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KCB Bank Kenya Limited
KCB Bank Kenya Limited is a financial services provider headquartered in Nairobi, Kenya. It is licensed as a commercial bank, by the Central Bank of Kenya, the national banking regulator. The bank has also been running an agency banking model. Overview As of December 2015, KCB Bank Kenya was the largest commercial bank in Kenya, with assets of more than US$3.681 billion (KES:366 billion) and US$2.776 billion (KES:276 billion) in customer deposits. In August 2021, the bank recorded a customer deposit growth to USD$5.47 billion (KES:601.7 billion) and had an asset base value of USD$7.09 billion (KES:7.09 billion). During that time, it had 201 branches, 397 ATMs, and registered 15,273 agents and merchant outlets spread across Kenya. History KCB Bank Kenya began in July 1896 when its parent company, KCB Group, was formed as a branch of the National Bank of India in Mombasa. In 1958, Grindlays Bank merged with the National Bank of India to form the National and Grindlays ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KCB Group
KCB Group Limited, also known as the KCB Group, is a financial services Bank holding company, 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, Trust Merchant Bank, KCB TMB Congo and KCB Bank Uganda Limited. Overview As of June 2023, the Group had assets of US$12.84 billion (KSh:1.86 trillion) with shareholders' equity of US$1.5 billion (KSh:US$218 billion). In July 2015, news media reported that the group was pursuing expansion plans into the Democratic Republic of the Congo, Ethiopia, and Mozambique. History The history of Kenya Commercial Bank Limited dates back to July 1896, when its predecessor, the ANZ Grindlays Bank#National Bank of India, National Bank of India (NBI), opened a branch in Mombasa to handle the business that the port was attracting at that time ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grindlays Bank
The historic overseas bank was established in London in 1828 as Leslie & Grindlay, agents and bankers to the British Army and business community in India. Banking operations expanded to include the Indian subcontinent, the Middle East and elements of Africa and Southeast Asia. It was styled Grindlay, Christian & Matthews in 1839, Grindlay & Co from 1843, Grindlay & Co Ltd from 1924 and Grindlays Bank Ltd in 1947 until its merger with the National Bank of India. The National Bank of India was formed in 1863 and became one of the larger London overseas banks operating not only in the Indian sub-continent but in communities around the Indian Ocean. In 1948 it merged with the smaller Grindlays Bank Ltd, renaming itself National and Grindlays Bank Ltd some ten years later.Geoffrey Tyson, 100 Years of Banking in Asia and Africa, (1963) Following further acquisitions, its name was shortened to Grindlays Bank in 1974, and then renamed ANZ Grindlays Bank when it was taken over by Austra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dar Es Salaam Stock Exchange
The Dar es Salaam Stock Exchange (DSE) is a stock exchange located on Ohio Street, west of Kivukoni, south east of Dar es Salaam, the commercial capital and largest city in Tanzania. It was incorporated in September 1996 and trading started in April 1998. It is a member of the African Stock Exchanges Association and the World Federation of Exchanges. The exchange is open five days a week, from Monday through Friday. The trading days are weekly from Monday to Friday, starting from 10.00 am to 14.00 pm. The activities of the exchange are monitored and supervised by the Capital Markets and Securities Authority (CMSA). The DSE operates in close association with the Nairobi Securities Exchange in Kenya and the Uganda Securities Exchange in Uganda. Plans are underway to integrate the three to form a single East African bourse. History Incorporation The Dar es Salaam Stock Exchange was established by the capital markets and security authority under the Capital Markets and Securitie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rwanda Stock Exchange
Rwanda Stock Exchange Limited (RSE) is a Rwandan Stock Exchange and was incorporated on 7 October 2005. The Stock Exchange was demutualized from the start as it was registered as a company limited by shares. The company was officially launched on 31 January 2011. History The exchange's doors opened for trading on 31 January 2011. That day coincided with the first day of trading in the stock of Rwanda's only brewery, Bralirwa, which trades under the symbol BLR. The Rwanda Stock Exchange replaced the Rwanda Over The Counter Exchange that had been in operation since January 2008, with two companies listed, namely Kenya Commercial Bank Group (KCB) listed on 18 June 2009 and National Media Group (NMG) listed on 2 November 2010. Expansion Having successfully launched Bralirwa as its pioneer initial public offering (IPO), RSE's second IPO was Bank of Kigali, launched on 31 June 2011. On 14 April 2015, Crystal Ventures announced its intention to have an initial public offering (IPO) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uganda Securities Exchange
The Uganda Securities Exchange (USE) is the principal stock exchange of Uganda. It was founded in June 1997. The USE is operated under the jurisdiction of Uganda's Capital Markets Authority, which in turn reports to the Bank of Uganda, Uganda's central bank. The exchange opened to trading in January 1998. At that time, the exchange had just one listing, a bond issued by the East African Development Bank. Trading was limited to only a handful of trades per week. As of July 2014, the USE traded 16 listed local and East African companies and had started the trading of fixed income instruments. The exchange is a member of the African Stock Exchanges Association. The USE operates in close association with the Dar es Salaam Stock Exchange in Tanzania, the Rwanda Stock Exchange, and the Nairobi Stock Exchange in Kenya. According to published reports in 2013, there were plans to integrate the four exchanges to form a single East African bourse. Uganda All Stock Index (ALSIUG) is t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nairobi Stock Exchange
