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KCB Bank Kenya Limited

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58-618: KCB Bank Kenya Limited is a financial services provider headquartered in Nairobi , Kenya . It is licensed as a commercial bank, by the Central Bank of Kenya , the national banking regulator. The bank has also been running Agency banking model . As of December 2015, KCB Bank Kenya was the largest commercial bank in Kenya with assets of more than US$ 3.681 billion (KES:366 billion) and US$ 2.776 billion (KES:276 billion) in customer deposits. In August 2021,

116-520: A city-county . The county is entirely urban. It had only one local council, Nairobi City Council which was replaced by Nairobi City County after the new constitution was effected in March 2013. Nairobi County has 17 constituencies. Constituency name may differ from division name, such that Starehe Constituency is equal to Central Division, Lang'ata Constituency to Kibera division, and Kamukunji Constituency to Pumwani Division in terms of boundaries. Nairobi

174-501: A campaign by Nobel Peace Prize winner Wangari Maathai . Central Park is adjacent to Uhuru Park, and includes a memorial for Jomo Kenyatta , the first president of Kenya, and the Moi Monument, built in 1988 to commemorate the second president's first decade in power. Other notable open spaces include Jeevanjee Gardens , City Park, 7 August Memorial Park , and Nairobi Arboretum. The colonial 1948 Master Plan for Nairobi still acts as

232-674: A day. It also contains the Nairobi National Park . Nairobi joined the UNESCO Global Network of Learning Cities in 2010. Nairobi was founded in 1899 by colonial authorities in British East Africa , as a rail depot on the Uganda - Kenya Railway. It was favoured by the authorities as an ideal resting place due to its high elevation , temperate climate , and adequate water supply. The town quickly grew to replace Mombasa as

290-444: A dual carriageway passenger access road, security, drainage and the building of the main access road to the airport (Airport South Road). The total cost of the project was more than US$ 29 million (US$ 111.8 million in 2013 dollars). On 14 March 1978, construction of the terminal building was completed on the other side of the airport's single runway and opened by President Jomo Kenyatta less than five months before his death. The airport

348-826: A hub. Nairobi has not been left behind by the FinTech phenomenon that has taken over worldwide. It has produced a couple of tech firms like Craft Silicon, Kangai Technologies, Jambo Pay and Hostraha Limited Archived 16 November 2022 at the Wayback Machine . which have been in the forefront of technology, innovation and cloud based computing services. Their products are widely used and have considerable market share presence within Kenya and outside its borders. Goods manufactured in Nairobi include clothing, textiles, building materials, processed foods , beverages, and cigarettes. Several foreign companies have factories based in and around

406-452: A series of US embassy bombings . It is now the site of a memorial park. On 20 October 2011, a memorial statue was unveiled in Nairobi in memory to Tom Mboya , a former Kenyan Independence politician and assassination victim. On 9 November 2012, President Mwai Kibaki opened the KES 31 billion Thika Superhighway. This mega-project of Kenya started in 2009 and ended in 2011. It involved expanding

464-561: A thing of beauty has been slowly worked out, and much has already been done. But until that plan has borne fruit, Nairobi must remain what she was then, a slatternly creature, unfit to queen it over so lovely a country. After World War II , continuous expansion of the city angered both the indigenous Maasai and Kikuyu . This led to the Mau Mau Uprising in the 1950s, and the Lancaster House Conferences , which initiated

522-604: A transition to Kenyan independence in 1963. In the spring of 1950, the East African Trades Union Congress (EAUTC) led a nine-day general strike in the city. Nairobi remained the capital of Kenya after independence, and its continued rapid growth put pressure on the city's infrastructure with power cuts and water shortages becoming a common occurrence. On 11 September 1973, the Kenyatta International Conference Centre KICC

580-527: Is Uhuru Park . The park borders the central business district and the neighbourhood Upper Hill. Uhuru ( Freedom in Swahili ) Park is a centre for outdoor speeches, services, and rallies. The park was to be built over by former President Daniel arap Moi , who wanted the 62-storey headquarters of his party, the Kenya African National Union , situated in the park. However, the park was saved following

