KCB Bank Uganda Limited explained

KCB Bank Uganda Limited
Type:Subsidiary of Kenya Commercial Bank Group
USE :KCB
NSE :KCB
Location:Commercial Plaza
Kampala Road
Kampala, Uganda
Key People:Constant Othieno Mayende
Chairman[1]
Edgar Byamah
CEO
Agnes Namyalo
Executive Director[2]
Industry:Banking
Products:Loans, credit cards, savings, investments, mortgages
Revenue: Aftertax: KES:377 million (US$3.54 million) (2018)
Assets:KES:18.77 billion (US$176 million) (2018)
Num Employees:420 (2015)

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.[3]

Location

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.[4] 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).

Overview

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).[5]

Kenya Commercial Bank Group

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.[5] [6] 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[7] As of 30 June 2019, KCB Group had total assets of KES:746.51 billion (US$7.46 billion).[8]

History

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.[9]

Branch network

As of July 2020, KCB Uganda had sixteen branches in all the regions of Uganda, including at the following locations.[10]

  1. Arua Branch - Arua
  2. Gulu Branch - Gulu
  3. Lira Branch - Lira
  4. Fort Portal Branch - Fort Portal
  5. Jinja Branch - Jinja
  6. Hoima Branch - Hoima[11]
  7. Kampala Road Branch — Kampala Road, Kampala Main Branch[12]
  8. Ben Kiwanuka Branch — Ben Kiwanuka Street, Kampala[13]
  9. Luwum Street Branch — Luwum Street, Kampala
  10. Sixth Street Branch — Sixth Street, Industrial Area, Kampala
  11. Oasis Mall Branch — Oasis Mall, Kampala Central Division, Kampala
  12. Ndeeba Branch - Ndeeba, Kampala[14]
  13. Mbale Branch - Mbale[15]
  14. Mbarara Branch - High Street, Mbarara[16]
  15. Kikuubo Branch - Kikuubo - Kampala
  16. Forest Mall Branch - Forest Mall, Lugogo Bypass, Kampala[17]

Governance

As of May 2021, the chairman of the board of directors is Constant Othieno Mayende.[1] The managing director is Edgar Byamah.[18]

See also

External links

Notes and References

  1. Web site: 29 April 2021 . Uganda: Othieno Mayende Is New Chairman of KCB Bank Uganda . . 2 May 2021 . The Independent . Kampala . via AllAfrica.com.
  2. Web site: About Us: Our Leaders: Board of Directors: Agnes Mayanja Namyalo, Executive Director . 21 March 2021 . KCB Bank Uganda Limited . KCB Uganda . 21 March 2021 . Kampala, Uganda.
  3. Web site: . List of licensed Commercial Banks as at 30 June 2020 . 30 June 2020 . 21 July 2020 . Bank of Uganda . Kampala.
  4. Web site: KCB Bank Uganda: Contact Details . KCB Bank Uganda Limited . 21 July 2020 . 21 July 2020 . KCB Bank Uganda . Kampala.
  5. Web site: KCB Group 2018 Annual Report: KCB Bank Uganda . 31 December 2018 . Africanfinancials.com . 21 July 2020 . African Financials.
  6. Web site: KCB Group first quarter profit jumps 31pc . . 1 May 2014 . Nicholas Waitathu . 21 July 2020 . Nairobi.
  7. Web site: . Cross-listed KCB banks on electronic trading . 29 November 2008 . The Independent . 21 July 2020 . Kampala.
  8. Web site: The EastAfrican. Equity, KCB buyouts: The making of $15b region's banking giants . 16 September 2019 . 21 July 2020 . James Anyanzwa . Nairobi.
  9. Web site: KCB Marks 10 Years In Uganda . 15 November 2017 . . Nicholas Oneal . Kampala . 21 July 2020.
  10. Web site: KCB Bank Uganda: Branch Locator . 21 July 2020 . Kenya Commercial Bank Uganda Limited . 21 July 2020 . KCB Bank Uganda . Kampala.
  11. Web site: KCB New Branch Drive Boosts Regional Trade . The World Trade Review . April 2009 . 7 . No.9 . 21 July 2020 . The World Trade Review . https://web.archive.org/web/20141204231233/http://www.worldtradereview.com/news.asp?pType=N&iType=A&iID=202&siD=10&nID=46291 . 4 December 2014 . Archived from the original on 4 December 2014.
  12. Web site: . KCB Group In Rapid Growth . 15 June 2008 . Mbatau wa Ngai . 21 July 2020 . Kampala.
  13. Web site: KCB Ben Kiwanuka Opens . 20 January 2009 . . Wambui Oyulu . 21 July 2020 . Kamala.
  14. Web site: 18 October 2010 . Kenya: Nation Bank Targets Small Regional Businesses . 20 April 2016 . Muhumuza . Mark . . Kampala.
  15. Web site: Nairobi . Kenya Commercial Bank Expands In Uganda . 25 November 2009 . Michael . Karanja . 27 November 2014 . 98.4 Capital FM.
  16. Web site: KCB Opens Mbarara Branch . 17 June 2008 . 27 November 2014 . Ebenezer . Bifubyeka . New Vision (Kampala) . https://web.archive.org/web/20141205152826/http://www.newvision.co.ug/D/9/35/633963 . 5 December 2014 . dead .
  17. Web site: 26 November 2014 . 27 November 2014 . Kampala . Bank of Uganda Mulls Agency Banking As It Moves Services Closer To The Public . Ismail Musa . Ladu . Daily Monitor.
  18. Web site: KCB Bank Uganda Limited: Our Leaders: Board of Directors . 2 May 2021 . . 2 May 2021 . KCB Group . Nairobi.

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