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

  • Back Office : 

    Refers to that segment of a stockbroker’s office that has little or no direct relationship with the public but which is generally responsible for nearly all processes involved in effecting a transaction.

  • Ex Right : 

    The holder of shares purchased ex rights is not entitled to an upcoming already declared rights issue, but is entitled to future rights issues.

  • Investor Compensation Fund : 

    This is a special fund that is set aside to compensate investors at the stock exchange who may incur loss due to the inability of a licensed stockbroker to meet his contractual obligations towards them. A certain fraction of all equity transactions at the stock exchange is set aside for this fund.

  • Issuer : 

    This is the company or government that is offering (or has already offered) stocks or bonds for sale to investors for the purpose of financing its operations.

  • Sector : 

    A sector is a group of securities e.g. shares, traded within the stock market that share similar characteristics. Example; Kenya Airways and Uchumi Supermarket are both in the Commercial and Services Sector while Athi River Mining and Bamburi Cement are both in the Construction and Allied Sector.