KCB Bank Uganda Limited

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KCB Bank Uganda Limited
Company typeSubsidiary of Kenya Commercial Bank Group
USE :KCB
NSE :KCB
IndustryBanking
Founded2007;18 years ago (2007)
HeadquartersCommercial Plaza
Kampala Road
Kampala, Uganda
Key people
Constant Othieno Mayende
(chairman) [1]
Edgar Byamah
(CEO)
Agnes Namyalo
(executive director) [2]
ProductsLoans, credit cards, savings, investments, mortgages
RevenueIncrease2.svg Aftertax: KES:377 million (US$3.54 million) (2018) [3]
Total assets KES:18.77 billion (US$176 million) (2018) [3]
Number of employees
420 (2015)
Website ug.kcbgroup.com

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 national banking regulator. [4]

Contents

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). [3]

Kenya Commercial Bank Group

Kenya Commercial Bank Uganda is a wholly owned subsidiary of the Kenya Commercial Bank 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. [3] [5] 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. [6] As of 30 June 2019, KCB Group had total assets of KES:746.51 billion (US$7.46 billion). [7]

History

In November 2007, the first branch of KCB Bank Uganda opened in Kampala, 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. [8]

KCB is a co-financier of EACOP. In March 2025, eleven activists who peacefully delivered a petition to stop funding the project at KCBs Kampala branch were arrested and taken to a maximum security prison. [9]

Governance

As of May 2021, the chairman of the board of directors iwa Constant Othieno Mayende. [1] The managing director is Edgar Byamah. [10]

Location and branches

KCB Bank Uganda's headquarters are located at plot 56, Lohana Towers, Lugogo bypass in the central business district of Kampala, Uganda's capital city. [11] 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). [12]

As of July 2020, KCB Uganda had 16 branches in all the regions of Uganda, including at the following locations. [13]

  1. Arua Branch - Arua
  2. Gulu Branch - Gulu
  3. Lira Branch - Lira
  4. Fort Portal Branch - Fort Portal
  5. Jinja Branch - Jinja
  6. Hoima Branch - Hoima [14]
  7. Kampala Road Branch — Kampala Road, Kampala (main branch) [15]
  8. Ben Kiwanuka Branch — Ben Kiwanuka Street, Kampala [16]
  9. Luwum Street Branch — Luwum Street, Kampala
  10. Sixth Street Branch — Sixth Street, Industrial Area, Kampala
  11. Oasis Mall Branch — Oasis Mall, Kampala Central Division, Kampala
  12. Lugogo Branch - Lugogo, Kampala [17]
  13. Mbale Branch - Mbale [18]
  14. Mbarara Branch - High Street, Mbarara [19]
  15. Forest Mall Branch - Forest Mall, Lugogo Bypass, Kampala [20]

See also

References

  1. 1 2 The Independent (29 April 2021). "Uganda: Othieno Mayende Is New Chairman of KCB Bank Uganda" (via AllAfrica.com). The Independent (Uganda) . Kampala. Retrieved 2 May 2021.
  2. ↑ KCB Uganda (21 March 2021). "About Us: Our Leaders: Board of Directors: Agnes Mayanja Namyalo, Executive Director". Kampala, Uganda: KCB Bank Uganda Limited. Archived from the original on 14 October 2022. Retrieved 21 March 2021.
  3. 1 2 3 4 African Financials (31 December 2018). "KCB Group 2018 Annual Report: KCB Bank Uganda". Africanfinancials.com. Retrieved 21 July 2020.
  4. ↑ Bank of Uganda (30 June 2020). "List of licensed Commercial Banks as at 30 June 2020" (PDF). Kampala: Bank of Uganda. Archived from the original (PDF) on 14 October 2022. Retrieved 21 July 2020.
  5. ↑ Nicholas Waitathu (1 May 2014). "KCB Group first quarter profit jumps 31pc". The Standard (Kenya) . Nairobi. Retrieved 21 July 2020.
  6. ↑ The Independent (29 November 2008). "Cross-listed KCB banks on electronic trading". The Independent (Uganda) . Kampala. Retrieved 21 July 2020.
  7. ↑ James Anyanzwa (16 September 2019). "Equity, KCB buyouts: The making of $15b region's banking giants". The EastAfrican . Nairobi. Retrieved 21 July 2020.
  8. ↑ Nicholas Oneal (15 November 2017). "KCB Marks 10 Years In Uganda". New Vision . Kampala. Retrieved 21 July 2020.
  9. ↑ "Activists accuse major bank of suppressing protest over African oil pipeline". The Independent. 22 May 2025. Retrieved 30 July 2025.
  10. ↑ KCB Group (2 May 2021). "KCB Bank Uganda Limited: Our Leaders: Board of Directors". Nairobi: Kenya Commercial Bank Group Limited. Archived from the original on 14 October 2022. Retrieved 2 May 2021.
  11. ↑ KCB Bank Uganda (21 July 2020). "KCB Bank Uganda: Contact Details". Kampala: KCB Bank Uganda Limited. Archived from the original on 22 July 2020. Retrieved 21 July 2020.
  12. ↑ "Location of headquarters of Kenya Commercial Bank Uganda Limited" (Map). Google Maps . Retrieved 21 July 2020.
  13. ↑ KCB Bank Uganda (21 July 2020). "KCB Bank Uganda: Branch Locator". Kampala: Kenya Commercial Bank Uganda Limited. Archived from the original on 21 July 2020. Retrieved 21 July 2020.
  14. ↑ The World Trade Review (April 2009). "KCB New Branch Drive Boosts Regional Trade". The World Trade Review. Archived from the original (Archived from the original on 4 December 2014) on 4 December 2014. Retrieved 21 July 2020.
  15. ↑ Mbatau wa Ngai (15 June 2008). "KCB Group In Rapid Growth". Daily Monitor . Kampala. Archived from the original on 21 July 2020. Retrieved 21 July 2020.
  16. ↑ Wambui Oyulu (20 January 2009). "KCB Ben Kiwanuka Opens". New Vision . Kamala. Retrieved 21 July 2020.
  17. ↑ Muhumuza, Mark (18 October 2010). "Kenya: Nation Bank Targets Small Regional Businesses". East African Business Week . Kampala. Retrieved 20 April 2016.
  18. ↑ Karanja, Michael (25 November 2009). "Kenya Commercial Bank Expands In Uganda". Nairobi: 98.4 Capital FM . Retrieved 27 November 2014.
  19. ↑ Bifubyeka, Ebenezer (17 June 2008). "KCB Opens Mbarara Branch". New Vision (Kampala). Archived from the original on 5 December 2014. Retrieved 27 November 2014.
  20. ↑ Ladu, Ismail Musa (26 November 2014). "Bank of Uganda Mulls Agency Banking As It Moves Services Closer To The Public". Daily Monitor . Kampala. Retrieved 27 November 2014.
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