Geita Monday, 12th August 2024 – KCB Bank has expanded its reach by opening a new branch in Geita, reinforcing its commitment to financial inclusion in Tanzania.
Hon. Deputy Prime Minister and Minister for Energy, Dr. Doto Biteko, applauded KCB Bank for its continued investment in the country, which has positively impacted businesses and the lives of Tanzanians. "I commend KCB Bank for this significant milestone. This new branch will provide local residents with access to banking services that will boost business and economic activities in the region," he stated.
KCB Group's Regional Businesses Director and KCB Bank Tanzania Managing Director, Cosmas Kimario, highlighted that the new Geita branch aligns with the bank's strategy to extend its services, offering cost-effective and technology-driven solutions to foster a more financially inclusive economy.
"By opening this branch in Geita, KCB Bank aims to drive financial growth and service excellence for the local community. This branch will offer Geita’s residents’ access to loans, savings, and other financial services designed to improve their quality of life and stimulate business and investment opportunities."
The Geita branch brings KCB Bank Tanzania’s total number of branches to 17 nationwide. The bank currently has branches in Arusha (3 branches), Dar es Salaam (8 branches), Morogoro, Kilimanjaro (Moshi), Kahama, Mbeya (Tunduma), and Zanzibar, along with over 500 agents across the country.
In October 2022, KCB Bank reached a TZS 1.5 trillion asset value, solidifying its status as a tier-one bank in the sector.
KCB Bank has been a leader in advancing the Social Development Goals (SDGs) through various community initiatives, significantly impacting the lives of many, particularly youth and women.
