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KCB Bank Uganda Limited 

KCB Bank’s new business club to create opportunities for SMEs
KCB Bank Uganda has launched a business club aimed at widening business opportunities to its customer and to strengthen its foothold in the small and medium enterprise sector.Through the club named “KCB Business Club”, the bank’s customers will benefit from reduced cost of borrowing, SME business advisory services, seminars and workshops, as well as local, regional and international business trips.Speaking during the launch of the club, Mathias Muhimbisa, the Executive Director KCB Bank, said the business club is a strategic move by the bank to solidify its presence in the SME sector.“Most of our SME’s are skewed towards trading, by bringing them together we are giving them an opportunity to tap and learn from each other,” said Muhimbisa. He added; “We hope to build their capacity through the international business trips where they can tap into new and emerging markets across the world.”Economic growth and job creation are closely linked to the success of the SME sector.SMEs, however, struggle to grow past the 5-year mark as due to lack of access to capital and poor managerial skills.According to Mr. Muhimbisa, the club will provide an opportunity for businesses to have access to a reduced cost of borrowing as well as training workshops on business management. Read more
KCB bank to offer trustee services
KCB bank Uganda recently launched its trustee services, joining a list of other banks in the race to reap from the imminent liberalization of the pension sector. Chairman Samwiri Njuki said the bank would play the main function of a custodian, managing and keeping assets of the fund safe, holding assets for fund managers and doing all the administrative work. “We shall have a services manager and this will be your contact person. In case you have anything you want, we will be able to provide it,” Njuki said.  Read more