Commercial Bank of Africa

Commercial Bank of Africa
Commercial Bank of Africa
Industry Banking
Founded 1962
Headquarters Upper Hill, Nairobi, Kenya
Key people Mirabeau Da Gama Rose, Chairman
Isaac Awuondo, Managing Director
Products Loans, credit cards, savings, investments, mortgages
Total assets US$659+ million (2009)
Employees 370+
Website Homepage

Commercial Bank of Africa (CBA) is a financial services provider headquartered in Nairobi, Kenya. CBA is one of the forty-four licensed commercial banks in the country.[1]



As of December 2009, it was one of the largest commercial banks in Kenya with assets of approximately US$659 million.[2] It is the largest privately owned commercial bank in Kenya, according to its website. The bank focuses on serving the banking needs of large corporations, diplomatic missions, NGOs and high-end private clients.[3]

Commercial Bank of Africa Group

Commercial Bank of Africa (Kenya) is a member of the CBA Group of companies. These include:

The CBA Group is a large financial services group in East Africa, with an asset base estimated at over US$830 million, with shareholders' equity of approximately US$87 million.[4]


The bank was founded in 1962 in Dar es Salaam, Tanzania. Soon, branches were opened in Nairobi & Mombasa, Kenya and in Kampala, Uganda. When Tanzania nationalized private banks in 1967, the bank moved its headquarters to Nairobi. Following political changes in Uganda in 1971, the bank sold its assets in that country.

At the beginning, CBA was owned by a consortium of financial institutions known as Societe Financiere pour les pays D`Outre Mer (SFOM), based in Switzerland. Original members of the consortium included Banque National de Paris, Bank Bruxelles Lambert, Commerz Bank and Bank of America. In 1980, Bank of America acquired 84% shareholding, effectively buying out all the other SFOM partners. 16% shareholding in CBA remained in the hands of Kenyan investors. During the 1980s Bank of America divested from the bank, putting 100% shareholding in CBA in the hands of Kenyan nationals.[5]


Commercial Bank of Africa is privately owned by twenty-six (26) investors including the family of the late Jomo Kenyatta, Kenya's first president.[6]

Branch network

As of July 2011, CBA maintains branches at the following locations: [7]

  1. Head Office Upper Hill, Nairobi
  2. Industrial Area Branch - TimSales Complex, Enterprise Road, Nairobi
  3. Wabera Street Branch - Corner of Wabera Street & Standard Street, Nairobi
  4. Westlands Branch - Woodvale Grove, Westlands, Nairobi
  5. International House Branch - Mama Ngina Street, Nairobi
  6. Hilton Hotel Branch - Nairobi Hilton Hotel, Watalii Street, Nairobi
  7. Mamlaka Road Branch - AON Minet Building, Mamlaka Road, Nairobi
  8. Airport Branch - Cargo Handling Facility, Jomo Kenyatta International Airport, Nairobi
  9. Mombasa Road Branch - Parkside Towers, Mombasa Road, Nairobi
  10. Gigiri Branch - Limuru Road, Gigiri, Nairobi
  11. Mombasa Main Branch - Commercial Bank Building, Moi Avenue, Mombasa
  12. Bamburi Beach Branch - Mombasa-Malindi Road, Mombasa
  13. Diani Branch - Diani Shopping Centre, Diani, Mombasa
  14. Meru Branch - Alexander Building, Moi Avenue, Meru
  15. Changamwe Branch - Changamwe, Mombasa[8]
  16. Galleria Branch - The Galleria Mall, Langata Road, Karen, Nairobi
  17. Nakuru Branch - CBA Center, Kenyatta Avenue, Nakuru


The Chairman of the Board of Directors is Mirabeau Da Gama Rose, one of the non-executive directors. Isaac Awuondo serves as the Managing Director.[9]

External links

See also


Wikimedia Foundation. 2010.

См. также в других словарях:

  • Commercial Bank of Africa (Tanzania) — Type Private Industry Financial Services Founded 1962 Headquarters Dar es Salaam, Tanzania Key people Nehemiah Kyando Mchechu …   Wikipedia

  • Commercial Bank of Africa Group — Industry Banking, Finance Founded 1962 Headquarters Upper Hill, Nairobi, Kenya Key people Mirabeau Da Gama Rose, Group Chairman Isaac Awuondo, Group CEO Products …   Wikipedia

  • Commercial Bank Group — Type Private Industry Banking and Finance Founded 1997 Headquarters Douala, Cameroon Products Loans, Mortgages Investments, Debit cards, Credit Cards …   Wikipedia

  • Commercial Bank of Malawi — The Commercial Bank of Malawi now known as Standard Bank Limited is a national bank in Malawi. The bank registered as a commercial bank on 15 March 1969. Initially it began with K2.5 million and the founder shareholders were the Malawi… …   Wikipedia

  • Commercial Bank of Eritrea — The Commercial Bank of Eritrea is the only banking institution in Eritrea with full retail commercial banking services. It is a government owned bank with 17 branches throughout the country.[1] The Bank has arrangements with Citibank for… …   Wikipedia

  • Kenya Commercial Bank — Tipo Pública NSE: KCB Fundación 1896 Sede Nairobi …   Wikipedia Español

  • Industrial and Commercial Bank of China — ICBC redirects here. For other uses, see ICBC (disambiguation). Industrial and Commercial Bank of China Ltd. Type Public company SEHK:  …   Wikipedia

  • Mauritius Commercial Bank (Madagascar) — The Mauritius Commercial Bank (Madagascar) SA Type Limited Liability Company Industry Finance Founded 1992[1] Headquarters Rue Solombavambahoaka Frantsay 77, Antananarivo, Madagascar …   Wikipedia

  • Nile Commercial Bank — Type Private Industry Financial Services Founded 2003 Headquarters Juba, South Sudan Key people Leonard Logo Malawat, Chairman Aggrey Idri …   Wikipedia

  • First National Bank (South Africa) — First National Bank (FNB) is one of South Africa s big four banks.HistoryFNB claims to be South Africa s oldest bank and officially traces its origins back to the Eastern Province Bank , which was formed in Grahamstown in 1838, due to wool export …   Wikipedia

Поделиться ссылкой на выделенное

Прямая ссылка:
Нажмите правой клавишей мыши и выберите «Копировать ссылку»