638-636: Is also cross listed on the Uganda Securities Exchange (USE), the Rwanda Stock Exchange (RSE) and the Dar es Salaam Stock Exchange (DSE). KCB Bank Kenya Limited is a member of the KCB Group of companies. KCB Group companies include: As of August 2021, KCB Group had a total of 354 branches, 1,103 ATM machines, and 15,273 bank agents and merchant outlets throughout all of its subsidiaries. It has

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696-448: Is claimed by the Kenyan government to have a population of 185,777. However, non-governmental sources generally estimate the slum to have a population of 500,000 to 1,000,000, depending on what areas are defined as comprising Kibera. Nairobi has many parks and open spaces throughout the city. Much of the city has dense tree-cover and plenty of green spaces. The most famous park in Nairobi

754-646: Is commemorated by many English place-names. Most lower-middle and upper middle income neighbourhoods are located in the north-central areas such as Highridge, Parklands, Ngara, Pangani, and areas to the southwest and southeast of the metropolitan area near the Jomo Kenyatta International Airport. The most notable ones include Avenue Park, Fedha, Pipeline, Donholm, Greenfields, Nyayo, Taasia, Baraka, Nairobi West, Madaraka, Siwaka, South B, South C, Mugoya, Riverbank, Hazina, Buru Buru, Uhuru, Harambee Civil Servants', Akiba, Kimathi, Pioneer, and Koma Rock to

812-676: Is derived from the Maasai phrase Enkare Nairobi , which translates to 'place of cool waters', a reference to the Nairobi River which flows through the city. The city proper had a population of 4,397,073 in the 2019 census. The city is commonly referred to as 'The Green City in the Sun'. Nairobi is home of the Kenyan Parliament Buildings and hosts thousands of Kenyan businesses and key international companies and organisations, including

870-522: Is divided into 17 constituencies and 85 wards , mostly named after residential estates. Kibera Division, for example, includes Kibera (Kenya's largest slum) as well as affluent estates of Karen and Langata . The Nairobi GPO (General Post Office) Postal code is 00100 Nairobi is home to the Nairobi Securities Exchange (NSE), one of Africa's largest stock exchanges . The NSE was officially recognised as an overseas stock exchange by

928-496: Is situated between the cities of Kampala and Mombasa. As Nairobi is adjacent to the eastern edge of the Rift Valley , minor earthquakes and tremors occasionally occur. The Ngong Hills , located to the west of the city, are the most prominent geographical feature of the Nairobi area. Mount Kenya is situated north of Nairobi, and Mount Kilimanjaro is towards the south-east. The Nairobi River and its tributaries traverse through

986-463: Is situated close to the equator, the differences between the seasons are minimal. The seasons are referred to as the wet season and dry season . The timing of sunrise and sunset varies little throughout the year for the same reason. Nairobi is divided into a series of constituencies with each being represented by members of Parliament in the National Assembly. The initial constituencies before

1044-489: The London Stock Exchange in 1953. The exchange is Africa's fourth largest in terms of trading volumes, and fifth largest in terms of Market Capitalization as a percentage of GDP. Nairobi is the regional headquarters of several international companies and organisations. In 2007, General Electric , Young & Rubicam , Google , Coca-Cola , IBM Services , and Cisco Systems relocated their African headquarters to

1102-533: The Maasai , the sedentary Akamba People , as well as the agriculturalist Kikuyu people . The name Nairobi itself comes from the Maasai expression meaning 'cool waters', referring to the cold water stream which flowed through the area. With the arrival of the Uganda Railway , the site was identified by Sir George Whitehouse for a store depot, shunting ground and camping ground for the Indian labourers working on

1160-604: The United Nations Environment Programme (UN Environment) and the United Nations Office at Nairobi (UNON). Nairobi is an established hub for business and culture. The Nairobi Securities Exchange (NSE) is one of the largest stock exchanges in Africa and the second-oldest exchange on the continent. It is Africa's fourth-largest stock exchange in terms of trading volume, capable of making 10 million trades

