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KCB Uganda LTF

Sector: Commercial • Location: Uganda

Source: International Finance Corporation (IFC)

Project
Completed

The proposed engagement with KCB Bank Uganda Limited (“KCBBU” or “the Bank”) is aligned to IFC’s strategy to establish a long-term partnership with Kenya Commercial Bank Ltd (“KCB” or the “Group”) one of the largest banks in East Africa. IFC''s partnership with KCB will support its regional expansion plans and help the Group develop a robust regional banking platform which is essential for the suc

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The project “KCB Uganda LTF” is an infrastructure initiative in the Commercial sector, located in Uganda. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

Taiyo status

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Description

Description

The proposed engagement with KCB Bank Uganda Limited (“KCBBU” or “the Bank”) is aligned to IFC’s strategy to establish a long-term partnership with Kenya Commercial Bank Ltd (“KCB” or the “Group”) one of the largest banks in East Africa. IFC''s partnership with KCB will support its regional expansion plans and help the Group develop a robust regional banking platform which is essential for the successful economic integration of the newly created East African economic community. The Project is comprised of a $10 million senior loan facility to KCBU, a subsidiary of KCB, which will provide the Bank with long-term funding to support its mortgage lending business.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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