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In September 2021, DTB Group Top Management including the Aga Khan, Nasim Devji Mohamed, the group Chief Executive Officer, Varghese Thambi the DTB Uganda Managing Director and John Sitakange the head of credit for DTB Uganda were summoned in Uganda by the Buganda Road Magistrates Court to retort charges of theft, electronic fraud, making ...
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.
Opportunity Bank Uganda Limited was a Tier I Financial Institution (Commercial Bank), licensed by the Bank of Uganda, the central bank and national banking regulator. [2] [3] As of September 2019, the financial institution had total assets worth USh132 billion (US$36.3 million), [2] [3] with shareholders' equity of about USh28 billion (US$7.7 million).
Centenary Bank Uganda Limited, a large commercial bank in Uganda; Centenary Technology Services Limited (Cente-Tech), an information and communications company, responsible for the ICT functions within the group. [14] Centenary Foundation, a non-government non-profit organisation, charged with promoting and executing the group's social programs.
By 2015, it said it had powered 150,000 households in Kenya, Uganda, and Tanzania, with around 10,000 mobile payments made by users on its cloud platform, M-Kopanet, made on a daily basis. [1] It had over $40 million of revenue by 2015. [11] [12] In 2015, M-Kopa estimated that 80 percent of its customers lived on less than $2 a day. [13]
NCBA Bank Uganda Limited (commonly called NCBA Bank Uganda or shortened to NCBAU), is a commercial bank in Uganda. It is one of the commercial banks licensed by the Bank of Uganda , the country's central bank and national banking regulator.
Equity Bank Uganda Limited is a subsidiary of Equity Group Holdings Limited (EGHL). The Ugandan subsidiary owns 11,333,333 ordinary shares of the parent company based in Nairobi, Kenya . EGHL is a large Kenyan financial services conglomerate , with total assets of over Kshs 1.12 trillion (US$10.4 billion), as at July 2021.
In 2012, the group established operations in Uganda through NC Bank Uganda. This was a greenfield investment. [10] NIC Group logo prior to 2019 merger. In December 2018, NIC Group announced that it would be merging with Commercial Bank of Africa Group (CBA) creating Kenya's third-biggest bank. [11]