1218-744: The United Nations Security Council held a rare session at Nairobi to discuss the armed conflicts in southern and western Sudan that constituted a phase of the Second Sudanese Civil War . The meeting was convened at the urging of then-Ambassador John Danforth of the United States. The complex of buildings is located next to the Karura Forest in the Gigiri district of Nairobi, along United Nations Avenue. It stands across

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1276-424: The 1980s. The City of Nairobi enjoys the status of a full administrative county . Initially, Nairobi was one of the eight provinces in Kenya before 2013. The Nairobi province differed in several ways from other Kenyan regions. Nairobi Province was not divided into "districts" until 2007, when three districts were created. In 2010, along with the new constitution, Nairobi was renamed a county and consolidated into

1334-591: The 2010 constitution which led to the county electoral boundaries being redrawn were: Makadara, Kamukunji, Starehe, Langata , Dagoretti, Westlands , Kasarani, and Embakasi . The new electoral boundaries after this were revised to Embakasi North, Embakasi South, Embakasi Central, Embakasi East, Embakasi West, Makadara, Kamukunji, Starehe, Mathare, Westlands, Dagoretti North, Dagoretti South, Langata, Kibra, Ruaraka, Roysambu and Kasarani. The main administrative divisions of Nairobi are Central, Dagoretti, Embakasi , Kasarani, Kibera , Makadara, Pumwani, and Westlands . Most of

1392-538: The City Hall and Parliament Building. The city square is also located within the perimeter. Most of the skyscrapers in this region are the headquarters of businesses and corporations, such as I&M and the Kenyatta International Conference Centre . The United States Embassy bombing took place in this district, prompting the building of a new embassy building in the suburbs. In 2011, the city

1450-552: The June/July season, when the temperature can drop to 9 °C (48 °F). The sunniest and warmest part of the year is from December to March, when temperatures average in the high-twenties Celsius during the day. The mean maximum temperature for this period is 28 °C (82 °F). There are rainy seasons, but rainfall can be moderate. The cloudiest part of the year is just after the first rainy season, when, until September, conditions are usually overcast with drizzle. As Nairobi

1508-599: The Nairobi County and joins the larger River Athi on the eastern edge of the county. Nobel Peace Prize laureate Wangari Maathai fought fiercely to save the indigenous Karura Forest in northern Nairobi which was under threat of being replaced by housing and other infrastructure. Nairobi's western suburbs stretch all the way from the Kenyatta National Hospital in the south to the UN headquarters at Gigiri suburb in

1566-710: The National Bank of India to form the National and Grindlays Bank . Upon independence, the Government of Kenya acquired 60% shareholding in National & Grindlays Bank. In 1970, the Government took full control of the bank and renamed it to Kenya Commercial Bank Group. KCB Bank Kenya, as it is now known, was incorporated in 2015 as a result of the corporate restructure of Kenya Commercial Bank Group (KCB Group). Prior to 2015, KCB Group

1624-534: The Standard Gauge Railway which connects Nairobi to Mombasa. It was primarily built by a Chinese firm with about 90% of total funding from China and about 10% from the Kenyan government. A second phase is also being built which will link Naivasha to the existing route and also the Uganda border. On 11 August 2020, Nairobi County Assembly Speaker Beatrice Elachi resigned. On 21 December 2020, recently elected Nairobi County Assembly Speaker Benson Mutura

1682-572: The bank recorded a customer deposit growth to USD$ 5.47 billion (KES:601.7 billion) and had an asset base value of USD$ 7.09 billion (KES:7.09 billion). During that time, it had 201 branches, 397 ATM machines, and registered 15,273 Agents and Merchant outlets spread across Kenya. KCB Bank Kenya roots trace back to July 1896 when its parent company, KCB Group, was formed as a branch of the National Bank of India in Mombasa. In 1958, Grindlays Bank merged with

