Page 44 - LKM70

COUNTRY FOCUS
BY MBAGARA KARITA
KENUYA
BA Kenya Bank Limited (UBA Ken- the country.
ya) was incorporated as a wholly
owned subsidiary of UBA Plc in No- Later that year UBA Kenya launched LEO,
44 | The Lion King | Commemorative Edition | January - April 2019
vember 2008, in line with UBA’s strategic objective of achieving Pan African status. The bank opened its doors to the public on 7 October 2009, following licensing by the Central Bank of Kenya (CBK).
In 2013, UBA Kenya became the first bank in Kenya to offer iTax services at
its branches, having piloted the project with the Kenya Revenue Authority (KRA). iTax is an online tax filing system, that was launched into the market by KRA.
In 2018, the Chairman of UBA Group, Mr Tony Elumelu visited Kenya and met with the President, H.E. Uhuru Kenyatta. During the visit, the Chairman and his delegation discussed and agreed how UBA Kenya can play a more significant role in mak- ing a positive impact to the economy of
UBA’s chatbot, in Kenya, a market first that is yet to be surpassed. Since incep- tion, UBA Kenya has improved its ranking from 42nd position out of 43 banks in 2012 to 29th position in Q3 of 2018. The bank looks forward to further growth into a Systemically Important Bank in Kenya.
Magical Kenya...
Kenya, the economic hub of the East Af- rica Region, rises from a low coastal plain on the Indian Ocean in a series of moun- tain ridges and plateaus which stand above 3,000 meters in the centre of the country. The country has a population of over 49 million, representing 43 different cultures with English and Kiswahili as the