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Kenya
1993 (33 Years)
Last online: No recent activity
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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
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This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Get to know Paramount Bank
Company Information
Get to know Paramount Bank
Established in 1993 as a financial institution and converted into a fully-fledged commercial bank in 1995, Paramount Bank Limited has grown to become a reputable player in the Kenyan banking sector. The bank is committed to offering customer-centric and innovative financial solutions, including personal banking, business banking, trade finance, and treasury services. Its mission focuses on fostering strong client relationships and contributing to economic growth by supporting small to medium-sized enterprises (SMEs) and corporate entities.
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