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This is a list of commercial banks and other credit institutions in Uganda, as updated March 2023 by the Bank of Uganda [1] [2] and taking into account the more recent downgrading of three banks to other credit institutions.
The board of directors of the Bank of Uganda is the bank's supreme policy making body. It is chaired by the governor or, in his or her absence, by the deputy governor. The duties and powers of the board are specified by the Bank of Uganda Act. This Act makes the board responsible for the general management of the affairs of the bank. The board formulates policy and ensures
The new owners renamed the bank Allied Bank. In October 2006, Banque Belgolaise sold its shares to investors that included the Bank of Africa (Kenya), [5] Aureos East Africa Fund LLC, [6] and Central Holdings (Uganda) Limited. The name of the bank was changed to Bank of Africa (Uganda) Limited. [7]
At the time it was acquired, I&M Bank Uganda, according to The East African newspaper, had a customer base of about 70,000, deposits worth KSh 18.2 billion (US$170.09 million), and a net loan book of approximately KSh 7.7 billion (US$71.96 million). At that time, the bank employed 340 members of staff, in 14 networked branches, and maintained ...
NCBA Bank Uganda is a Corporate led Commercial Bank in Uganda, focusing on meeting the banking needs of [Large Corporates]] and large corporations. As of 31 December 2023 [update] , the total assets of the bank were valued at UGX:854 billion (US$227.324 million). [ 2 ]
As of 31 December 2019, Absa Bank Uganda was the third-largest commercial bank in the country, by assets. [10] As of December 2022, Absa Bank Uganda has assets valued at USh4.23 trillion (approx. US$1.143 billion), accounting for 9.31 percent of total banking assets in the country at that time. [11]
Equity Bank Uganda Limited (EBUL), is a commercial bank in Uganda.It is licensed by the Bank of Uganda, the central bank and national banking regulator. [4] EBUL is a subsidiary of Equity Group Holdings Limited, a financial service conglomerate with headquarters in Kenya and subsidiaries in six countries of the African Great Lakes Region.
UBA Uganda is a retail bank that serves small and medium enterprises (SMEs), large corporations and individual customers. As of 31 December 2023, UBA Uganda's total assets were USh 623,093,431,000/= (approx. US$164.235 million), with shareholders' equity of USh 142,572,067,000/= (approx. US$37.6 million).