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.[3]
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).[4]
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.[4][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
- Banking in Uganda
- List of banks in Uganda
External links
References
- The Independent. Uganda: Othieno Mayende Is New Chairman of KCB Bank Uganda The Independent (Uganda), 29 April 2021, retrieved 2 May 2021^
- KCB Uganda. About Us: Our Leaders: Board of Directors: Agnes Mayanja Namyalo, Executive Director KCB Bank Uganda Limited, 21 March 2021, retrieved 21 March 2021^
- Bank of Uganda. List of licensed Commercial Banks as at 30 June 2020 Bank of Uganda, 30 June 2020, retrieved 21 July 2020^
- African Financials. KCB Group 2018 Annual Report: KCB Bank Uganda Africanfinancials.com, 31 December 2018, retrieved 21 July 2020^
- Nicholas Waitathu. KCB Group first quarter profit jumps 31pc The Standard (Kenya), 1 May 2014, retrieved 21 July 2020^
- The Independent. Cross-listed KCB banks on electronic trading The Independent (Uganda), 29 November 2008, retrieved 21 July 2020^
- James Anyanzwa. Equity, KCB buyouts: The making of $15b region's banking giants The EastAfrican, 16 September 2019, retrieved 21 July 2020^
- Nicholas Oneal. KCB Marks 10 Years In Uganda New Vision, 15 November 2017, retrieved 21 July 2020^
- Activists accuse major bank of suppressing protest over African oil pipeline The Independent, 2025-05-22, retrieved 2025-07-30^
- KCB Group. KCB Bank Uganda Limited: Our Leaders: Board of Directors Kenya Commercial Bank Group Limited, 2 May 2021, retrieved 2 May 2021^
- KCB Bank Uganda. KCB Bank Uganda: Contact Details KCB Bank Uganda Limited, 21 July 2020, retrieved 21 July 2020^
- {{google maps| url=https://www.google.com/maps/place/0%C2%B018'46.0%22N+32%C2%B035'12.0%22E/@0.3128982,32.5867157,117m/data=!3m1!1e3!4m5!3m4!1s0x0:0x0!8m2!3d0.3127778!4d32.5866667 |title=Location of headquarters of Kenya Commercial Bank Uganda Limited |access-date=21 July 2020}}^
- KCB Bank Uganda. KCB Bank Uganda: Branch Locator Kenya Commercial Bank Uganda Limited, 21 July 2020, retrieved 21 July 2020^
- The World Trade Review. KCB New Branch Drive Boosts Regional Trade The World Trade Review, April 2009, retrieved 21 July 2020^
- Mbatau wa Ngai. KCB Group In Rapid Growth Daily Monitor, 15 June 2008, retrieved 21 July 2020^
- Wambui Oyulu. KCB Ben Kiwanuka Opens New Vision, 20 January 2009, retrieved 21 July 2020^
- Mark Muhumuza. Kenya: Nation Bank Targets Small Regional Businesses East African Business Week, 18 October 2010, retrieved 20 April 2016^
- Michael Karanja. Kenya Commercial Bank Expands In Uganda 98.4 Capital FM, 25 November 2009, retrieved 27 November 2014^
- Ebenezer Bifubyeka. KCB Opens Mbarara Branch New Vision (Kampala), 17 June 2008, retrieved 27 November 2014^
- Ismail Musa Ladu. Bank of Uganda Mulls Agency Banking As It Moves Services Closer To The Public Daily Monitor, 26 November 2014, retrieved 27 November 2014^