Kenya Jobs Vacancy: Compliance
Risk Manager - KCB Job Vacancies 09 October,2010
HISTORICAL BACKGROUND
* The history of KCB dates back to 1896 when its predecessor, the
National Bank of India opened an outlet in Mombasa. Eight years later in
1904, the Bank extended its operations to Nairobi, which had become the
Headquarters of the expanding railway line to Uganda.
* The next major change in the Bank’s history came in 1958.
Grindlays Bank merged with the National Bank of India to form the
National and Grindlays Bank.
* Upon independence the Government of Kenya acquired 60%
shareholding in National & Grindlays Bank in an effort to bring
banking closer to the majority of Kenyans. In 1970, the Government
acquired 100% of the shares to take full control of the largest
commercial bank in Kenya. National and Grindlays Bank was renamed Kenya
Commercial Bank.
* In 1972, Savings & Loan (K) Ltd was acquired to specialize in
mortgage finance.
* In 1997, another subsidiary, Kenya Commercial Bank (Tanzania)
Limited was incorporated in Dar-es-Salaam, Tanzania to provide banking
services and promote cross-border trading. Since then, the subsidiary
has 11 branches.
Showing posts with label KCB Jobs In Kenya. Show all posts
Showing posts with label KCB Jobs In Kenya. Show all posts
Saturday, October 9, 2010
Head, Money Market & Fixed Income Unit - KCB Job Vacancies
Head, Money Market & Fixed Income Unit - KCB Job Vacancies
HISTORICAL BACKGROUND
* The history of KCB dates back to 1896 when its predecessor, the National Bank of India opened an outlet in Mombasa. Eight years later in 1904, the Bank extended its operations to Nairobi, which had become the Headquarters of the expanding railway line to Uganda.
* The next major change in the Bank’s history came in 1958. Grindlays Bank merged with the National Bank of India to form the National and Grindlays Bank.
* Upon independence the Government of Kenya acquired 60% shareholding in National & Grindlays Bank in an effort to bring banking closer to the majority of Kenyans. In 1970, the Government acquired 100% of the shares to take full control of the largest commercial bank in Kenya. National and Grindlays Bank was renamed Kenya Commercial Bank.
* In 1972, Savings & Loan (K) Ltd was acquired to specialize in mortgage finance.
* In 1997, another subsidiary, Kenya Commercial Bank (Tanzania) Limited was incorporated in Dar-es-Salaam, Tanzania to provide banking services and promote cross-border trading. Since then, the subsidiary has 11 branches.
* In pursuit of its Vision: To be the preferred financial solutions provider in Africa with a global reach by 2013, in May 2006 KCB extended its operations to Southern Sudan to provide conventional banking services. The subsidiary has 11 branches .
HISTORICAL BACKGROUND
* The history of KCB dates back to 1896 when its predecessor, the National Bank of India opened an outlet in Mombasa. Eight years later in 1904, the Bank extended its operations to Nairobi, which had become the Headquarters of the expanding railway line to Uganda.
* The next major change in the Bank’s history came in 1958. Grindlays Bank merged with the National Bank of India to form the National and Grindlays Bank.
* Upon independence the Government of Kenya acquired 60% shareholding in National & Grindlays Bank in an effort to bring banking closer to the majority of Kenyans. In 1970, the Government acquired 100% of the shares to take full control of the largest commercial bank in Kenya. National and Grindlays Bank was renamed Kenya Commercial Bank.
* In 1972, Savings & Loan (K) Ltd was acquired to specialize in mortgage finance.
* In 1997, another subsidiary, Kenya Commercial Bank (Tanzania) Limited was incorporated in Dar-es-Salaam, Tanzania to provide banking services and promote cross-border trading. Since then, the subsidiary has 11 branches.
* In pursuit of its Vision: To be the preferred financial solutions provider in Africa with a global reach by 2013, in May 2006 KCB extended its operations to Southern Sudan to provide conventional banking services. The subsidiary has 11 branches .
Dealer, Money Market & Fixed Income Unit - KCB Job Vacancies
Dealer, Money Market & Fixed Income Unit - KCB Job Vacancies
HISTORICAL BACKGROUND
* The history of KCB dates back to 1896 when its predecessor, the National Bank of India opened an outlet in Mombasa. Eight years later in 1904, the Bank extended its operations to Nairobi, which had become the Headquarters of the expanding railway line to Uganda.
* The next major change in the Bank’s history came in 1958. Grindlays Bank merged with the National Bank of India to form the National and Grindlays Bank.
* Upon independence the Government of Kenya acquired 60% shareholding in National & Grindlays Bank in an effort to bring banking closer to the majority of Kenyans. In 1970, the Government acquired 100% of the shares to take full control of the largest commercial bank in Kenya. National and Grindlays Bank was renamed Kenya Commercial Bank.
* In 1972, Savings & Loan (K) Ltd was acquired to specialize in mortgage finance.
* In 1997, another subsidiary, Kenya Commercial Bank (Tanzania) Limited was incorporated in Dar-es-Salaam, Tanzania to provide banking services and promote cross-border trading. Since then, the subsidiary has 11 branches.
* In pursuit of its Vision: To be the preferred financial solutions provider in Africa with a global reach by 2013, in May 2006 KCB extended its operations to Southern Sudan to provide conventional banking services. The subsidiary has 11 branches .
* The latest addition into the KCB Family came in November, 2007 with the opening of KCB Bank Uganda Limited which has 13 branches. In December 2008 KCB Rwanda began operations with one branch at Kigali. There are curently 9 branches spread out in the country.
* The Government has over the years reduced its shareholding to 35% and more recently to 26.2% following the rights issue exercise in 2004, which raised KShs 2.45 billion in additional capital for the bank.
* In the second Rights Issue exercise held in the year 2008, the Government further reduced its shareholding to 23.1% after raising additional capital for kshs 5.5billion.
HISTORICAL BACKGROUND
* The history of KCB dates back to 1896 when its predecessor, the National Bank of India opened an outlet in Mombasa. Eight years later in 1904, the Bank extended its operations to Nairobi, which had become the Headquarters of the expanding railway line to Uganda.
* The next major change in the Bank’s history came in 1958. Grindlays Bank merged with the National Bank of India to form the National and Grindlays Bank.
* Upon independence the Government of Kenya acquired 60% shareholding in National & Grindlays Bank in an effort to bring banking closer to the majority of Kenyans. In 1970, the Government acquired 100% of the shares to take full control of the largest commercial bank in Kenya. National and Grindlays Bank was renamed Kenya Commercial Bank.
* In 1972, Savings & Loan (K) Ltd was acquired to specialize in mortgage finance.
* In 1997, another subsidiary, Kenya Commercial Bank (Tanzania) Limited was incorporated in Dar-es-Salaam, Tanzania to provide banking services and promote cross-border trading. Since then, the subsidiary has 11 branches.
* In pursuit of its Vision: To be the preferred financial solutions provider in Africa with a global reach by 2013, in May 2006 KCB extended its operations to Southern Sudan to provide conventional banking services. The subsidiary has 11 branches .
* The latest addition into the KCB Family came in November, 2007 with the opening of KCB Bank Uganda Limited which has 13 branches. In December 2008 KCB Rwanda began operations with one branch at Kigali. There are curently 9 branches spread out in the country.
* The Government has over the years reduced its shareholding to 35% and more recently to 26.2% following the rights issue exercise in 2004, which raised KShs 2.45 billion in additional capital for the bank.
* In the second Rights Issue exercise held in the year 2008, the Government further reduced its shareholding to 23.1% after raising additional capital for kshs 5.5billion.
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