KCB resumes work in South Sudan after recent fighting

The Kenya Commercial Bank (KCB) has stabilised its activities in South Sudan, with investors and customers now enjoying normal services.

The bank’s group chairman, Mr Ngeny Biwott, said operations have resumed following recent fighting in Africa’s newest nation.

The bank assured both local and international clients that peace had been restored and business was picking up.

“We have 22 branches in South Sudan and they are all operational, despite the fact that some of our buildings were demolished. We have recovered and are serving our customers,” he said.

He was speaking during a customer appreciation dinner at Rift Valley Sports Club in Nakuru County at the weekend.

The bank expanded to South Sudan in 2006 and is said to enjoy a 50 per cent market share. But recent troubles in the country jolted the bank’s activities in Bor, Bentiu and Malakal.

Speaking at the same function, the bank’s managing director, Mr Samuel Makome, said KCB was working closely with CMC Group to help the troubled motor company make a comeback in business.