KCB’s acquisition of two banks in Rwanda and Tanzania has pushed its total asset base to over Ksh1 trillion ($10 billion), creating a regional banking giant with a re-energised ambition to join the ranks of leading pan-African banks, currently dominated by Southern and West African banks.
"This is a significant milestone and very historic positioning. You can only cross the Ksh1 trillion mark once. It is something we have been looking forward to but let me also qualify it that it is definitely not the limit for us,” the Groups’ chief executive Joshua Oigara told The EastAfrican in an interview on Friday.
