KCB to open 12 new outlets in Kenya and Tanzania

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KCB Group CEO Paul Russo during the interview at the lender’s headquarters on February 15, 2023. PHOTO | DIANA NGILA | NMG

KCB Group is set to open 12 new branches in Kenya and Tanzania this year in a move that will take its branches across the region past the 500 mark, deepening its lead on physical locations.

Six of the new branches will be in Kenya while the other half will be in Tanzania where KCB is still eyeing acquisitions after the deal to acquire a 100 percent stake in African Banking Corporation Tanzania Limited collapsed in December 2021.

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