Kenya Commercial Bank South Sudan Limited, sometimes KCB South Sudan, is a

commercial bank A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit. It can also refer to a bank or a division of a larger bank that deals with whol ...

South Sudan South Sudan (), officially the Republic of South Sudan, is a landlocked country in East Africa. It is bordered on the north by Sudan; on the east by Ethiopia; on the south by the Democratic Republic of the Congo, Uganda and Kenya; and on the ...

. It is licensed by the

Bank of South Sudan The Bank of South Sudan (BoSS) is the central bank of the Republic of South Sudan. Established in July 2011, by an Act of Parliament (The Bank of South Sudan Act, 2011), it replaced the now defunct Bank of Southern Sudan, a former branch of the B ...

, the country's

central bank A central bank, reserve bank, national bank, or monetary authority is an institution that manages the monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the mo ...

and national banking regulator.

Kenya Commercial Bank Group

Kenya Commercial Bank 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 Limit ...

, also known as

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 Limit ...

, is a large financial services organization in

East Africa East Africa, also known as Eastern Africa or the East of Africa, is a region at the eastern edge of the Africa, African continent, distinguished by its unique geographical, historical, and cultural landscape. Defined in varying scopes, the regi ...

, 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 East Africa, also known as Eastern Africa or the East of Africa, is a region at the eastern edge of the Africa, African continent, distinguished by its unique geographical, historical, and cultural landscape. Defined in varying scopes, the regi ...

, comprising over 220 branches and over 400

automated teller machine An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account ...

s in Kenya, Burundi, Rwanda, South Sudan, Tanzania and Uganda. The companies that comprise the

include but are not limited to the following: *

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 m ...

Nairobi Nairobi is the Capital city, capital and largest city of Kenya. The city lies in the south-central part of Kenya, at an elevation of . The name is derived from the Maasai language, Maasai phrase , which translates to 'place of cool waters', a ...

Kenya Kenya, officially the Republic of Kenya, is a country located in East Africa. With an estimated population of more than 52.4 million as of mid-2024, Kenya is the 27th-most-populous country in the world and the 7th most populous in Africa. ...

KCB Bank Burundi Limited 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 ...

Bujumbura Bujumbura (; ), formerly Usumbura, is the economic capital, largest city and main port of Burundi. It ships most of the country's chief export, coffee, as well as cotton and tin ore. Bujumbura was formerly the country's political capital. In la ...

Burundi Burundi, officially the Republic of Burundi, is a landlocked country in East Africa. It is located in the Great Rift Valley at the junction between the African Great Lakes region and Southeast Africa, with a population of over 14 million peop ...

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 servi ...

Kigali Kigali () is the Capital (political), capital and largest city of Rwanda. It is near the nation's geographic centre in a region of rolling hills, with a series of valleys and ridges joined by steep slopes. As a primate city, Kigali is a relativ ...

Rwanda Rwanda, officially the Republic of Rwanda, is a landlocked country in the Great Rift Valley of East Africa, where the African Great Lakes region and Southeast Africa converge. Located a few degrees south of the Equator, Rwanda is bordered by ...

* KCB Bank South Sudan Limited -

Juba Juba is the capital and largest city of South Sudan. The city is situated on the White Nile and also serves as the capital of the Central Equatoria, Central Equatoria State. It is the most recently declared national capital and had a populatio ...

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 ...

Dar es Salaam Dar es Salaam (, ; from ) is the largest city and financial hub of Tanzania. It is also the capital of the Dar es Salaam Region. With a population of over 7 million people, Dar es Salaam is the largest city in East Africa by population and the ...

Tanzania Tanzania, officially the United Republic of Tanzania, is a country in East Africa within the African Great Lakes region. It is bordered by Uganda to the northwest; Kenya to the northeast; the Indian Ocean to the east; Mozambique and Malawi to t ...

KCB Bank Uganda Limited KCB Bank Uganda Limited, also KCB Bank Uganda, is a commercial bank in Uganda, a wholly owned subsidiary of the KCB Group, a financial services conglomerate, Kenya's largest bank. It is licensed by the Bank of Uganda, the central bank and nat ...

Kampala Kampala (, ) is the Capital city, capital and largest city of Uganda. The city proper has a population of 1,875,834 (2024) and is divided into the five political divisions of Kampala Central Division, Kampala, Kawempe Division, Kawempe, Makindy ...

Uganda Uganda, officially the Republic of Uganda, is a landlocked country in East Africa. It is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the ...

* Savings & Loan Kenya Limited - Nairobi, Kenya * KCB Foundation Limited - Nairobi, Kenya * KCB Sports Sponsorship Limited - Nairobi, Kenya The stock of

is traded on the

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 ...

. The stock is cross listed on the

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 ...

, the

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 o ...

and on the

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 ...

under the symbol KCB.

History

KCB South Sudan was founded in 2005, following the cessation of hostilities between

and

Sudan Sudan, officially the Republic of the Sudan, is a country in Northeast Africa. It borders the Central African Republic to the southwest, Chad to the west, Libya to the northwest, Egypt to the north, the Red Sea to the east, Eritrea and Ethiopi ...

and the signing of the

Comprehensive Peace Agreement The Comprehensive Peace Agreement (CPA, ), also known as the Naivasha Agreement, was an accord signed on 9 January 2005, by the Sudan People's Liberation Movement (SPLM) and the Government of Sudan. The CPA was meant to end the Second Sudane ...

(CPA) in

Naivasha Naivasha is a town in Nakuru County, Kenya, north west of Nairobi. From 1969, the population expanded by a factor of 17 times to over 355,383 at the 2019 census. It is situated on the shores of Lake Naivasha, from which it takes its name. The ...

. , KCB South Sudan maintained a network of 20 branches, serving over 138,000 deposit customers, representing 42% of all banking business in the country at that time.

Ownership

KCB South Sudan is a subsidiary, owned 100% by the

, based in

Branch network

, Kenya Commercial Bank South Sudan Limited, maintained its headquarters in

, the capital of

and that country's largest city. The bank had a total of 19 networked branches in the various cities and towns in the country. Also in January 2014, KCB South Sudan closed its branches in

Bentiu Bentiu, also spelled Bantiu, is a city in South Sudan. It is the capital of Unity State. Location Bentiu is located in Rubkona County, Unity State, in the Greater Upper Nile region of South Sudan, near the international border with the Republic ...

Bor Bor may refer to: Places Populated places * Bor (Tachov District), a town in Plzeň Region, Czech Republic * Bor, Petnjica, Montenegro * Bor, Russia, the name of many inhabited localities in Russia * Bor District, a district in Serbia ** Bor, Se ...

and

Malakal Malakal is a city in South Sudan, serving as the capital of Upper Nile (state), Upper Nile State in the Greater Upper Nile region of South Sudan, along the White Nile, White Nile River. It also serves as the headquarter of Malakal County and it us ...

, due to the then prevailing civil war in the country.

References

External links