Kenya Commercial Bank South Sudan Limited, sometimes KCB South Sudan, is a

commercial bank A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with co ...

South Sudan South Sudan (; din, Paguot Thudän), officially the Republic of South Sudan ( din, Paankɔc Cuëny Thudän), is a landlocked country in East Africa. It is bordered by Ethiopia, Sudan, Central African Republic, Democratic Republic of the ...

. It is licensed by the Bank of South Sudan, the country's

central bank A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central b ...

and national banking regulator.

Kenya Commercial Bank Group

Kenya Commercial Bank Group KCB Group Limited, also known as the KCB Group, is a financial services holding company based in the African Great Lakes region. The Group's headquarters are in Nairobi, Kenya, with its subsidiaries being KCB Bank Kenya Limited, KCB Bank Burundi L ...

, also known as

KCB Group KCB Group Limited, also known as the KCB Group, is a financial services holding company based in the African Great Lakes region. The Group's headquarters are in Nairobi, Kenya, with its subsidiaries being KCB Bank Kenya Limited, KCB Bank Burundi L ...

, is a large financial services organization in East Africa, whose total assets were valued at approximately US$4.57 billion (KES:385.2 billion), as of 30 September 2013. , KCB Group had the widest network of banking outlets in

Eastern Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territories make up Eastern Africa: Due to the historica ...

, comprising over 220 branches and over 400

automated teller machine An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, fun ...

s in Kenya, Burundi, Rwanda, South Sudan, Tanzania and Uganda. The companies that comprise the

include but are not limited to the following: *

KCB Bank Kenya Limited KCB Bank Kenya Limited is a financial services provider headquartered in Nairobi, Kenya. It is licensed as a commercial bank, by the Central Bank of Kenya, the national banking regulator. The bank has also been running Agency banking mode ...

Nairobi Nairobi ( ) is the capital and largest city of Kenya. The name is derived from the Maasai phrase ''Enkare Nairobi'', which translates to "place of cool waters", a reference to the Nairobi River which flows through the city. The city proper h ...

Kenya ) , national_anthem = " Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi ...

KCB Bank Burundi Limited KCB Group Limited, also known as the KCB Group, is a financial services holding company based in the African Great Lakes region. The Group's headquarters are in Nairobi, Kenya, with its subsidiaries being KCB Bank Kenya Limited, KCB Bank Burundi L ...

- Bujumbura, Burundi *

KCB Bank Rwanda Limited KCB Bank Rwanda was a commercial bank in Rwanda and a subsidiary of Kenyan KCB Group. It was one of the banks licensed by the National Bank of Rwanda, the country's banking regulator. As of June 2015, KCB Rwanda was a medium-sized financial servi ...

- Kigali, Rwanda * KCB Bank South Sudan Limited -

Juba Juba () is the capital and largest city of South Sudan. The city is situated on the White Nile and also serves as the capital of the Central Equatoria State. It is the world's newest capital city to be elevated as such, and had a population ...

* KCB Bank Tanzania Limited - Dar es Salaam,

Tanzania Tanzania (; ), officially the United Republic of Tanzania ( sw, Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro Islands ...

* KCB Bank Uganda Limited -

Kampala Kampala (, ) is the capital and largest city of Uganda. The city proper has a population of 1,680,000 and is divided into the five political divisions of Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division, and Ruba ...

Uganda }), is a landlocked country in East Africa. The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The sou ...

* Savings & Loan Kenya Limited - Nairobi, Kenya * KCB Foundation Limited - Nairobi, Kenya * KCB Sports Sponsorship Limited - Nairobi, Kenya The stock of

is traded on the

Nairobi Stock Exchange The Nairobi Securities Exchange (NSE) was established in 1954 as the Nairobi Stock Exchange, based in Nairobi the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in ...

. The stock is cross listed on the

Uganda Securities Exchange The Uganda Securities Exchange (USE) is the principal stock exchange of Uganda. It was founded in June 1997. The USE is operated under the jurisdiction of Uganda's Capital Markets Authority, which in turn reports to the Bank of Uganda, Uganda's ...

, the

Rwanda Stock Exchange The Rwanda Stock Exchange Limited was incorporated on 7 October 2005 with the objective of carrying out stock market operations. The Stock Exchange was demutualized from the start as it was registered as a company limited by shares. The company ...

and on the

Dar es Salaam Stock Exchange The Dar es Salaam Stock Exchange (DSE) is a stock exchange located on Ohio Street, west of Kivukoni, south east of Dar es Salaam, the commercial capital and largest city in Tanzania. It was incorporated in September 1996 and trading started i ...

under the symbol KCB.

History

KCB South Sudan was founded in 2005, following the cessation of hostilities between

and Sudan and the signing of the Comprehensive Peace Agreement (CPA) in Naivasha,

Kenya ) , national_anthem = " Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi ...

. , KCB South Sudan maintained a network of 20 branches, serving over 138,000 deposit customers, representing 42% of all banking business in the country at that time.

Ownership

KCB South Sudan is a subsidiary, owned 100% by the

, based in

Kenya ) , national_anthem = " Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi ...

Branch network

, Kenya Commercial Bank South Sudan Limited, maintained its headquarters in

, the capital of

and that country's largest city. The bank had a total of 19 networked branches in the various cities and towns in the country. Also in January 2014, KCB South Sudan closed its branches in Bentiu, Bor and

Malakal Malakal is a city in South Sudan. It is the capital of Upper Nile State, South Sudan, along the White Nile River. It also serves as the headquarter of Malakal county and it used to be the headquarter of Upper Nile Region from 1970s to late 1990s. ...

, due to the then prevailing civil war in the country.

References

External links

Official Website of KCB South Sudan

South Sudan Central Bank Introduces New Payment Systems
{{Kenya Commercial Bank Banks of South Sudan Banks established in 2005 Kenya–South Sudan relations KCB Group South Sudanese companies established in 2005 Companies based in Juba

Kenya Commercial Bank Group

History

Ownership

Branch network

See also

References

External links