Type Private Website Homepage Founded 2009 Parent organization United Bank for Africa | Industry Financial Services Headquarters Nairobi, Kenya Number of employees 70 (2016) | |
Key people Isaac Mwige
Managing Director Products Loans, Checking, Savings, Investments, Debit Cards Revenue Aftertax:US$683,259 (KES:68 million) (H1:2016) | ||
United Bank for Africa (Kenya) Limited (UBAKL), commonly referred to as UBA Kenya, is a commercial bank in Kenya. It is licensed and supervised by the Central Bank of Kenya, the central bank and national banking regulator.
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Overview
The bank is a small-sized commercial bank in Kenya, the largest economy in the East African Community. UBA Kenya Limited is a subsidiary of the Nigerian financial conglomerate United Bank for Africa Plc, with subsidiaries in 20 African countries, the United States, the United Kingdom and France.
History
Established in 2009, with capital investment of KES:2.5 billion (approx. US$25 million), the bank has accumulated losses of KES:1.4 billion (approx. 14 million) in the seven years that followed. UBA Kenya made a profit for the first time during the first half of 2016.
Ownership
United Bank for Africa (Kenya) is a wholly owned subsidiary of United Bank for Africa, headquartered in Lagos, Nigeria.
Branches
The bank maintains networked branches at the following locations:
- Wetlands Branch - Apollo Centre, Westlands, Nairobi (Main Branch)
- Upper Hill Branch - NHIF Building, Upper Hill, Nairobi
- Industrial Area Branch - Industrial Area, Enterprise Road, Nairobi