KCB Bank Uganda Limited, also KCB Bank Uganda, 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 ...

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 ...

. It is licensed by the

Bank of Uganda The Bank of Uganda () is the central bank of Uganda. Established in 1966, by Act of Parliament, the bank is wholly owned by the government but is not a government department. History In 1979 and again in 1987, the Bank of Uganda managed to ma ...

, the

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.

Location

Te headquarters of KCB Bank Uganda are located at plot 56, Lohana Towers, Lugogo bypass in the

central business district A central business district (CBD) is the Commerce, commercial and business center of a city. It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides wit ...

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'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 Small means of insignificant size. Small may also refer to: Science and technology * SMALL, an ALGOL-like programming language * ''Small'' (journal), a nano-science publication * <small>, an HTML element that defines smaller text Arts and ...

. 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 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 ...

, a financial services conglomerate, headquartered in

Nairobi, Kenya Nairobi is the 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 phrase , which translates to 'place of cool waters', a reference to the Nairobi Riv ...

, with subsidiaries in Kenya,

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 ...

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 ...

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 ...

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 ...

and

, with a representative office in

Ethiopia Ethiopia, officially the Federal Democratic Republic of Ethiopia, is a landlocked country located in the Horn of Africa region of East Africa. It shares borders with Eritrea to the north, Djibouti to the northeast, Somalia to the east, Ken ...

. The shares of

stock Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporatio ...

of KCB Group are listed 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 ...

and are 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 ...

under the symbol: KCB. As of 30 June 2019, KCB Group had total assets of KES:746.51 billion (US$7.46 billion).

History

In November 2007, the first branch of KCB Bank Uganda opened in

, Uganda's capital city, following licensing by the Bank of Uganda. Since then, the bank has opened 15 more branches in the country. In November 2017, the bank marked 10 years of presence in the country. At that time, KCB had 16 branches, eight of them in Kampala and eight others in major cities and towns around Uganda.

Branch network

As of July 2020, KCB Uganda had 16 branches in all the regions of Uganda, including at the following locations. # Arua Branch -

Arua Arua is a city and commercial centre within the Arua District in the Northern Region, Uganda, Northern Region of Uganda. Location Arua is approximately north-west of Kampala, the capital and largest city of Uganda, Arua is about , by road, west ...

# Gulu Branch -

Gulu Gulu is a city in the Northern Region of Uganda. It is the commercial and administrative centre of Gulu District. The coordinates of the city of Gulu are 2°46'54.0"N 32°17'57.0"E. The city's distance from Kampala, Uganda's capital and large ...

# Lira Branch -

Lira Lira is the name of several currency units. It is the current Turkish lira, currency of Turkey and also the local name of the Lebanese pound, currencies of Lebanon and of Syrian pound, Syria. It is also the name of several former currencies, ...

# Fort Portal Branch -

Fort Portal Fort Portal formerly Kabarole () is a city located in the Western Region, Uganda, Western Region of Uganda. It is the seat of both Kabarole District and historically of the Tooro Kingdom. Etymology Fort Portal was named after British Diplomac ...

# Jinja Branch - Jinja # Hoima Branch -

Hoima Hoima is the second capital of Uganda. It is the main municipal, administrative, and commercial center of Hoima District. It is also the location of the palace of the Omukama of Bunyoro. Location Hoima is located approximately northwest of K ...

# Kampala Road Branch — Kampala Road,

(main branch) # Ben Kiwanuka Branch — Ben Kiwanuka Street, Kampala # Luwum Street Branch — Luwum Street, Kampala # Sixth Street Branch — Sixth Street, Industrial Area, Kampala # Oasis Mall Branch — Oasis Mall, Kampala Central Division, Kampala # Lugogo Branch - Lugogo, Kampala # Mbale Branch -

Mbale Mbale is a city in the Eastern Region of Uganda. It is the main municipal, administrative, and commercial center of Mbale District and the surrounding sub-region. Location Mbale is approximately northeast of Kampala, Uganda's capital city, on ...

# Mbarara Branch - High Street,

Mbarara Mbarara City is a city in the Western Region, Uganda, Western Region of Uganda and the second largest city in Uganda after Kampala. The city is divided into 6 boroughs of Kakoba Division, Kamukuzi Division, Nyamitanga Division, Biharwe Division, ...

# Forest Mall Branch - Forest Mall, Lugogo Bypass, Kampala

Governance

As of May 2021, the chairman of the

board of directors A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulatio ...

is Constant Othieno Mayende. The managing director is Edgar Byamah.

References

External links

KCB Group homepage

KCB Uganda homepage

Banks in 2019: Gap between highfliers and strugglers widens
As of 7 May 2019. {{Kampala District Banks of Uganda Companies based in Kampala 2007 establishments in Uganda Banks established in 2007 KCB Group