KCB Bank Rwanda Limited

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KCB Bank Rwanda Limited
Subsidiary
Industry Banking
Founded 2008 (2008)
Headquarters Kigali, Rwanda
Key people
Tom Ipomai (Chairman), George Odhiambo (Managing Director)[1]
Products Loans, Debit cards, savings, investments, mortgages, Transaction accounts
Revenue Increase Aftertax: US$2.5 million (RWF:2.1 billion) (FY:2015)
Total assets US$181 million (RWF:150 billion) (Q3:2016).[2]
Number of employees
220+ (2010)
Parent KCB Group
Website www.kcbgroup.com/rw/

KCB Bank Rwanda is a commercial bank in Rwanda and a subsidiary of Kenyan KCB Group. It is one of the banks licensed by the National Bank of Rwanda, the country's banking regulator.[3]

As of June 2015, KCB Rwanda was a medium-sized financial service provider, with estimated total assets of about US$190.2 million (RWF:140 billion) and shareholders' equity of approximately US$16.3 million (RWF:12 billion).[2]

History[edit]

In December 2008, KCB Rwanda commenced banking services in Kigali, following licensing by the National Bank of Rwanda. Since then, the bank has opened fourteen (14) branches in the country.[2] KCB Rwanda is a 100% subsidiary of the KCB Group.

Branch network[edit]

As of November 2015, KCB Rwanda has a network of fourteen (14) branches across the country. Among the locations where the bank maintains branches are the following:[4][5]

  1. Main Branch - Avenue de la Paix, Kigali
  2. Kimironko Branch — Kimironko, Kigali
  3. Nyabugogo Branch — Nyabugogo, Kigali
  4. Remera Branch — Remera, Kigali
  5. Musanze Branch - Musanze
  6. Rubavu Branch - Rubavu
  7. Muhanga Branch - Muhanga
  8. Huye Branch - Huye
  9. Rusizi Branch - Rusizi
  10. Kayonza Branch- Kayonza
  11. Nyarutarama Branch - Nyarutarama MTN Service Centres

See also[edit]

References[edit]

  1. ^ Ondari, Justus (25 April 2010). "KCB bets big on Rwanda". Daily Nation. Nairobi. Retrieved 1 November 2015. 
  2. ^ a b c Muyagu, Triphomus (31 August 2015). "Rwanda: KCB Registers 37 Percent Growth in Total Assets". The Rwanda Focus via AllAfrica.com. Kigali. Retrieved 1 November 2015. 
  3. ^ BNR (1 November 2015). "List of Licensed Banks In Rwanda As At November 2015" (PDF). Kigali: National Bank of Rwanda (BNR). Archived from the original (PDF) on 14 July 2015. Retrieved 1 November 2015. 
  4. ^ Muyagu, Triphomus (29 October 2015). "Rwanda: KCB Upgrades Nyarutarama Branch". The Rwanda Focus via AllAfrica.com. Kigali. Retrieved 1 November 2015. 
  5. ^ KCB Group (1 November 2015). "Location of the Branches of KCB Rwanda". Kenya Commercial Bank Group. Retrieved 1 November 2015.