
KCB Group has been named the Best Retail Bank in the East African region at the Banker Africa, East Africa Awards 2018.
CEO Joshua Oigara, who was recently re-appointed for a new four-year term effective January 1, was also nominated for the prestigious African Banker of the Year Award.
In 2017, the lender was named the Best Regional Bank in East Africa at the African Banker Awards in Ahmedabad, India.
The bank also recently announced a Sh9.2 billion dividend payout to shareholders for the 2017 financial year, signifying a sustained return to shareholders amid a tough operating environment.
The bank, whose presence is felt in Uganda, Tanzania, Rwanda, Burundi and South Sudan, posted a flat 2017 pretax profit of 29.1 billion shillings ($288.4 million) after achieving 10 percent growth in 2016.
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