The Nairobi Securities Exchange (NSE) was established in 1954 as the Nairobi Stock Exchange, based in Nairobi the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in British Kenya. The exchange had 66 listed companies in February 2021. History Founding Nairobi Stock Exchange (1954-1999) The Nairobi Stock Exchange was established in 1954 in Nairobi, the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in British Kenya. Previous to its founding, dealing in shares and stocks started in the 1920s when it was the British colonial Kenya Colony (1920−1963), a part of the British Empire. A stock exchange was first floated in 1922 at the Exchange Bar in the Stanley Hotel in Nairobi. However, the market was not formal as there did not exist any rules and regulations to govern stock broking activities. Trading took place on a ‘ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank Of Kenya
National Bank of Kenya (NBK), also known as National Bank, is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya, the central bank, and national banking regulator. Effective September 2019, the bank is a wholly owned subsidiary of the Kenya Commercial Bank Group. Overview NBK is a large financial services provider in Kenya, serving individuals, small-to-medium companies and businesses (SMEs) and large corporations. Headquartered in Nairobi, the bank owns one subsidiary company: NatBank Trustee and Investment Services Limited. , National Bank of Kenya's asset base was valued at approximately US$1.122 billion (KES:115.143 billion), with shareholders' equity valued at about US$67.6 million (KES:6.936 billion). Following the acquisition of the shares of NBK by KCB Group in September 2019, the shares of NBK were de-listed from the Nairobi Securities Exchange on 16 September 2019. History The bank was established ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KCB Group
KCB Group Limited, also known as the KCB Group, is a financial services Bank holding company, 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, Trust Merchant Bank, KCB TMB Congo and KCB Bank Uganda Limited. Overview As of June 2023, the Group had assets of US$12.84 billion (KSh:1.86 trillion) with shareholders' equity of US$1.5 billion (KSh:US$218 billion). In July 2015, news media reported that the group was pursuing expansion plans into the Democratic Republic of the Congo, Ethiopia, and Mozambique. History The history of Kenya Commercial Bank Limited dates back to July 1896, when its predecessor, the ANZ Grindlays Bank#National Bank of India, National Bank of India (NBI), opened a branch in Mombasa to handle the business that the port was attracting at that time ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KCB Bank Rwanda Limited
KCB Bank Rwanda was a commercial bank in Rwanda and a subsidiary of Kenyan KCB Group. It was one of the banks licensed by the National Bank of Rwanda, the country's banking regulator. 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). 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 fourteen (14) branches in the country. KCB Rwanda is a 100% subsidiary of the KCB Group. Following the acquisition of BPR by KCB Group, KCB Rwanda was merged into Banque Populaire du Rwanda to form BPR Bank Rwanda Plc, making it the country's second largest bank. Branch network , KCB Rwanda had a network of 14 branches across the country. This includes the following: * Main Branch - Avenue de la Paix, Kigali * Kimironko ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KCB Bank Uganda Limited
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. Location Te headquarters of KCB Bank Uganda are located at plot 56, Lohana Towers, Lugogo bypass in the central business district of Kampala, Uganda's capital city. 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). 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. The shares of st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KCB Bank South Sudan Limited
Kenya Commercial Bank South Sudan Limited, sometimes KCB South Sudan, is a commercial bank in South Sudan. It is licensed by the Bank of South Sudan, the country's central bank and national banking regulator. Kenya Commercial Bank Group Kenya Commercial Bank Group, also known as KCB Group, is a large financial services organization in East Africa, whose total assets were valued at approximately US$4.57 billion (KES:385.2 billion), as of 30 September 2013. , KCB Group had the widest network of banking outlets in Eastern Africa, comprising over 220 branches and over 400 automated teller machines in Kenya, Burundi, Rwanda, South Sudan, Tanzania and Uganda. The companies that comprise the KCB Group include but are not limited to the following: * KCB Bank Kenya Limited - Nairobi, Kenya * KCB Bank Burundi Limited - Bujumbura, Burundi * KCB Bank Rwanda Limited - Kigali, Rwanda * KCB Bank South Sudan Limited - Juba, South Sudan * KCB Bank Tanzania Limited - Dar es Salaam, Tanzania ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KCB Bank Tanzania Limited
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. The bank is a member of the Kenya Commercial Bank Group (KCB Group), headquartered in Nairobi, Kenya, with subsidiaries in Kenya, Rwanda, South Sudan, Tanzania and Uganda. External links Website of KCB (Tanzania)Website of Kenya Commercial Bank GroupWebsite of Bank of Tanzania See also * List of banks in Tanzania * KCB Group * Bank of Tanzania The Bank of Tanzania () is the central bank of the Tanzania, United Republic of Tanzania. It is responsible for issuing the national currency, the Tanzanian shilling. The bank was established under the Bank of Tanzania Act 1965. However, in 19 ... References Banks of Tanzania Economy of Dar es Salaam Kenya–Tanzania relations KCB Group {{Tanzania-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |