Type | Public USE :KCB |
---|---|
Industry | Banking |
Founded | 2007 |
Headquarters | Commercial Plaza Kampala Road Kampala, Uganda |
Key people | Samwiri Njuki, Chairman Albert Odongo Managing Director[1] |
Products | Loans, credit cards, savings, investments, mortgages |
Revenue | Aftertax: US$4.95 million (UGX:11.4 billion) (2010)[2] |
Total assets | US$77.1+ million (UGX:177.4 billion) (2010)[3] |
Employees | 250+ (2009) |
Website | Homepage |
Kenya Commercial Bank (Uganda) (KCB), also known as KCB Uganda is a commercial bank in Uganda.
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The bank focuses on meeting the banking needs of individuals and corporate entities. As of December 2010[update] KCB Uganda had an asset base estimated at approximately US$77.1 million (UGX:177.4 billion). At that time, the bank's customer base exceeded 40,000 and customer deposits exceeded US$49 million (UGX:112.7 billion).[4]
Kenya Commercial Bank (Uganda) is a member of the KCB Group of companies. These include: [5] [6]
The KCB Group is the largest financial services group in East Africa, with an asset base valued at over US$3 billion. As of October 2011, KCB Group had the widest network of banking outlets consisting of over 220 branches in Kenya, Rwanda, South Sudan, Tanzania and Uganda.[7]
In November, 2007, the first branch of KCB Uganda opened in Kampala, Uganda's capital city, following licensing by the Bank of Uganda, the national banking regulator. Since then, the bank has opened fourteen more branches in the country. KCB Uganda is a 100% subsidiary of the KCB Group. The shares of KCB Group stock are traded on the following East African Stock Exchanges under the symbol "KCB": [8]
As of March 2011[update], KCB Uganda has a network of fifteen (15) branches in central, eastern, northern and western Uganda. Among the locations where the bank maintains branches are the following:[9][10][11]