KCB Bank Kenya Limited

As of December 2015, KCB Bank Kenya was the largest commercial bank in Kenya with assets of more than US$3.681 billion (KES:366 billion) and US$2.776 billion (KES:276 billion) in customer deposits.{{cite web|url=http://allafrica.com/stories/201604190101.html|title=Kenya: Local and Foreign Suitors Jostle to Buy Chase Bank|last=Achuka|first=Vincent|date=16 April 2016|location=Nairobi|access-date=19 April 2016|newspaper=Daily Nation via AllAfrica.com}} In August 2021, the bank recorded a customer deposit growth to USD$5.47 billion (KES:601.7 billion) and had an asset base value of USD$7.09 billion (KES:7.09 billion). During that time, it had 201 branches, 397 ATM machines, and registered 15,273 Agents and Merchant outlets spread across Kenya.

KCB Bank Kenya roots trace back to July 1896 when its parent company, KCB Group, was formed as a branch of the National Bank of India in Mombasa. In 1958, Grindlays Bank merged with the National Bank of India to form the National and Grindlays Bank. Upon independence, the Government of Kenya acquired 60% shareholding in National & Grindlays Bank. In 1970, the Government took full control of the bank and renamed it to Kenya Commercial Bank Group.{{Cite web|url=https://ke.kcbbankgroup.com/media/financial_reports/KCB_Shareholders_Circular_2014_2.pdf|title=Ratification of Incorporation of Wholly Owned Subsidiary And Proposal For The Transfer of Banking Business, Assets And Liabilities To That Subsidiary|last=KCBGL|date=22 April 2015|publisher=KCB Group Limited (KCBGL)|location=Nairobi|access-date=20 April 2016}}

KCB Bank Kenya, as it is now known, was incorporated in 2015 as a result of the corporate restructure of Kenya Commercial Bank Group (KCB Group). Prior to 2015, KCB Group was both a licensed bank and a holding company for its subsidiaries. This was in compliance with the Kenya Finance Act No.57 of 2012. KCB Group Limited announced, in April 2015, its intention to incorporate a new wholly owned subsidiary, KCB Bank Kenya Limited, to which it would transfer its Kenyan banking business, assets and liabilities. The re-organisation converted KCB Group Limited into a non-trading holding company that owns both banking and non-banking subsidiary companies.

In 2016, KCB Group PLC was registered as a non-operating holding company to manage and oversee all KCB regional units in Kenya, Tanzania, South Sudan, Uganda, Rwanda, Burundi and Ethiopia. {{Cite web|url=https://kcbgroup.com/our-history/|title=Update 2016: KCB Group Limited|publisher=KCB Group Limited (KCBGL)|location=Nairobi}} In 2019, KCB Group PLC acquired National Bank of Kenya.{{cite news|

url=https://www.reuters.com/article/kenya-kcb-group-idUKL8N29E0LL |title=Kenya's KCB Group injects 5 bln shillings into NBK after acquisition |date=9 January 2020 |work=Reuters |access-date=20 January 2020}}

KCB Bank Kenya Limited is a 100 percent subsidiary of KCB Group. Shares of KCB Group are listed on the Nairobi Stock Exchange (NSE), under the symbol (KCB). The group's stock is also cross listed on the Uganda Securities Exchange (USE), the Rwanda Stock Exchange (RSE) and the Dar es Salaam Stock Exchange (DSE).{{cite web|url=https://www.theeastafrican.co.ke/business/Cross-listed-stocks-could-cut-growth-of-bourses/-/2560/3055844/-/w12fde/-/index.html|title=Cross-listed stocks could cut growth of bourses|last=Anyanzwa|first=James|date=30 January 2016|location=Nairobi|access-date=20 April 2016|newspaper=The EastAfrican}}

{{main|KCB Group Limited}}

KCB Bank Kenya Limited is a member of the KCB Group of companies. KCB Group companies include:{{cite web|url=https://www.capitalfm.co.ke/business/2015/05/kcb-shareholders-approve-new-structural-changes/ |title=Kenya KCB Shareholders Approve New Structural Changes |date=15 May 2015 | work=Capital FM Kenya |author=Margaret Wahito |

access-date=22 February 2024 |location=Nairobi, Kenya}}{{cite web|work=The Standard (Kenya) |date=16 May 2015 | url=https://www.standardmedia.co.ke/business/business/article/2000162395/shareholders-approve-formation-of-kcb-group-limited |

title=Shareholders approve formation of KCB Group Limited |

author=Jackson Okoth |access-date=22 February 2024 | location=Nairobi, Kenya}}

• KCB Bank Kenya Limited – Nairobi, Kenya
• National Bank of Kenya – Nairobi, Kenya
• KCB Bank Burundi Limited – Bujumbura, Burundi
• KCB Bank Rwanda Limited – Kigali, Rwanda
• KCB Bank South Sudan Limited – Juba, South Sudan
• KCB Bank Tanzania Limited – Dar es Salaam, Tanzania
• KCB Bank Uganda Limited – Kampala, Uganda
• Trust Merchant Bank - Lubumbashi, DR Congo
• KCB Foundation Limited, Nairobi, Kenya
• KCB Capital Limited, Nairobi, Kenya
• KCB Insurance Agency Limited, Nairobi, Kenya
• KCB Sports Sponsorship Limited – Nairobi, Kenya

As of August 2021, KCB Group had a total of 354 branches, 1,103 ATM machines, and 15,273 bank agents and merchant outlets throughout all of its subsidiaries. It has the largest number of own-branded ATMs in Kenya. At that time, the Group had 26.8 million customers marking it the largest in the region.{{cite web |title=KCB H1 Investor Presentation |url=https://kcbgroup.com/wp-content/uploads/2021/08/KCB-Group-Plc-H1-2021-Investor-Presentation.pdf |access-date=7 September 2021}}

The chairman of the KCB Group board of directors is FCS Dr. Joseph Kinyua,{{Cite web|url=https://kcbgroup.com/governance/|title = KCB Group Limited}} and the chief executive officer and managing director of the group is Paul Russo.{{Cite web |last=KCBGL |title=Our Leadership |url=https://kcbgroup.com/governance/ |access-date=20 April 2016 |publisher=KCB Group Limited (KCBGL) |location=Nairobi}}

{{Portal|Banks}}

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• KCB Group
• KCB Burundi
• KCB Rwanda
• KCB South Sudan
• KCB Tanzania
• KCB Uganda
• Kenya Banks

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{{Kenya Commercial Bank}}

{{Banking in Kenya}}

Category:Banks of Kenya

Category:Companies based in Nairobi

Category:Banks established in 2015

Category:Kenyan brands

Category:KCB Group

Category:Kenyan companies established in 2015

ca:Kenya Commercial Bank