KCB Bank has expanded its reach by opening a new branch in Geita, reinforcing its commitment to financial inclusion in Tanzania.

Deputy Prime Minister and Minister for Energy, Dr Doto Biteko graced the event here yesterday, at the inauguration of the KCB Bank branch in Geita town.

He applauded KCB Bank for its spirited investment drive 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.

Cosmas Kimario, the KCB Group's regional businesses director and KCB Bank Tanzania managing director, stated that the new 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, 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 the quality of life and stimulate business and investment opportunities."

The Geita branch brings KCB Bank Tanzania’s total number of branches to 17 nationwide, with three branches in Arusha, eight in Dar es Salaam and one branch respectively in Morogoro, Moshi, Kahama, Tunduma and Zanzibar, along with over 500 agents across the country.

In October 2022, KCB Bank reached 1trn/- in asset value, solidifying its status as a tier-one bank in the local financial sector. 

KCB Bank has been a leader in advancing corporate social responsibility (CSR) through various community initiatives, significantly impacting the lives of many people, particularly youth and women, officials noted.