Spire Bank (formerly Equatorial Commercial Bank) — Nairobi Branches: Locations, Contacts & Current Status
Important — Spire Bank no longer operates as an independent bank. Spire Bank Limited, majority-owned by Mwalimu National Sacco (the teachers’ savings and credit co-operative), ran into severe financial difficulty and was unable to meet capital requirements. In January 2023, the Central Bank of Kenya approved the acquisition of Spire Bank’s deposit and loan customers by Equity Bank Kenya; the transaction completed on 31 January 2023. Roughly 20,000 depositors and 3,700 loan customers were migrated to Equity Bank, and the Spire Bank mobile app, cards, and standalone accounts stopped working from 1 February 2023. As of 2026, Spire Bank remains a licensed shell entity with the Central Bank of Kenya pending final liquidation approval; it has no operating branches for customer walk-ins today.
If you were a Spire Bank customer: your account was migrated to Equity Bank Kenya Limited. Visit any Equity Bank branch or use Equity’s digital channels (mobile app, *247#, agents) — your old Spire account number and app no longer work.
Spire Bank was originally established as a finance company in 1983 and became a fully-fledged commercial bank in 1995 under the name Equatorial Commercial Bank (ECB). It was rebranded to Spire Bank after Mwalimu Sacco acquired a majority stake in 2015.
Former Nairobi Branches (historical — for reference only, not currently operating)
Former Head Office / Upper Hill Branch
- Address: Mwalimu Towers, Hill Lane, Upper Hill, Nairobi
- Former Telephone: +254 20 4981000 / +254 703 047777
Former Westlands Branch
- Address: Westlands Shopping Centre, Westlands, Nairobi
- Former Telephone: +254 20 4440000
Former Koinange Street Branch
- Address: Koinange Street, Nairobi (referenced in press photography of the branch as of 2020)
What Happened, in Brief
| Milestone | Date |
|---|---|
| Established as Equatorial Commercial Bank | 1995 (as finance company from 1983) |
| Mwalimu Sacco acquires majority stake; rebrands to Spire Bank | 2015 |
| Bank faces mounting losses and liquidity problems | 2016–2022 |
| National Treasury approves Equity Bank’s acquisition of assets/liabilities | January 24, 2023 |
| Acquisition completes; ~20,000 depositors and 3,700 loan customers move to Equity Bank | January 31, 2023 |
| Spire Bank’s own app, cards, and accounts deactivated | February 1, 2023 |
| Mwalimu Sacco writes off its investment; CBK grants conditional approval for eventual liquidation of the shell entity | 2025 |
Where to Go Instead
Since Spire Bank no longer operates branches, former customers and anyone searching for “Spire Bank Nairobi branches” should contact Equity Bank Kenya Limited directly:
- Equity Bank Customer Care: 0763 000 000 (or dial *247# from a mobile phone)
- Find a branch/ATM: via the Equity Bank Kenya website’s branch locator
This article reflects Spire Bank’s status as of 2026: an inactive, acquired institution awaiting final liquidation by the Central Bank of Kenya. Historical branch details are included for reference and research purposes only — they are not current operating locations. For any active banking needs, use Equity Bank’s channels.