1740-604: The capital of Kenya , is one of four major United Nations office sites where numerous different UN agencies have a joint presence. Established in 1996, it is the UN's official headquarters in Africa. The United Nations Office at Nairobi also hosts the global headquarters for two programmes: the United Nations Environmental Programme (UNEP) and the United Nations Human Settlements Programme (UN-Habitat). In November 2004,

1798-455: The capital of Kenya in 1907. After independence in 1963, Nairobi became the capital of the Republic of Kenya . During Kenya's early period, the city became a centre for the coffee , tea and sisal industries. The city lies in the south central part of Kenya, at an elevation of 1,795 metres (5,889 ft). The site of Nairobi was originally a swamp land occupied by a pastoralist people,

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1856-400: The centre-east and Kasarani to northeast area among others. The low and lower income estates are located mainly in far eastern Nairobi. These include, Umoja, Kariokor, Dandora , Kariobangi , Kayole , Ruai , Kamulu , Embakasi , and Huruma . Kitengela suburb, though located further southeast, Ongata Rongai and Kiserian further southwest, and Ngong/Embulbul suburbs also known as 'Diaspora' to

1914-469: The city. The United Nations Office at Nairobi hosts UN Environment and UN-Habitat headquarters. Several of Africa's largest companies are headquartered in Nairobi. Safaricom , the largest company in Kenya by assets and profitability is headquartered in Nairobi, KenGen, which is the largest African stock outside South Africa , is based in the city. Kenya Airways , Africa's fourth largest airline, uses Nairobi's Jomo Kenyatta International Airport as

1972-503: The city. These include Goodyear Tire and Rubber Company , General Motors , Toyota , and The Coca-Cola Company . Nairobi has a large tourist industry , being both a tourist destination and a transport hub. Nairobi has grown around its central business district . This takes a pentagonal shape, around the Uhuru Highway, Haile Selassie Avenue, Moi Avenue, and University Way. It features many of Nairobi's important buildings, including

2030-476: The city: Maybe one day Nairobi will be laid out with tarred roads, with avenues of flowering trees, flanked by noble buildings; with open spaces and stately squares; a cathedral worthy of faith and country; museums and of art; theatres and public offices. And it is fair to say that the Government and the Municipality have already bravely tackled the problem and that a town-plan ambitious enough to turn Nairobi into

2088-407: The energy that the building might consume. It was opened on 31 March 2011 by UN Secretary-General Ban Ki-moon and Kenyan President Mwai Kibaki . Burned Trees , a series of sculptures designed by Monegasque artist Philippe Pastor aimed at drawing attention to forest conflagrations (fires), has been exhibited continuously at the office since 2006. The office complex can also be visited by

2146-598: The far west are considered part of the Greater Nairobi Metropolitan area. More than 90% of Nairobi residents work within the Nairobi Metropolitan area, in the formal and informal sectors. Many Somali immigrants have also settled in Eastleigh , nicknamed "Little Mogadishu ". Here is the list of all postal codes for Nairobi Archived 19 March 2023 at the Wayback Machine . The Kibera slum in Nairobi

2204-399: The four-lane carriageway to eight lanes, building underpasses, providing interchanges at roundabouts, erecting flyovers and building underpasses to ease congestion. The 50.4-kilometre road was built in three phases: Uhuru Highway to Muthaiga Roundabout; Muthaiga Roundabout to Kenyatta University and; Kenyatta University to Thika Town . On 31 May 2017, President Uhuru Kenyatta inaugurated

2262-564: The governing mechanism when it comes to making decisions related to urban planning. The Master Plan at the time, which was designed for 250,000 people, allocated 28% of Nairobi's land to public space, but because of rapid population growth, much of the vitality of public spaces within the city are increasingly threatened. City Park, the only natural park in Nairobi, for example, was originally 60 ha (150 acres), but has since lost approximately 20 ha (50 acres) of land to private development through squatting and illegal alienation which began in

