- CEO
- John M. Gachora
- Full Time Employees
- 4,002
- Sector
- Finance
- Industry
- Major banks
- Address
- Nairobi Kenya
- IPO Date
- Apr 24, 1995
- Business
- NCBA Group PLC is a financial services holding company headquartered in Nairobi, Kenya, offering a comprehensive suite of commercial banking, digital financial services, asset finance, investment banking, and insurance solutions. Tracing its operating history to 1959 following the merger of NIC Group and Commercial Bank of Africa in 2019, the group maintains extensive operations across East and West Africa, including Kenya, Uganda, Tanzania, Rwanda, and Côte d'Ivoire. The group conducts its business across retail, corporate, treasury, and digital banking segments, providing a diverse portfolio of financial products and services that include: retail and business banking solutions comprising transactional accounts, fixed deposits, residential mortgages, personal lending, debit and credit cards, and merchant acquiring services; digital financial services and mobile lending platforms, notably M-Shwari, Fuliza, and the Loop digital banking application; asset finance and leasing facilities, including vehicle financing, heavy commercial equipment leasing, fleet management, and insurance premium financing; corporate and institutional banking services covering syndicated loans, working capital financing, structured trade finance, foreign exchange hedging, cash management, and custodial services; wealth and investment management solutions such as unit trusts, discretionary portfolio management, pension fund administration, and securities brokerage; and comprehensive bancassurance products covering life, health, property, liability, and commercial lines. In recent major developments, NCBA Group PLC strengthened its non-banking financial footprint by completing the acquisition of the remaining 66.67% stake in AIG Kenya Insurance Company Limited to achieve 100% ownership, fully integrating general insurance operations into its bancassurance division. Additionally, the group has executed an aggressive regional retail branch expansion strategy across East Africa, deepened strategic partnerships with regional telecommunications operators to scale mobile micro-lending, secured substantial multi-currency credit lines from international development financial institutions to fund sustainability and MSME initiatives, and modernized its proprietary Loop platform to deliver integrated digital commerce and payment capabilities.