bank Limited, is a Kenya-based company that provides retail and corporate banking, brokerage, bancassurance and investment banking services. The Bank offers its services under: Personal Banking, including savings accounts, credit cards, loans and overdrafts, asset and insurance finance; Business Banking, covering business advantage accounts, loans, asset finance, insurance finance, treasury and institutional banking; Corporate Banking, encompassing corporate overdraft, term loans, trade finance, liabilities, loans against trust receipts, treasury and foreign exchange, and NIC Capital, which includes investment banking, brokerage and investment advisory. NIC Bank Ltd also offers electronic banking services, and custodial services. It has automated teller machines throughout Kenya. The Bank has five wholly owned subsidiaries: National Industrial Credit Trustees Ltd and Mercantile Finance Company, among other.

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