KCB Bank Rwanda Limited

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]

KCB Bank Rwanda Limited
TypeSubsidiary
IndustryBanking
Founded2008 (2008)
Headquarters
Kigali
,
Rwanda
Key people
Tom Ipomai (Chairman), George Odhiambo (Managing Director)[1]
ProductsLoans, Debit cards, savings, investments, mortgages, Transaction accounts
Revenue Aftertax: US$2.5 million (RWF:2.1 billion) (FY:2015)
Total assetsUS$181 million (RWF:150 billion) (Q3:2016).[2]
Number of employees
220+ (2010)
ParentKCB Group
Websiterw.kcbgroup.com

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

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

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

References
  1. Ondari, Justus (25 April 2010). "KCB bets big on Rwanda". Daily Nation. Nairobi. Retrieved 1 November 2015.
  2. 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. Archived from the original on 4 March 2016. Retrieved 1 November 2015.
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