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ABC Bank was started in 1981, as a financial institution named Consolidated Finance Company Limited. By 1994, following the gazettement of a legislation allowing financial institutions to convert into banks, Consolidated Finance Company immediately transformed, giving rise to African Banking Corporation Limited (ABC Bank) in 1995.
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In December 2010, the Central Bank of Libya acquired the 17.72% shareholding of Abu Dhabi Investment Authority in ABC, increasing its stake to 59.37%. In June 2015 Arab Banking Corporation revamped its corporate identity and changed its brand name to Bank ABC. The bank's new identity launch coincides with the commemoration of its 35th anniversary.
Number of employees. 50 (2020) ... ABC Bank (Uganda), whose full name is ABC Capital Bank Uganda Limited, ... close all customer checking accounts and cease dealing ...
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