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Kenya Commercial Bank Group
Kenya Commercial Bank Group, also known as KCB Group, is a financial services holding company based in the African Great Lakes region. The Group's headquarters are located in Nairobi, Kenya, with subsidiaries in Kenya, Burundi, Rwanda, South Sudan, Tanzania and Uganda.
==Overview==
KCB Group is the oldest financial services firm in East Africa.〔 As of December 2012, the Group was ranked as the largest financial services organization in the African Great Lakes, with an estimated asset valuation of about US$4.36 billion (KES:367.4 billion), and shareholders' estimated at US$632.8 million (KES:53.34 billion).〔(Audited 31 December 2012 Financial Statement )〕 By September 2013, the Group's total assets had increased to US$4.57 billion (KES:385.2 billion).〔(Total Assets On 30 September 2013 )〕
KCB Group has the widest network of banking outlets in Eastern Africa, comprising over 222 branches and over 400 automated teller machines in Kenya, Burundi, Rwanda, South Sudan, Tanzania and Uganda.〔(Profile of KCB Group In October 2011 )〕 In March 2011, media reports indicated that the group was pursuing expansion plans into the Democratic Republic of the Congo, Ethiopia and Zambia.〔(KCB Group In Expansion Drive )〕
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