Africa & Middle East
|Date joined:||10 January, 2012|
|Initiatives:||Net Zero Banking Alliance and Principles for Responsible Banking|
KCB, Eastern Africa’s oldest and largest commercial bank started its operations in Zanzibar as a branch of National Bank of India. The bank extended its operation to Nairobi, which had become the headquarters of the expanding railway line to Uganda. In pursuit of its vision, the bank re-branded to KCB Bank Ltd with a broad reaching internal and external program including sponsorship of the various Eastern Africa rally series. KCB extended its operations to Uganda in order to provide the 3 East African countries with the ability to bank across borders especially for trading partners. The Bank ventured into Rwanda opening 14 branches to date. KCB Group Plc was registered as a non-operating holding company to oversee all KCB regional units including KCB Bank Kenya, Tanzania, South Sudan, Uganda, Rwanda, Burundi and Ethiopia. It also owns KCB Insurance Agency, KCB Capital, KCB Foundation and all associate companies.
KCB Sustainable banking through KCB SEMS (Social and Environmental Management System) Social and Environmental Management System is a framework that integrates social and environmental risk management into business process and aids the Financial Institution to avoid and manage loans with potential social and environmental risks by conducting social & environmental due diligence prior to loan disbursement.
More on its sustainable agenda: https://kcbgroup.com/sustainability/