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United Bank for Africa Uganda Limited, also UBA Uganda, is a commercial bank in Uganda. It is licensed by the Bank of Uganda , the central bank and national banking regulator. [ 4 ] UBA Uganda is a subsidiary of the United Bank for Africa , headquartered in Lagos , Nigeria, with a presence in twenty African countries, the United Kingdom, France ...
United Bank for Africa Plc (UBA) is a multinational pan-African financial services group headquartered in Lagos Island, Lagos and known as Africa’s Global Bank. It has subsidiaries in 20 African countries and offices in London, Paris and New York. [ 3 ]
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 ]
Equity Bank Uganda Limited, part of Equity Group; Exim Bank Uganda Limited, part of Exim Bank Group; Finance Trust Bank Limited; Housing Finance Bank Uganda Limited, state-owned; KCB Bank Uganda Limited, part of KCB Group; NCBA Bank Uganda Limited, part of NCBA Group; I&M Bank (Uganda) Limited, part of I&M Bank Group
UBA Uganda was also profitable in 2018 and 2019. [ 7 ] In January 2024, as part of the re-organization of the Nigerian banking system, the Central Bank of Nigeria, named Chioma A. Mang as the executive director of Keystone Bank, [ 3 ] to deputize the newly appointed CEO, Hassan Imam. [ 8 ]
Uganda Commercial Bank (UCB) was established by an Act of Parliament, "The Uganda Commercial Bank Act, 1965". The new bank was to replace the Uganda Credit and Savings Bank. [1] The bank extended banking services to rural areas, and steadily expanded its branch network throughout the 1960s and 1970s.
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]
The bank serves the banking needs of large corporations, small and medium sized enterprises, individuals and government departments.The bank is a 100 percent subsidiary of United Bank for Africa, a Nigerian-headquartered financial services conglomerate, with banking subsidiaries in 20 sub-Saharan countries, whose total assets were valued at US$14.6 billion, as of 31 December 2019.