Tag Archives: KCB

What it means for clients and banking sector  Kampala, Uganda | JULIUS BUSINGE | Kenya’s I&M Bank has completed the majority acquisition of Orient Bank Ltd from 8 miles LLP and Morka Holdings Limited, executives said on April.30. The Kenyan lender follows the footsteps of DTB, KCB, Equity and NCBA …

  Kampala, Uganda | THE INDEPENDENT | KCB Bank Uganda Limited has appointed Constant Othieno Mayende its chairman Board of Directors. Othieno Mayende will replace Aga Sekalala Jr, whose term recently came to an end. Othieno Mayende has over 23 years’ experience in banking, strategy formulation, business development, financial management, …

Kampala, Uganda |  JULIUS BUSINGE  | KCB Bank Uganda Limited, has appointed Ramla Nantongo, a seasoned banker, as head corporate banking.    She joins KCB Bank from NCBA Bank (formerly NC Bank) where she was heading the Corporate and Commercial business units. Her appointment comes a week after Agnes Namyalo …

  Kampala, Uganda | THE INDEPENDENT | Agnes Namyalo Mayanja has been appointed Executive Director for KCB Bank Uganda Limited. As the Executive Director, she will deputize and support the Bank’s Managing Director in the overall strategy formulation and implementation of astute leadership and management in line with the Bank’s …

Kampala, Uganda | THE INDEPENDENT |  Former World Champions Dorcus Inzikuru and Speaker Rebecca Kadaga joined hundreds of runners Sunday who turned up to raise millions to support the work of Mildmay Uganda. When Kadaga flagged off Inzikuru and several runners in the 2, 5 and 7 km event categories from …

Jinja, Uganda | THE INDEPENDENT | Police has foiled a robbery at  Kenya Commercial Bank-KCB branch along main street in Jinja town. Police Spokesperson, Fred Enanga, says two private security guards attached to pinnacle security stormed the bank in the company of an unidentified person and put three bank staff at …

Kampala, Uganda | JULIUS BUSINGE | Twenty members of KCB Bank Uganda’s Business Club at the weekend flew to Tokyo, Japan as part of the bank’s annual entrepreneurial drive. In Japan, the members will meet possible suppliers and marketers for their goods and services and also see cheaper technologies that …

Mutebile maintains CBR at 10% and projects 6.3% growth of the economy Kampala, Uganda | JULIUS BUSINGE | Borrowers from commercial banks will not experience changes in lending rates in the coming few months after Bank of Uganda maintaining the central bank rate –which influences changes in interest rates market …

Kampala, Uganda | THE INDEPENDENT | Rwanda’s Ubumwe Grande Hotel fetched $34.053 million in as auctioneers that was held on Dec 24 to recover money owed to Kenya Commercial Bank’s Rwandan unit. The winning bid for the property was offered by Umubano Industries. Reports indicate that more than a dozen interested parties …

Kampala, Uganda | THE INDEPENDENT | KCB Bank Uganda will sponsor 30 local entrepreneurs for a business trip to Germany and Turkey in an effort to support the growth of Small and Medium Enterprises, according to its Managing Director, Joram Kiarie. “At KCB Bank Uganda, we are aware that one of …