- Oriental Commercial Bank
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Oriental Commercial Bank Type Private Industry Financial Services Founded 2002 Headquarters Nairobi, Kenya Key people Shanti Shah, Chairman
R.B.Singh, Managing Director & CEOProducts Checking, Savings, Investments, Debit Cards Revenue Aftertax: US$450,900+ (2009)[1]
Total assets US$47 million (2010) (H1-unaudited) Website Homepage Oriental Commercial Bank (OCB), whose full name is Oriental Commercial Bank Limited, is a commercial bank in Kenya. It is one of the forty-four (44) commercial banks licensed by the Central Bank of Kenya, the national banking regulator.[2] The bank was established in its present form in 2002, according to its website.
Contents
Overview
OCB is a small retail bank in Kenya, East Africa's largest economy. As of June 2010[update], the bank's total assets were valued at about US$47 million (KES:3.98 billion), with shareholders' equity of nearly US$14 million (KES:1.15 billion).[3] In December 2010, the bank was ranked number thirty-nine (39), by assets, out of forty-three (43) licensed commercial banks in the country.[4]
Ownership
As of December 2010[update], Oriental Commercial Bank is a privately held company whose owners are not publicly known.
Branch network
The bank maintains a network of branches at the following locations: [5]
- Nairobi Branch - Finance House, Koinange Street, Nairobi - Manager: Rakesh Kashyap
- Westlands Branch - Apollo Centre, Ring Road, Westlands, Nairobi - Manager: Kishor Soni Main Branch[6]
- Nakuru Branch - AFC Building, Kijabe Row, Nakuru - Manager: Alphonse Gambo
- Eldoret Branch - Muya House, Kenyatta Street, Eldoret - Manager: Vijayshree Jethwa
- Kitale Branch - Robert Ouko Road, Kitale - Manager: Johnson Muchira
Governance
The bank is governed by a six-person Board of Directors. Shanti Shah, one of the non-Executive Directors serves as the Chairman of the Board. The Managing Director and Chief Executive Officer is R.B. Singh[7]
External links
See also
- List of banks in Kenya
- Central Bank of Kenya
- Economy of Kenya
References
- ^ December 2009 Audited Financial Report
- ^ List of Licensed Commercial Banks in Kenya
- ^ June 2010 Interim Financial Statement
- ^ December 2010 Rankings Of Kenyan Commercial Banks By Assets
- ^ Branches of Oriental Commercial Bank
- ^ Company Profile At Yellow.co.ke
- ^ Board of Directors of Oriental Commercial Bank
Categories:- Banks of Kenya
- Companies of Kenya
- Banks established in 2002
- Companies established in 2002
- Nairobi
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