About Us - Our History
FINA BANK KENYA BACKGROUND
Fina Bank was originally incorporated as a Non Banking Financial Institution (NBFI) on 15th January 1986. It was then known as “Finance International limited”, a name that was later changed to “The Finance Institution of Africa”. The original owners were the Francis Da Gama Rose family – a group with diversified business interests in East Africa.
On 15th August 1991, Mr Dhanu Hansraj Chandaria (a successful entrepreneur in the manufacturing sector) together with a group of professional shareholders, took control of The Finance Institution of Africa and put it on a new growth path. Since the Company was already known as “FINA”, the new owners changed its registered trading name to Fina.
In 1995, the banking laws in Kenya were changed and NFBIs were required to convert into fully-fledged commercial banks or close down. Fina was among the first institutions to seize the opportunity and thus “Fina Bank Limited” (FBL) was born on 14th February 1996. It immediately started providing full banking services.
The company has now shifted from being a small respected financial institution to a preferred regional SME and Business bank with a strong developmental emphasis especially in the rural areas. It aims to serve the entire region in the SME and Business sectors.
