Bank of Baroda Clarifies Reports on Closure of Kenya Operations

Bank of Baroda (Kenya) Limited has dismissed reports that it is closing its operations in Kenya, calling the circulating information false and misleading.

In an official clarification, Bank of Baroda said its Kenyan operations remain normal and that it continues to serve customers, businesses, and households across the country.

“Customers, employees, business partners and members of the public are advised not to rely on such unverified information,” Bank of Baroda said.

Bank of Baroda Addresses Reports of Kenya Exit

Bank of Baroda asked customers and other stakeholders to rely on official communication when seeking information about its operations. Relevant regulatory authorities were also identified as reliable sources for verified updates.

Kenya has been home to the lender since 1953, giving it more than 70 years of continuous operations in the country.

Over that period, Bank of Baroda has served generations of Kenyan customers and built relationships with businesses and households.

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Bank of Baroda directly addressed questions about its future in Kenya, with management reaffirming its intention to remain in the market.

“Bank of Baroda (Kenya) Limited remains firmly committed to the Kenyan market and continues to focus on serving its customers and supporting the country’s economic development,” it said.

Operations will continue alongside efforts to strengthen relationships with customers and other stakeholders. Sustainable business growth also remains part of its stated focus.

Bank Cites Capital Position, Loan Growth

Latest regulatory disclosures support Bank of Baroda’s position on its Kenyan business. According to the lender, the filings show a strong capital position, growth in its loan book and a stable balance sheet.

The bank also highlighted strong year-on-year profitability, saying the figures demonstrate its financial strength and resilience in Kenya.

Alongside its financial performance, management pointed to prudent risk management, regulatory compliance and sound governance as key areas of focus.

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Bank of Baroda said it will pursue continued growth while maintaining those priorities. The bank also said it remains focused on strengthening relationships with customers and other stakeholders.

For anyone seeking clarification about its operations, official communication from Bank of Baroda (Kenya) Limited and relevant regulatory authorities remains the recommended source of verified information.

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Bank of Baroda, in a statement issued on September 18, 2026, dismissed reports that it is closing its operations in Kenya. PHOTO/ Screengrab Daily Nation.