Bank Al Habib Limited (BAHL) has announced it will close its representative office in Nairobi, Kenya, on May 15, 2025, marking the end of its seven-year presence in the country.

The Central Bank of Kenya approved the closure on April 30, 2025, in accordance with the Banking Act (Cap. 488) and relevant prudential guidelines. BAHL stated that the decision follows a strategic review by its board of directors.

The Nairobi office, which was limited to liaison and marketing activities and did not conduct banking operations, is being closed as part of BAHL’s broader global restructuring plan aimed at consolidating international operations and improving efficiency.

Despite its exit from Kenya, BAHL will continue to maintain its international presence in Bahrain, China, Türkiye, the United Arab Emirates, and the Seychelles.

The bank has not provided specific reasons for the closure beyond its restructuring strategy. A formal stock exchange filing regarding the move is still pending.