2320-466: The headquarters of the provincial administration for the Ukamba province. On the arrival of the railway, Whitehouse remarked that "Nairobi itself will in the course of the next two years become a large and flourishing place and already there are many applications for sites for hotels, shops and houses." The town's early years were however beset with problems of malaria leading to at least one attempt to have

2378-537: The largest number of own-branded ATMs in Kenya. At that time, the Group had 26.8 million customers marking it the largest in the region. The chairman of the KCB Group board of directors is FCS Dr. Joseph Kinyua, and the chief executive officer and managing director of the group is Paul Russo. Nairobi Nairobi ( / n aɪ ˈ r oʊ b i / ny- ROH -bee ) is the capital and largest city of Kenya . The name

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2436-797: The north, a distance of about 20 kilometres (12 mi). The city is centred on the City Square, which is located in the Central Business District. The Kenyan Parliament buildings, the Holy Family Cathedral , Nairobi City Hall, Nairobi Law Courts, and the Kenyatta Convention Centre all surround the square. Under the Köppen climate classification , Nairobi has a subtropical highland climate (Cwb). At 1,795 metres (5,889 ft) above sea level, evenings may be cool, especially in

2494-451: The plenary hall, the tower consisted of a cylinder composed of several cuboids, and the amphitheater and helipad both resembled cones. The tower was built around a concrete core and it had no walls but glass windows, which allowed for maximum natural lighting. It had the largest halls in eastern and central Africa. A year prior in 1972, the World Bank approved funds for further expansion of

2552-540: The pre-colonial era, the people of modern Kenya mostly lived in villages amongst their tribes and cultural groups, where they had rulers within their communities rather than one singular government or leader. In 1898, Arthur Church was first and foremost commissioned to design the first town layout for the railway depot. It constituted two streets – Victoria Street and Station Street , ten avenues, staff quarters and an Indian commercial area. The railway arrived at Nairobi on 30 May 1899, and soon Nairobi replaced Machakos as

2610-572: The public, in the form of pre-booked, guided tours, provided by the UN Visitors' Service of Nairobi. Anyone interested has the opportunity to book a tour, during which one can learn about the history and work of the UN, while also getting an opportunity to see the offices, including the above-mentioned green building . Tours are available during office hours each day, in various languages (e.g. English, Chinese, German, French, Kiswahili). Headquartered at Nairobi: Presence at Nairobi: UNON also hosts

2668-513: The railway. Whitehouse, chief engineer of the railway, favoured the site as an ideal resting place due to its high elevation, temperate climate, adequate water supply and being situated before the steep ascent of the Limuru escarpments . His choice was however criticised by officials within the Protectorate government who felt the site was too flat, poorly drained and relatively infertile. During

2726-521: The street from the US Embassy in Kenya . The UN complex contains a 'green' building , a completely energy and carbon-neutral building, housing UNEP and UN-Habitat offices. The building is the first of its kind in Africa, recycling water and using natural light to reduce reliance on artificial lighting. In addition, the building is designed to use natural flow of air as a substitute to air conditioning , and it contains solar panels to generate all

2784-413: The then Nairobi Airport (now Jomo Kenyatta International Airport ), including a new international and domestic passenger terminal building, the airport's first dedicated cargo and freight terminal, new taxiways, associated aprons, internal roads, car parks, police and fire stations, a State Pavilion, airfield and roadway lighting, fire hydrant system, water, electrical, telecommunications and sewage systems,

2842-498: The town moved. In the early 1900s, Bazaar Street (now Biashara Street) was completely rebuilt after an outbreak of plague and the burning of the original town. Between 1902 and 1910, the town's population rose from 5,000 to 16,000 and grew around administration and tourism, initially in the form of big game hunting . In 1907, Nairobi replaced Mombasa as the capital of the East Africa Protectorate. In 1919, Nairobi

