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In 1970, the Government took full control of the bank and renamed it to Kenya Commercial Bank Group. [6] KCB Bank Kenya, as it is now known, was incorporated in 2015 as a result of the corporate restructure of Kenya Commercial Bank Group (KCB Group). Prior to 2015, KCB Group was both a licensed bank and a holding company for its subsidiaries. [6]
Mwalimu Sacco is a medium-tier financial services provider in Kenya. As of December 2013, it was the largest Savings and Cooperative Society (Sacco) in the country, with an asset base valued at about US$282.2 million (KES:24.5 billion).
The building is owned by the Kenya Commercial Bank Employee Pension Fund, who are footing the US$26 million (KES:2.1 billion) construction bill. In April 2012, Kenyan press reports indicated that the rentable space inside the building had been increased to 228,330 square feet (21,213 m 2 ).
KCB Group Limited, also known as the KCB Group, is a financial services holding company based in the African Great Lakes region. The Group's headquarters are in Nairobi, Kenya, with its subsidiaries being KCB Bank Kenya Limited, KCB Bank Burundi Limited, KCB Bank Rwanda Limited, KCB Bank South Sudan Limited, KCB Bank Tanzania Limited, KCB TMB Congo and KCB Bank Uganda Limited.
Annastacia Kimtai is a Kenyan banker, businesswoman and corporate executive, who serves as the managing director and chief executive officer of KCB Bank Kenya Limited, the Kenyan subsidiary of the KCB Group, a large multinational financial services conglomerate headquartered in Kenya with banking subsidiaries in the seven member countries of the East African Community.
KCB South Sudan was founded in 2005, following the cessation of hostilities between South Sudan and Sudan and the signing of the Comprehensive Peace Agreement (CPA) in Naivasha, Kenya. As of October 2013 [update] , KCB South Sudan maintained a network of 20 branches, serving over 138,000 deposit customers, representing 42% of all banking ...
As of June 2015, KCB Rwanda was a medium-sized financial service provider, with estimated total assets of about US$190.2 million (RWF:140 billion) and shareholders' equity of approximately US$16.3 million (RWF:12 billion).
[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).