CBK Statement on Closure of Bank Al-Habib (BAHL) Office in Kenya
Central Bank of Kenya (CBK) Statement On Closure Of Bank Al-Habib Ltd (BAHL) Office In Kenya. BAHL exited Kenya on May 15, 2025
The Central Bank of Kenya (CBK) announces the cancellation of the authority granted to Bank Al-Habib Ltd (BAHL) of Pakistan to operate BAHL Representative Office in Kenya, pursuant to Section 43 of the Banking Act.
BAHL's exit from Kenya, effective May 15, 2025, follows a strategic decision by BAHL to rationalize its foreign operations. BAHL was authorized by CBK to establish a Representative Office in Kenya on April 9, 2018.
BAHL is a commercial bank headquartered in Karachi, Pakistan, offering retail and corporate banking, as well as international trade finance services. The Representative Office in Kenya served as a marketing and liaison office for the parent bank and its international affiliates.
Central Bank of Kenya
June 30, 2025