By Andrew Green and Duncan Miriri JUBA/NAIROBI (Reuters) - Kenya Commercial Bank started small in Africa's newest nation, South Sudan - very small. Executive Martin Oduor-Otieno, sleeping in a tent at night, found a shop he could rent in Juba that was just big enough to fit a partition and grill, the basic requirement to open KBC's first branch. KCB now has 21 branches in South Sudan generating 9 percent of the group's 15.2 billion Kenyan shillings in pretax profit for the first nine months of 2013. The scope for banking expansion in Africa looks vast.
Kamis, 05 Desember 2013
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