The Kenya Association of Stockbrokers and Investment Banks is an association that represents the interests of Kenyan stockbrokerage and investment banking companies. It was initially founded as the Association of Kenya Stockbrokers (AKS) but later changed its name to KASIB in order to accommodate the interests and aspirations of investment banks that also operate as stockbrokers.
The eighteen members all have seats at the NSE and are holders of their respective licenses as stockbrokers or investment banks.

How we play our role
KASIB engages with domestic, regional and international exchanges, depositories, custodians, government, the public and other specific stakeholders from time to time in developing our Capital Market. We make policy recommendation and give input on draft. Our aim is to facilitate enabling laws, regulations, rules and guidelines and continuously enhance the operations and development of the KASIB Council Members including our own corporate documentation. We further promote Capital Markets awareness training and investors education.




Market Growth

Investor Education

Code of Ethics

Investor Protection

Investor Education

  • Dematerialized Securities : 

    These are securities that have been prescribed by the central depository and the physical certificate is no longer recognized as all its transactions are computerized and entered into a ledger.

  • Bonus Issue : 

    These are additional shares issued to existing shareholders in proportion to their holdings. They are issued free of cost.

  • Renunciation : 

    This is the act of giving up the right to subscribe to allotted shares in a rights issue.

  • Guaranteed Bond : 

    This is a bond in which both the interest and the principal on the bond are guaranteed to be paid either by the parent company of the issuing company or by a better known and more creditworthy institution.

  • Ramping : 

    This is the large scale buying of shares in the stock exchange with the objective of boosting the image of the stock and the company behind it to increase its demand and consequently its price.