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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 ]
The NCBA Group, the parent company, was founded in 2019 in Nairobi, Kenya.Branches were then opened in Nairobi and Mombasa, Kenya and in Kampala, Uganda.In 1969, the bank sold its assets in Uganda to Barclays Bank of Uganda.
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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 ...
NCBA Group Plc, is a financial services conglomerate in East and West Africa. The Group's headquarters are located in Nairobi , Kenya, with subsidiaries in Kenya , Tanzania , Rwanda , Uganda and Ivory Coast .
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.
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 ]
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]