KCB Bank, founded in Kenya in 1896, is now the biggest bank in East Africa. It has independent operations in Kenya, Tanzania, Uganda, Rwanda and South Sudan as well as Burundi, where KCB entered the market in May 2012.
The bank has over 200 Correspondent Banking relationships with major banks across the world. “Our goal is to be the number one bank of choice in the East African Community. We play an important role in trade and development facilitation and support many community-service projects,” explains Managing Director Gloria Nyambok.
In Burundi, KCB Bank has ambitious growth plans and will open two new branches in Bujumbura this year. KCB Bank Burundi offers both local knowledge and the efficiency and expertise of the KCB network. Gloria Nyambok says, “We want to deepen access to finance here in Burundi. We have developed an Agent Banking Platform which brings mobile banking services to rural residents. In addition to regular banking products, we also provide a wide range of specialised services including credit, asset-based financing and corporate financing, as well as custody services.”
KCB Bank is a key player in the Burundi banking sector and is a member of the Burundi Banking Association. KCB Bank welcomes the chance to partner with international investors. Gloria Nyambok says, “We meet the highest international standards. KCB Bank provides value for money.”