2900-502: The upmarket suburbs are situated to the west and north-central of Nairobi, where most European settlers resided during the colonial times AKA 'Ubabini'. These include Karen , Langata , Lavington , Gigiri , Muthaiga , Brookside, Spring Valley, Loresho, Kilimani , Kileleshwa, Hurlingham, Runda , Kitisuru , Nyari, Kyuna, Lower Kabete , Westlands , and Highridge , although Kangemi, Kawangware, and Dagoretti are lower income areas close to these affluent suburbs. The city's colonial past

2958-621: Was both a licensed bank and a holding company for its subsidiaries. This was in compliance with the Kenya Finance Act No.57 of 2012. KCB Group Limited announced, in April 2015, its intention to incorporate a new wholly owned subsidiary, KCB Bank Kenya Limited, to which it would transfer its Kenyan banking business, assets and liabilities. The re-organisation converted KCB Group Limited into a non-trading holding company that owns both banking and non-banking subsidiary companies. In 2016, KCB Group PLC

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3016-458: Was considered to have about 4 million residents. A large beautification project took place in the Central Business District, as the city prepared to host the 2006 Afri-Cities summit. Iconic buildings such as the Kenyatta International Conference Centre had their exteriors cleaned and repainted. United Nations Office at Nairobi The United Nations Office at Nairobi ( UNON , Swahili : Ofisi ya Umoja wa Mataifa Nairobi ) in Nairobi ,

3074-525: Was declared to be a municipality. In 1921, Nairobi had 24,000 residents, of which 12,000 were native Africans. The next decade saw growth in native African communities in Nairobi, and they began to constitute a majority for the first time. This growth caused planning issues, described by Thorntorn White Archived 22 October 2020 at the Wayback Machine and his planning team as the "Nairobi Problem". In February 1926, colonial officer Eric Dutton passed through Nairobi on his way to Mount Kenya , and said of

3132-753: Was developed to reduce traffic congestion along Mombasa Road. Additionally, the Green Park Bus Terminal , part of efforts to improve public transport, began operations in 2021. In line with the Kenyan government's Affordable Housing Program , various housing developments are underway to accommodate the city's growing population. The city is situated at 1°09′S 36°39′E  /  1.150°S 36.650°E  / -1.150; 36.650  ( Nairobi, Kenya ) and 1°27′S 37°06′E  /  1.450°S 37.100°E  / -1.450; 37.100  ( Nairobi, Kenya ) and occupies 696 square kilometres (270 sq mi). Nairobi

3190-695: Was open to the public. The 28-storey building at the time was designed by the Norwegian architect Karl Henrik Nøstvik and Kenyan David Mutiso. It is the only building within the city with a helipad that is open to the public. Of the buildings built in the Seventies, the KICC was the most eco-friendly and most environmentally conscious structure; its main frame was constructed with locally available materials gravel, sand, cement and wood, and it had wide open spaces which allowed for natural aeration and natural lighting. Cuboids made up

3248-479: Was registered as a non-operating holding company to manage and oversee all KCB regional units in Kenya, Tanzania , South Sudan , Uganda , Rwanda , Burundi and Ethiopia. In 2019, KCB Group PLC acquired National Bank of Kenya . KCB Bank Kenya Limited is a 100 percent subsidiary of KCB Group. Shares of KCB Group are listed on the Nairobi Stock Exchange (NSE), under the symbol (KCB). The group's stock

3306-522: Was renamed Jomo Kenyatta International Airport in memory of its first president. The Giraffe Centre , an animal sanctuary on the southwestern outskirts of Nairobi, was opened in 1983. To this day, it breeds the endangered species of Rothschild's giraffe . The United States Embassy, then located in downtown Nairobi, was bombed in August 1998 by Al-Qaeda and the Egyptian Islamic Jihad , as one of

3364-403: Was sworn in as acting Nairobi Governor four days after the previous Nairobi Governor Mike Sonko was impeached and removed from office. At the time of Mutura's swearing in as acting Governor, which he will hold for at least 60 days, Nairobi did not have a Deputy Governor as well. Nairobi has seen several major infrastructure projects in recent years. The Nairobi Expressway , completed in 2022,

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