United Bank for Africa (Kenya)

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United Bank for Africa (Kenya) Limited (UBAKL), commonly referred to as UBA Kenya, is a commercial bank in Kenya. It is licensed and supervised by the Central Bank of Kenya, the central bank and national banking regulator.

The bank is a small-sized commercial bank in Kenya, the largest economy in the East African Community. UBA Kenya Limited is a subsidiary of the Nigerian financial conglomerate United Bank for Africa, with subsidiaries in 20 African countries, the United States, the United Kingdom and France.

Video United Bank for Africa (Kenya)

History

Established in 2009, with capital investment of KES:2.5 billion (approx. US $ 25 million), the bank has accumulated losses of KES:1.4 billion (approx. US $ 14 million) in the seven years that followed. UBA Kenya made a profit for the first time during the first half of 2016.

Maps United Bank for Africa (Kenya)

Ownership

United Bank for Africa (Kenya) is a wholly owned subsidiary of United Bank for Africa, headquartered in Lagos, Nigeria.

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Branches

The bank maintains networked branches at the following locations:

1. Westlands Branch - Apollo Centre, Westlands, Nairobi (Main Branch)
2. Upper Hill Branch - NHIF Building, Upper Hill, Nairobi
3. Industrial Area Branch - Industrial Area, Enterprise Road, Nairobi

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See also

• List of banks in Kenya
• Central Bank of Kenya
• Economy of Kenya

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References

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External links

• Website of Central Bank of Kenya

Source of article : Wikipedia