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Tuesday, July 21 2009
The Banking sector is growing and it continues to grow as the central bank is yet to license more commercial banks. Uganda now has over 20 commercial banks in operation
  1. Bank of Africa  - It started as Sembule Investment Bank in 1984. In 1996 it became Allied Bank courtesy of the new owners then. It is now Bank of Africa with its HQs on Jinja road.
  2. Bank of Baroda - Started Operations in Uganda way back in 1953. Its head office is located on Kampala Road next to Barclays Bank and another branch is right next to Club Rouge. The latest branch to be opened in Kampala is right after Kampala International University. It is listed on the Uganda Securities Exchange.
  3. Barclays Bank - Next to Bank of Baroda on Kampala road with various branches in the city centre  has been in Uganda for over 70 years. One of its products are featured here Barclays Prestige Service
  4. Cairo International Bank - On Green land towers opposite Bank of Uganda started its operations in 1995.More on the bank from the CIB Website
  5. Centenary Bank  - Formerly Centenary Rural Development Bank (CERUDEB) and now Centenary Bank is located on plot 7 Talenta House on Entebbe Road started its operations in 1983 as a credit trust and ten years later it was licensed into a full commercial bank. Centenary Bank is the largest indigenous bank with an estimated asset base of over USD 220 Million. The bank employs over 1,000 people. To contact Centenary Bank call +256 414 346856, +256 414 232 393.
  6. Citi Bank - On Ternan Avenue next to British Airways. An Ideal home for Corporate Customers.
  7. Crane Bank - Founded in 1995 and it is the seventh largest bank in Uganda as of Feb.2009.
  8. DFCU Bank - Development Finance Company of Uganda started in 1964 as a development finance company and in 2005 it became a commercial bank. Its HQs are located on plot 2 Jinja road. It is now celebrating 45 years of progress
  9. Diamond Trust Bank - In 1997 is when it became a fully fledged commercial bank with about 9 branches across its network.
  10. Eco Bank Uganda -
  11. Equity Bank Uganda   - It was created in 2008 when the Equity Bank Group purchased Uganda Microfinance Limited. Equity Bank now employs about 500 people, listed on the Uganda Securities Exchange under the symbol EQTY and it is the 13th largest commercial bank as of June 2009.
  12. Fina Bank - Started its operations in 2008 with 2 branches in Kampala plus one Mbarara and Kasese. Notable for cross border money transfer between Kenya, Rwanda and Uganda.
  13. Global Trust Bank - Started its operations in 2008 with its headquarters on Kampala road adjacent to Kenya Commercial Bank. Its majority shareholders are Nigeria's largest Insurance company, Industrial and General Insurance Co. Plc(IGI) and National Insurance Company(NIC)
  14. Housing Finance Bank  - Founded in 1967 as a mortgage bank and in January 2008 it became a commercial bank. It has an asset base estimated at USD 80Million, Housing Finance Bank was the 11th largest commercial bank in Uganda as of April, 2009.
  15. Kenya Commercial Bank  - 
  16. National Bank of Commerce  -
  17. Orient Bank -
  18. Post Bank Uganda -
  19. Stanbic Bank U Ltd -
  20. Standard Chartered Bank -
  21. Tropical Bank -
  22. United Bank for Africa -

More on Banks in Uganda: Finance

Posted by: uowd AT 12:56 am   |  Permalink   |  2 Comments  |  Email
dear sir madam i live in the uk and i want to open a barcly account in uganda as am always visiting uganda. how do i open an account without my present in uganda
Posted by margaret okello on 17/12/2009 - 02:26 PM
Just for fun
Posted by Mcclure19CLAUDETTE on 02/09/2010 - 06:08 AM

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