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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]
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.
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).
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 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 ...
KCB Bank Burundi (KCB), part of KCB Group [5] CRDB Bank Burundi (CRDB), part of CRDB Bank Group; Banque Communautaire et Agricole du Burundi (BCAB) Banque d'Investissement pour les JEunes (BIJE), government-owned; Banque de l'Habitat du Burundi (BHB) Banque d'Investissement et de Développement pour les Femmes (BIDF), government-owned
Group CEO at Kenya Commercial Bank Group Paul Russo , (born c. 1976), is a Kenyan human resources management professional, businessman and corporate executive, who was appointed as the Group CEO at Kenya Commercial Bank Group effective 25 May 2022.
KCB Bank Tanzania Limited, also KCB Bank Tanzania, is a commercial bank in Tanzania. It is one of the twenty-nine (29) banks licensed by the Bank of Tanzania , the country's banking regulator. [ 1 ] The bank is a member of the Kenya Commercial Bank Group (KCB Group), headquartered in Nairobi , Kenya , with subsidiaries in Kenya , Rwanda , South ...