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Commercial bank in Uganda From Wikipedia, the free encyclopedia
KCB Bank Uganda Limited, also KCB Bank Uganda, is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator.[4]
Company type | Subsidiary of Kenya Commercial Bank Group USE :KCB NSE :KCB |
---|---|
Industry | Banking |
Founded | 2007 |
Headquarters | Commercial Plaza Kampala Road Kampala, Uganda |
Key people | Constant Othieno Mayende Chairman[1] Edgar Byamah CEO Agnes Namyalo Executive Director[2] |
Products | Loans, credit cards, savings, investments, mortgages |
Revenue | Aftertax: KES:377 million (US$3.54 million) (2018)[3] |
Total assets | KES:18.77 billion (US$176 million) (2018)[3] |
Number of employees | 420 (2015) |
Website | ug |
Te headquarters of KCB Bank Uganda are located at Commercial Plaza Complex, 7 Kampala Road, in the central business district of Kampala, Uganda's capital city.[5] The geographical coordinates of the bank's headquarters are: 0°18'46.0"N, 32°35'12.0"E (Latitude:0.312778; Longitude:32.586667).[6]
KCB Bank Uganda focuses on meeting the banking needs of individuals, corporate entities and small to medium enterprises. As of 31 December 2018, KCB Uganda had assets of KES:18.77 billion (US$176 million).[3]
Kenya Commercial Bank Uganda is a wholly owned subsidiary of the KCB Group, a financial services conglomerate, headquartered in Nairobi, Kenya, with subsidiaries in Kenya, Tanzania, Rwanda, South Sudan, Burundi and Uganda, with a representative office in Ethiopia.[3][7] The shares of stock of KCB Group are listed on the Nairobi Stock Exchange and are cross-listed on the Uganda Securities Exchange under the symbol: KCB[8] As of 30 June 2019, KCB Group had total assets of KES:746.51 billion (US$7.46 billion).[9]
In November 2007, the first branch of KCB Bank Uganda opened in Kampala, Uganda's capital city, following licensing by the Bank of Uganda. Since then, the bank has opened fifteen more branches in the country. In November 2017, the bank marked 10 years of presence in the country. At that time, KCB had sixteen branches, eight of them in Kampala and eight others in major cities and towns around Uganda.[10]
As of July 2020, KCB Uganda had sixteen branches in all the regions of Uganda, including at the following locations.[11]
As of May 2021, the chairman of the board of directors is Constant Othieno Mayende.[1] The managing director is Edgar Byamah.[19]
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