Trisha Shetty (Editor)

KCB Bank Burundi Limited

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Type
  
Private

Website
  
Homepage

Founded
  
2012

Total assets
  
33.6 million USD (2015)

Industry
  
Banking

Headquarters
  
Bujumbura

Number of employees
  
20

Parent organization
  
KCB Group Limited

KCB Bank Burundi Limited httpsuploadwikimediaorgwikipediacommonsthu

Key people
  
Catherine Kola Chairperson 'Gloria Nyambok Managing Director

Products
  
Loans, credit cards, savings, investments, mortgages

KCB Bank Burundi Limited, also Kenya Commercial Bank Burundi, or KCB Burundi, is a commercial bank in Burundi, licensed by the Bank of the Republic of Burundi, the national banking regulator.

Contents

Overview

As of December 2015, the parent Kenya Commercial Bank Group had total assets valued at bank's total assets were valued at KSh558 billion. (approx. US$5.613 billion KCB Burundi comprises 0.6 percent of the Group's total assets. Therefore, it is estimated that the bank's total assets were approximately US$33.6 million (KSh3.34 billion), as of December 2015. *Note US$1.00 = KSh99.71 on 15 April 2016

KCB Group

The bank is a member of the Kenya Commercial Bank Group (KCB Group), headquartered in Nairobi, Kenya, with subsidiaries in six East African countries. As of December 2012 KCB Group was the largest financial services organization in East Africa, by total assets and branch network. The Group has the widest network of banking outlets comprising over 225 branches and over 400 automated teller machines in Kenya, Burundi, Rwanda, South Sudan, Tanzania and Uganda.

History

In February 2012, KCB Group received regulatory approval to establish a subsidiary in Burundi. KCB Burundi commenced provision of banking services on 8 May 2012, having been granted a commercial banking license on 18 April 2012. KCB Group became the first financial services group to establish subsidiaries in all countries of the East African Community.

Branches

As of May 2012, KCB Burundi maintained a network of branches at the following locations:

  1. Main Branch - Bujumbura
  2. Second Branch - Bujumbura

References

KCB Bank Burundi Limited Wikipedia