Search results
Results From The WOW.Com Content Network
In 2003, the Uganda government acquired 100 percent shareholding in the enterprise, changing the name to Pride Microfinance Limited Uganda. [3] In 2005, it attained the status of a Tier III (an MDI), according to the Banking Act of 2003.
This is a list of regulated "Microfinance Deposit-taking Institutions" in Uganda. They are supervised and regulated by the Uganda Microfinance Regulatory Authority (UMRA). [1] FINCA Uganda Limited [2] Pride Microfinance Limited [2] UGAFODE Microfinance Limited [2]
In September 2010, in preparation to become an MDI, UGAFODE Microfinance Limited was incorporated as a limited company. [6] In 2011, the institution accepted eight new shareholders, including Ezra Suruma, Uganda minister of finance from 2005 until 2009 and senior adviser for finance and planning to the President of Uganda. [7]
As of 2008, Stanbic Uganda was the dominant commercial bank in Uganda, with about 27 percent of all bank assets and about 20 percent of all bank branches. [ 6 ] Nile Bank Limited , an indigenous institution, was acquired by the British conglomerate Barclays in January 2007 and merged with its existing Ugandan operations to form the Barclays ...
Location of Uganda. Uganda, officially the Republic of Uganda, is a landlocked country in East Africa. Uganda's economy generates income from annual exports that include coffee ($466.6 million), tea ($72.1 million), and fish ($136.2 million). [1] The country has commenced economic reforms and growth has been robust.
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.
FINCA Uganda was licensed as an MDI in 2004, although the institution has been in the country since 1992. [4]FINCA provides financial services to Uganda's lowest-income entrepreneurs with the aim of alleviating poverty through lasting solutions that help people to create jobs, build assets, and improve their standard of living.
EFC Uganda Limited (EFCUL), also known as EFC Uganda, was a microfinance deposit-taking institution (MDI) in Uganda whose license was withdrawn and liquidated by Bank of Uganda on 19 January 2024. [ 1 ]