Kenya Commercial Bank to open six more branches

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June 7, 2012, Juba

Kenya Commercial Bank (KCB) is making arrangements to to open as many as six branches in South Sudan during the year. The retiring chairman of KCB Group in South Sudan, Eng. Peter Muthoka has told this as a part of his final remarks as the Chairman of KCB-South Sudan.

With the opening of these six branches, the total branch network of the bank in the country will go to 25 branches.

The Information and Broadcasting Minister, Dr Barnaba Marial Benjamin has expressed delight at the idea of launching KCB branches across the ten states of South Sudan. Benjamin felt that this is in line with the SPLM vision of taking towns to the villages. He expressed satisfaction at the achievements of KCB in the country.

The Minister for Finance in the Central Equatoria State, Jacob Aligo appealed to KCB to do enough on information sector to sensitize locals on the importance and benefits of the bank so that the little money they have they can benefit from. Aligo urged the bank to also improve its services to the customers and give loans to the locals.

Simon Akuei, the Secretary General of the Chamber of Commerce added the bank has also a role to extend its service in building real estate; not just banking.

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