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NCBA Group Plc is a large financial services organization in East and West Africa, with assets valued at over US$4.43 billion (KES:464.89 billion) as of December 2019. Shareholders' equity at that time was valued at approximately US$661 million (KES:69.416 billion). [ 1 ]
The National Cooperative Business Association (NCBA) is a United States membership organization for cooperatives, which are businesses that are jointly owned and democratically controlled. The association was founded in 1916 as the Cooperative League of the United States of America .
NCBA Bank Kenya is a subsidiary of NCBA Group Plc, a large financial services provider in East Africa, and parts of West Africa. The group maintains its headquarters in Nairobi , Kenya. NCBA Group Plc owns subsidiary companies in Kenya, Uganda, Tanzania, Rwanda and the Ivory Coast.
NCBA Bank Uganda is a retail financial services provider in Uganda, focusing on meeting the banking needs of small and medium enterprises and large corporations. As of 31 December 2023, the total assets of the bank were valued at UGX:854 billion (US$227.324 million). [2]
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 also serves as a contractor to the Beef Checkoff on a cost recovery basis. [8] The Beef Checkoff program was established as part of the 1985 Farm Bill. The checkoff assesses $1 per head on the sale of live domestic and imported cattle, in addition to a comparable assessment on imported beef and beef products.
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The NCBA was founded in 2000 to provide a national structure for the existing club teams. It structures the conferences, runs the NCBA College World Series (its national championship series), gathers playing statistics, assists teams in fundraising , and arranges for discounts on baseball clothing and equipment .