SWOT and PESTLE analysis of Kenya Commercial Bank; KCB

Kenya Commercial Bank (KCB) is a financial service company whose headquarters are in Nairobi, Kenya. KCB group has subsidiaries in countries like Burundi, Rwanda, South Sudan, Tanzania and Uganda.

 

 

Summary of Kenya Commercial Bank (KCB)

 

• Company name: Location: Kenya Commercial Bank (KCB)
• Location: ‎Upper Hill, Nairobi; Kenya
• Business sector: Banking/financial service
• Revenue: Ksh 19.7 Billion as per financial year ending December 2016
• CEO: Joshua Oigara
• Competitors: equity bank, cooperative bank, family bank, standard chartered, Barclays.
• Official website of KCB: https://kcbgroup.com/
• KCB official Facebook page: https://www.facebook.com/kcbgroup/
• KCB official twitter handle: @Kcbgroup
• KCB official contacts: Email: (contactcentre@kcb.co.ke),  Tel: +254 (711) 087000 or Tel: +254 (732) 187000 or Tel: +254 (20) 3270000 or Sms: 22522
• Common company tags: KCB M-PESA, KCB insurance, KCB Mtaani, online/Internet banking, Simba savings, Jiinue account, Bankika na KCB, Biashara club

SWOT analysis of Kenya Commercial Bank

The following is the SWOT analysis of Kenya Commercial Bank

Strengths

• Experienced workforce
• Accomplished business units
• Low labor costs
• Strong distribution and sales networks

Weaknesses

• Competition in the market
• Size of the market in future

Opportunities

• Urbanization
• Project funding
• Steady growth in rates and profitability
• A growing economy
• Expanding demand
• Steady increase in income levels

Threats

• Changes in price and tax
• Increasing competition
• Decreasing profitability
• Increasing labor costs
• Financial capacity
• Cyber crime
• Economic slowdown

PESTLE analysis of Kenya Commercial Bank

The following is the PESTLE analysis of Kenya Commercial Bank

Political

• Political uncertainty in the country
• Terrorism

Economical

• Volatile Kenyan currency
• Slow economic growth

Social

• Rapid urbanization

Technological

• Modern solutions in areas like forex

Legal

• Training employees in regulations
• Strict regulatory environment

Environmental

• Environmental screening of transactions

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