KCB Group is a financial services institution in Kenya offering products and services to the commercial sector. Over the years, the Bank has grown and spread its wings into Tanzania, South Sudan, Uganda, Rwanda, Burundi and Ethiopia and most recently, DRC. The banking group offers a full-service offering for commercial and corporate clients and runs an Agency banking model. Its parent company, KCB Group, was founded in 1896 as a branch of the National Bank of India in Mombasa. Grindlays Bank merged with the National Bank of India in 1958 to form the National & Grindlays Bank. The government of Kenya bought a 60% stake in National & Grindlays Bank and took full control of it in 1970; renaming it Kenya Commercial Group. KCB was listed in 1989.

Financial Data source: Company’s Annual reports (Check investor relations on the Company’s website)

Company Description source: African Financials

KCB Analysis Interactive Dashboard

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Tags: Company Analysis