Comprehensive list of Paramount Bank Limited Branches
Paramount Bank Limited
Paramount Bank has grown to become a trusted name in Kenya's banking sector since its establishment in 1993. Initially founded as a non-banking financial institution, the bank transitioned into a full-fledged commercial bank after obtaining its license from the Central Bank of Kenya (CBK) on July 5, 1995. Paramount Bank is particularly recognized for its strong support of small and medium-sized enterprises (SMEs), playing a pivotal role in facilitating their growth through affordable financing solutions.
| Branch Name | Location/Address | Phone Contact | Mobile Contact | Operating Hours | |
|---|---|---|---|---|---|
| Head Office | Sound Plaza – 4th Floor, Woodvale Grove, Westlands, Nairobi | +254 20 4449266 | +254 709 935000, +254 723 564254 | info@paramountbank.co.ke | Monday - Friday: 8:30 AM - 4:30 PM |
| Westlands Branch | Sound Plaza – Ground Floor, Woodvale Grove, Westlands, Nairobi | - | +254 723 564254, +254 734 258020 | - | Monday - Friday: 8:30 AM - 4:30 PM, Saturday: 9:00 AM - 1:00 PM |
| Parklands Branch | Diamond Plaza, New Wing – Ground Floor, Masari Road, Highridge | - | +254 724 255325, +254 733 600119 | - | Monday - Friday: 8:30 AM - 4:30 PM, Saturday: 9:00 AM - 1:00 PM |
| Koinange Branch | Cianda House – Ground Floor, Koinange Street, City Centre | +254 20 2215468 | +254 732 445508 | - | Monday - Friday: 8:30 AM - 4:30 PM, Saturday: 9:00 AM - 1:00 PM |
| Industrial Area Branch | Ambaji House – Ground Floor, Dar es Salam Road, Industrial Area | - | +254 723 564254, +254 734 258020 | - | Monday - Friday: 8:30 AM - 4:30 PM, Saturday: 9:00 AM - 1:00 PM |
Branch Details and Services
Head Office - Westlands
The headquarters of Paramount Bank is based at Sound Plaza, one of the most prestigious buildings in Westlands. This branch handles corporate banking, executive banking services, and serves as the administrative center for the bank's operations. Located on the 4th floor of Sound Plaza on Woodvale Grove, the head office provides comprehensive banking services including account opening, loan processing, foreign exchange services, and executive banking solutions.
Key Services:
- Corporate Banking
- Executive Banking Services
- Foreign Exchange
- Trade Finance
- Account Management
- Administrative Services
Westlands Branch
Situated on the ground floor of Sound Plaza, the Westlands branch caters to a wide array of clients, ranging from SMEs to personal account holders. Its prime location makes it accessible for those in Nairobi's business hub. This branch offers full retail banking services and is conveniently located for walk-in customers.
Key Services:
- Personal Banking
- SME Banking
- Savings and Current Accounts
- Fixed Deposits
- Mobile Banking Registration
- ATM Services
Parklands Branch
Parklands, a neighborhood with a significant business and residential population, is home to this branch. Located in the iconic Diamond Plaza, the Parklands branch offers services to individuals and businesses alike. The branch serves the diverse Parklands community with comprehensive banking solutions.
Key Services:
- Personal Banking
- Business Banking
- Loan Services
- Account Opening
- Money Transfer Services
- Customer Advisory Services
Koinange Branch
The Koinange branch is strategically placed in the heart of Nairobi's central business district, opposite its former location. It serves a diverse clientele, including professionals and businesses operating in Nairobi's bustling CBD. This branch is ideal for customers working in the central business district.
Key Services:
- Corporate Banking
- Personal Banking
- Cash Management
- Business Loans
- Current Accounts
- Financial Advisory
Industrial Area Branch
Located in Nairobi's Industrial Area, this branch caters to businesses involved in manufacturing, logistics, and other industrial operations. Its location on Dar es Salaam Road ensures accessibility to enterprises in one of Nairobi's key economic zones. This branch specializes in serving manufacturing and industrial businesses.
Key Services:
- Industrial Banking
- Trade Finance
- Working Capital Loans
- Equipment Financing
- Cash Management
- Business Advisory Services
Additional Banking Services
Mobile Banking and Digital Services
Paramount Bank offers comprehensive mobile banking services through their mobile app, allowing customers to:
- Check account balances
- Transfer funds
- Pay bills
- Buy airtime
- View transaction history
- Apply for loans
ATM Network
The bank maintains ATM services at key branches, providing 24/7 access to cash withdrawal, balance inquiries, and mini-statements. ATMs are strategically located at:
- Westlands Branch (Sound Plaza)
- Industrial Area Branch
- Parklands Branch (Diamond Plaza)
Customer Service Hours
Regular Banking Hours:
- Monday to Friday: 8:30 AM - 4:30 PM
- Saturday: 9:00 AM - 1:00 PM
- Sunday: Closed
Customer Care Contact:
- Phone: +254 709 935000
- Email: info@paramountbank.co.ke
Special Services for SMEs
Paramount Bank's focus on SMEs has earned it a reputation as one of the most SME-friendly banks in Kenya. The institution provides a wide range of products tailored to meet the financial needs of small and medium enterprises, including working capital loans, overdrafts, and trade finance solutions.
SME Products Include:
- Working Capital Loans
- Asset Financing
- Overdraft Facilities
- Trade Finance
- Invoice Discounting
- Business Advisory Services
Awards and Recognition
At the prestigious Think Business Banking Awards, Paramount Bank was celebrated as the Best Bank in Customer Satisfaction and was also ranked the second-best bank for having the lowest tariffs for SMEs. This recognition demonstrates the bank's commitment to providing affordable and customer-focused banking services.
Postal Address
All branches can be reached through the main postal address: P.O. Box 14001 - 00800 Nairobi, Kenya
Swift Code and Banking Details
For international transactions and correspondent banking:
- Bank Name: Paramount Bank Limited
- Swift Code: Available upon request
- Bank Code: 55 (Kenya Bankers Association)
The bank continues to expand its services and maintain its position as a customer-centric financial institution, particularly focused on supporting small and medium enterprises in Kenya's growing economy.