Custodial Services

A custodian is a financial institution regulated by the Capital Markets Authority (CMA) in addition to licensing by Central Bank of Kenya.
ABC bank is a custodian offering various investment products as enumerated below.

The investment services we offer are:

  1. Quoted Shares Trading
  2. Treasury Bills
  3. Treasury Bonds
  4. Nominee Accounts

Quoted Shares Trading

When you buy shares, you buy a part of the company and are referred to as a share-holder. We facilitate buying and selling of shares listed on the Nairobi Securities Exchange

Benefits of buying quoted shares:

  1. Appreciation of the market value of the shares
  2. Dividend payments – some companies will give a certain ratio of each share as income to shareholders
  3. Bonus & Rights issues – some companies sometimes offer additional shares or the right to buy shares at lower than market prices.
  4. One needs to seek advice from an authorized investment advisor to maximize these benefits effectively. We offer advisory services through our subsidiary, ABC Capital.

Once you decide on what to buy or sell, ABC Custody facilitates purchase and sale of quoted shares.

Our Services for Quoted Shares

We open a CDS Account at CDSC on your behalf.
CDSC stands for Central Depository & Settlement Corporation, a registered limited company approved by the Capital Markets Authority for purposes of holding of listed and non-listed securities on behalf of investors among other duties. Kindly click here for more on CDSC:

We trade (buy or sell) quoted shares on your behalf.

We facilitate deposit of your shares certificate to your CDS account (shares immobilization).

You can view your investment portfolio by signing up for the CDSC portal:

The Process for Quoted Shares

  1. Complete CDS account opening form
  2. Submit one colored photo, KRA PIN and ID copy
  3. Fund Account
  4. Complete shares order form
  5. ABC Bank trades the shares

The Process for Treasury Bills & Bonds

  1. Fund Account
  2. Complete & Send us T-bill/bond order form
  3. ABC Bank invests for you
  4. ABC Bank credits your account with coupons(interest) and maturities when due

Nominee Account

You give authority to the bank, through a custodial agreement, to facilitate operations on your financial assets including bank deposits, treasury bills and bonds, shares, REITs, corporate bonds, etc.
Services offered include:

  1. Keep your assets safe
  2. Trade securities according to your instructions and facilitate settlement for the same.
  3. Receive maturities and income due on your behalf.
  4. Manage any corporate actions (any events such as interest on investments, share dividends, bonuses, rights and splits) due to the securities held.
  5. Keep records of securities held and provide you with periodic reports.

Benefits of a Nominee Account.

  1. It moves the burden of administration of assets from you to the bank. Examples of services provided include bidding for treasury bills on your behalf, receiving interest on investments and preparation of consolidated investment reports.
  2. It provides a platform to consolidate all your investments in one place for ease of accountability and traceability by yourself. This eliminates a scenario where you have to keep track of your various investments in different accounts and brokers, e.g. Shares account, T-bill account, Fixed Deposit account, etc.
  3. The bank will regularly update you with information relating to your financial assets.

The Process for Nominee Accounts

  1. Complete an account opening form
  2. Sign a Custodial Agreement
  3. Submit one colored photo, KRA PIN and ID copy
  4. Fund Account
  5. Complete shares order form, Treasury Bill/Bond form or Fixed Deposit Form
  6. ABC Bank transacts & sends you a statement

The advantage of investing through a custodian is the safety of your financial assets.

Invest in the Nairobi Securities Exchange products through our custodial services.

For more information contact our Custodial team via