Kenya Commercial Bank (Rwanda)

Kenya Commercial Bank (Rwanda)
Public
USE :KCB
Industry Banking
Founded 2008
Headquarters Kigali, Rwanda
Key people
 Peter Muthoka, Chairman
Maurice Toroitich, Managing Director[1]
Products Loans, credit cards, savings, investments, mortgages
Revenue Increase Aftertax: US$652,400+ (RWF:382 million) (Q3:2011)
Total assets US$90 million (RWF:53 billion) (Q3:2011)[2]
Number of employees
 220+ (2010)
Website Homepage

Kenya Commercial Bank (Rwanda) (KCB Rwanda), is a commercial bank in Rwanda. It is one of the banks licensed by the National Bank of Rwanda, the country's banking regulator.[3]

Overview

As of November 2010, KCB Rwanda was a small but growing financial service provider, with estimated total assets of about US$46 million and shareholders' equity of approximately US$13 million.[4] By September 2011, the bank's assets had grown to nearly US$90 milliom (RWF:53 billion), representing approximately 7% of all banking assets in the country.[5]

Kenya Commercial Bank Group

The bank is a member of the Kenya Commercial Bank Group, headquartered in Nairobi, Kenya, with subsidiaries in Kenya, Rwanda, Southern Sudan, Tanzania and Uganda. Members of the KCB Group of companies includes the following: [6] [7]

The KCB Group is the largest financial services group in East Africa, with an asset base estimated at over US$2.8 billion. As of November 2010, KCB Group has the widest network of banking outlets consisting of over 200 branches in Kenya, Rwanda, Southern Sudan, Tanzania and Uganda.[8] The shares of stock of KCB Group are listed on the following East African Stock Exchanges, where they trade under the symbol KCB:[9]

History

In December 2008, KCB Rwanda commenced banking services in Kigali, following licensing by the National Bank of Rwanda. Since then, the bank has opened eight (8) more branches in the country. KCB Rwanda is a 100% subsidiary of the KCB Group.

Branch network

As of October 2010, KCB Rwanda has a network of nine (9) branches across the country. Among the locations where the bank maintains branches are the following:[10][11]

  1. Main Branch - Avenue de la Paix, Kigali
  2. Kimironko Branch — Kimironko, Kigali
  3. Nyabugogo Branch — Nyabugogo, Kigali
  4. Remera Branch — Remera, Kigali
  5. Musanze Branch - Musanze
  6. Rubavu Branch - Rubavu
  7. Muhanga Branch - Muhanga
  8. Huye Branch - Huye
  9. Rusizi Branch - Rusizi

See also

References

  1. ↑ Maurice Toroitich Is Managing Director of KCB Rwanda
  2. ↑ Estimated Total Assets In September 2011
  3. ↑ List of Licensed Commercial Banks In Rwanda
  4. ↑ As Of November 2010, KCB Group Has Invested Over USD 13 Million in KCB Rwanda
  5. ↑ Finncial Data For 30 September 2011
  6. ↑ Member Companies of KCB Group
  7. ↑ Profile of KCB Group
  8. ↑ KCB Group Is Largest Bank Group In East Africa By Outlets
  9. ↑ KCB Listed on All Stock Exchanges in East Africa
  10. ↑ As Of October 2010 KCB Rwanda Has Nine Branches
  11. ↑ KCB Branch Network in Rwanda

the musician artist Based in the US and democracy activist, David Diyen was a KCB Bank Rwanda since 2009 until amy 24th 2014 http://www.scribd.com/doc/114397547/David-Diyen-Press-Release http://chimpreports.com/index.php/entertainment/7161-david-diyen-releases-a-new-song-“the-one”.html

External links