Type | Private |
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Industry | Financial Services |
Founded | 2002 |
Headquarters | Nairobi, Kenya |
Key people | Shanti Shah, Chairman R.B.Singh, Managing Director & CEO |
Products | Checking, Savings, Investments, Debit Cards |
Revenue | Aftertax: US$450,900+ (2009)[1] |
Total assets | US$47 million (2010) (H1-unaudited) |
Website | Homepage |
Oriental Commercial Bank (OCB), whose full name is Oriental Commercial Bank Limited, is a commercial bank in Kenya. It is one of the forty-four (44) commercial banks licensed by the Central Bank of Kenya, the national banking regulator.[2] The bank was established in its present form in 2002, according to its website.
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OCB is a small retail bank in Kenya, East Africa's largest economy. As of June 2010[update], the bank's total assets were valued at about US$47 million (KES:3.98 billion), with shareholders' equity of nearly US$14 million (KES:1.15 billion).[3] In December 2010, the bank was ranked number thirty-nine (39), by assets, out of forty-three (43) licensed commercial banks in the country.[4]
As of December 2010[update], Oriental Commercial Bank is a privately held company whose owners are not publicly known.
The bank maintains a network of branches at the following locations: [5]
The bank is governed by a six-person Board of Directors. Shanti Shah, one of the non-Executive Directors serves as the Chairman of the Board. The Managing Director and Chief Executive Officer is R.B. Singh[7]
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