Kenya Commercial Bank (Uganda)

Kenya Commercial Bank (Uganda)
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.

Contents

Overwiew

The bank focuses on meeting the banking needs of individuals and corporate entities. As of December 2010 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 Group

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]

History

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]

Branch network

As of March 2011, 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]

  1. Arua Branch - Arua
  2. Gulu Branch - Gulu
  3. Hoima Branch - Hoima
  4. Jinja Branch - Jinja
  5. Kampala Road Branch - Kampala Road, Kampala Main Branch
  6. Ben Kiwanuka Branch - Ben Kiwanuka Street, Kampala
  7. Luwuum Street Branch - Luwuum Street, Kampala
  8. Sixth Street Branch - Sixth Street, Kampala
  9. Oasis Mall Branch - Oasis Mall, Kampala
  10. Ndeeba Branch - Ndeeba, Kampala[12]
  11. Lira Branch - Lira
  12. Fort Portal Branch - Fort Portal
  13. Mbale Branch - Mbale
  14. Mbarara Branch - Mbarara
  15. Kabale Branch - Kabale

Officers & Management

External links

See also

References