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NCBA Bank Tanzania is a medium-sized financial services provider in Tanzania. Its total assets as of 31 December 2022 was approximately TSh 428 billion (US$183 million), with TSh 46.7 billion (US$19.9 million), in shareholders equity. At that time, it was categorized as a Tier II Commercial Bank in Tanzania. [5]
NCBA Bank Uganda is a Corporate led Commercial Bank in Uganda, focusing on meeting the banking needs of [Large Corporates]] and large corporations. As of 31 December 2023 [update] , the total assets of the bank were valued at UGX:854 billion (US$227.324 million). [ 2 ]
The bank is a member of the Commercial Bank of Africa Group (CBA Group), headquartered in Nairobi, Kenya. [5] NCBAU serves the banking needs of individuals and businesses in Uganda. It focuses on meeting the banking needs of large corporations, diplomatic missions, non-governmental organizations, and high net-worth private clients.
NCBA Bank Kenya, whose full name is NCBA Bank Kenya Plc, is a commercial bank in Kenya. It is licensed by the Central Bank of Kenya , the country's central bank and national banking regulator. [ 3 ] [ 4 ]
In December 2018, CBA Group announced that it would be merging with NIC Group Plc creating Kenya's third-biggest bank. [15] The merger involved the transfer of 100 percent of the shares of CBA Group by its shareholders to NIC Group in exchange for 53 percent of the newly formed group, making the deal a reverse merger. [16]
NCBA Investment Bank Limited: Investment banking: Nairobi, Kenya – NCBA Investment Bank was established in 2005 to offer investment banking services. The group owns all the shares in the unit. [21] NCBA Insurance Agents: Bancassurance [22] – Nairobi, Kenya – NCBA Insurance Agents offers Bancassurance services. NCBA Group owns all of the ...
NCBA Bank Rwanda, formerly Commercial Bank of Africa (Rwanda), is a commercial bank in Rwanda. [4] NCBA Bank Rwanda is one of the Kenyan-owned bank subsidiaries to launch operations in Rwanda. [5] The bank is a subsidiary of the NCBA Group Plc, a financial services group with headquarters in Nairobi, Kenya, with subsidiaries in Kenya, Rwanda ...
During the 1980s Bank of America divested from the bank, putting 100% shareholding in CBA in the hands of Kenyan nationals. [4] In December 2018, Commercial Bank of Africa Group (CBA Group) announced that it would be merging with NIC Group creating the Kenya's third-biggest bank. The Transaction was approved by the Kenyan regulators and ...