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Commercial Bank of Africa Group information


Commercial Bank of Africa Group
Company typePrivate
IndustryBanking, Finance
Founded1962 (1962)
DefunctSeptember 30, 2019 (2019-09-30)
FateAcquired by NIC Bank Group
HeadquartersUpper Hill, Nairobi, Kenya
Key people
Desterio Oyatsi
Group Chairman
Isaac Awuondo
Group CEO[1]
ProductsBanks
RevenueIncrease: Aftertax: KSh 4.1 billion (Q3:2017)
Total assetsKSh 234.79 billion (Q3:2017)[2]
Number of employees
1,200+[3] (2017)
Websitewww.cbagroup.com

Commercial Bank of Africa Group (CBA Group) is a financial services provider in East Africa. Its headquarters are located in Nairobi, Kenya, with subsidiaries in Kenya, Rwanda, Tanzania, Uganda and Ivory Coast.[4]

The CBA Group is a large financial services group in East Africa, with an asset base valued at KSh:234.79 billion (US$2.343 billion), with shareholders' equity of KSh:28.38 billion (US$283.2 million), as of 30 September 2017.[2]

  1. ^ Ngigi, George (24 April 2013). "CBA picks Uhuru lawyer to chair expanded board". Business Daily Africa. Nairobi. Retrieved 22 March 2018.
  2. ^ a b CBA Group (30 September 2017). "CBA Group Financial Statement for the Nine Months Ending 30 September 2017" (PDF). Nairobi: Commercial Bank of Africa Group. Retrieved 22 March 2018.
  3. ^ SAP News (4 May 2017). "Commercial Bank of Africa's Success: Empowering Business HR through SAP SuccessFactors". Sap.com. Retrieved 22 March 2018.
  4. ^ Shawiza, Vera (29 November 2016). "M-Shwari Mobile Services to be Launched in Ivory Coast by CBA". Nairobi: Sokodirectory.com.

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