KCB Bank South Sudan Limited History and Operations

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Burundian franc and US dollar exchange transaction at bank counter.
Credit: pexels.com, Burundian franc and US dollar exchange transaction at bank counter.

KCB Bank South Sudan Limited has its roots in Kenya, where the parent company, KCB Group, was founded in 1895.

The bank's operations in South Sudan began in 2008, when KCB Group acquired a majority stake in a local bank.

KCB Bank South Sudan Limited is a subsidiary of KCB Group, one of the largest banking groups in East and Central Africa.

The bank's headquarters is located in Juba, the capital city of South Sudan.

History and Ownership

KCB Bank South Sudan Limited has a rich history that dates back to 1995, when it was established as a subsidiary of Kenya Commercial Bank Group.

The bank started its operations in 1995 and has since grown to become one of the leading banks in South Sudan.

KCB Bank South Sudan Limited is a subsidiary of Kenya Commercial Bank Group, which is a well-established financial institution in East Africa.

History

KCB South Sudan was founded in 2005, following the cessation of hostilities between South Sudan and Sudan and the signing of the Comprehensive Peace Agreement (CPA) in Naivasha, Kenya.

The company maintained a network of 20 branches as of October 2013, serving a significant portion of the country's banking business.

In fact, the bank's customer base of over 138,000 deposit customers represented 42% of all banking business in the country at that time.

Ownership

Credit: youtube.com, New Ownership, Same History

KCB South Sudan is a subsidiary, owned 100% by the Kenya Commercial Bank Group, based in Nairobi, Kenya. This means the bank has a clear and direct parent company that has full control over its operations.

The Kenya Commercial Bank Group is a well-established and reputable financial institution with a long history of providing banking services in East Africa.

Branch Network and Services

KCB Bank South Sudan Limited has a strong presence in the country, with a network of branches that provide a wide range of services to its customers.

The bank has over 20 branches located in major towns and cities across South Sudan, making it easily accessible to its customers.

These branches are strategically located to provide convenient banking services to the local population, including rural areas.

KCB Bank South Sudan Limited offers a variety of services that cater to the diverse needs of its customers, including retail banking, corporate banking, and Islamic banking.

Credit: youtube.com, KCB to continue serving it's South Sudan customers

The bank's services include account opening, loan facilities, and foreign exchange services, among others.

KCB Bank South Sudan Limited has a dedicated team of professionals who provide expert advice and guidance to its customers.

The bank's customer service is available 24/7, making it easy for customers to get assistance whenever they need it.

With its extensive network of branches and a wide range of services, KCB Bank South Sudan Limited is well-positioned to meet the banking needs of its customers in South Sudan.

International Transfers

To send an international transfer to KCB Bank South Sudan Limited, simply log in to your Vita Wallet account and navigate to the "Send" section.

You can easily send a transfer by entering the amount you want to transfer and selecting the country and currency of the recipient. Vita Wallet will automatically convert the funds for you.

To complete the transfer, enter the recipient's details and review the transaction information before confirming the send.

Frequently Asked Questions

Which countries use KCB Bank?

KCB Bank operates in Kenya and several neighboring countries, including Tanzania, South Sudan, Uganda, Rwanda, Burundi, and the Democratic Republic of Congo. Explore our international presence to learn more about our global banking services.

How much do I need to open a KCB bank account?

To open a KCB bank account, you'll need an initial deposit of Kes 200. This is the minimum opening balance required to start banking with KCB.

Felicia Koss

Junior Writer

Felicia Koss is a rising star in the world of finance writing, with a keen eye for detail and a knack for breaking down complex topics into accessible, engaging pieces. Her articles have covered a range of topics, from retirement account loans to other financial matters that affect everyday people. With a focus on clarity and concision, Felicia's writing has helped readers make informed decisions about their financial futures.

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