Company type | Private |
---|---|
Industry | Financial services |
Founded | 2011 |
Headquarters | 6 Hannington Road Kampala, Uganda |
Key people | Sarah Nanziri Bagalaaliwo Chairperson Sabhapathy Krishnan Triplicane CEO [1] |
Products | Home loans, personal loans, vehicle loans, investments, checking and savings accounts, debit cards, bid bonds and others. |
Revenue | ![]() |
Total assets | US$90.91 million (UGX:341.2 billion) (2019) [2] |
Number of employees | 180+ (2016) [3] |
Parent | Exim Bank (Tanzania) |
Website | Homepage |
Exim Bank (Uganda) (EBU), commonly known as Exim Bank, is a commercial bank in Uganda. It is one of the commercial banks licensed by the Bank of Uganda (BOU), the central bank and national banking regulator. [4] EBU is a member of the Exim Bank Group (East Africa), a large financial services conglomerate with subsidiaries in Tanzania, Comoros, Uganda and Djibouti. The group also maintains a representative office in Ethiopia. [5]
This bank provides services to both individuals and corporate clients. As of December 2019, the bank's total assets were valued at approximately UGX 341.2 billion (approx. US$90.907 million). At that time, the bank's customer deposits were UGX 275.6 billion (approx. US$73.429 million). [2]
Exim Bank Uganda was established in 2011 as Imperial Bank Uganda by two major investors, Mukwano Group, a diversified Ugandan business and manufacturing conglomerate, and Imperial Bank Kenya, a medium-sized financial services provider, based in Nairobi, Kenya. [6]
On 13 October 2015, following the death of the Imperial Bank Group's managing director, the Central Bank of Kenya placed Imperial Bank Kenya under statutory management due to "unsafe and unsound business conditions to transact business" at the parent company. BOU took over Imperial Bank Uganda the same day. [7] [8] BOU promptly put the Imperial Bank Group's shareholding on sale. [9] On 7 March 2016, Exim Bank (Tanzania) acquired the ownership interest that Imperial Bank Kenya formerly had in this bank and re-branded it to Exim Bank (Uganda). [10] [11]
The stock of the bank is privately held. The detailed shareholding in Exim Bank (Uganda) as of March 2016 is depicted in the table below: [12] [13]
Rank | Name of Owner | Percentage Ownership |
---|---|---|
1 | Exim Bank of Tanzania | 58.6 |
2 | Amazal Holdings Limited of Uganda | 36.5 |
3 | Export Finance Limited of Uganda | 4.9 |
Total | 100.00 | |
As of July 2022, the locations of the bank's branches included the following: [14]
The Chairperson of the EBU Board is Sarah Nanziri Bagalaaliwo, a non-Executive Director. The Chief Executive Officer is Henry Lugemwa Kyanjo, who is a non-shareholder. [15]
Port Bell is a small industrial centre in the greater metropolitan Kampala area, in Uganda. Port Bell has a rail link and a railroad ferry wharf used for International traffic across Lake Victoria to Tanzania and Kenya.
Before Uganda's independence in 1962, the main banks in Uganda were Barclays ; Grindlays, Standard Bank and the Bank of Baroda from India. The currency was issued by the East African Currency Board, a London-based body. In 1966, the Bank of Uganda (BoU), which controlled the issue of currency and managed foreign exchange reserves, became the central bank and national banking regulator. The government-owned Uganda Commercial Bank and the Uganda Development Bank were launched in the 1960s. The Uganda Development Bank is a state-owned development finance institution, which channeled loans from international sources into Ugandan enterprises and administered most of the development loans made to Uganda.
Housing Finance Bank (HFB) is a commercial bank in Uganda. It is one of the commercial banks licensed by Bank of Uganda, the national banking regulator.
I&M Bank Uganda, formerly Orient Bank, whose complete name is I&M Bank (Uganda) Limited, is a commercial bank in Uganda which is licensed by the Bank of Uganda (BOU), the central bank and national banking regulator.
Stanbic Bank Uganda Limited (SBU) is a commercial bank in Uganda and is licensed by the Bank of Uganda, the central bank and national banking regulator.
Diamond Trust Bank Uganda Limited (DTBUL), is a commercial bank headquartered in Uganda. It is licensed and supervised by the Bank of Uganda, the central bank and national banking regulator.
Crane Bank Limited was a commercial bank in Uganda licensed and supervised by the Bank of Uganda (BOU), the central bank and national banking regulator. Crane Bank was acquired by DFCU Bank in January 2017 at a cost of Ush200 billion on grounds that it was undercapitalized as declared by the regulator Bank of Uganda.
Equity Bank Uganda Limited (EBUL), is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. EBUL is a subsidiary of Equity Group Holdings Limited, a financial service conglomerate with headquarters in Kenya and subsidiaries in six countries of the African Great Lakes Region.
PostBank Uganda is a commercial bank in Uganda, licensed and supervised by the Bank of Uganda, the country's central bank and national banking regulator. The bank received her tier-1 banking license in December 2021.
Absa Bank Uganda Limited, formerly known as Barclays Bank of Uganda Limited, is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. The bank is a subsidiary of Absa Group Limited, a financial services conglomerate, based in South Africa, with banking subsidiaries in 12 African countries and representative offices in two other African countries. Absa Bank Group, whose shares trade on the JSE Limited, was reported to have total assets in excess of US$91 billion, as of October 2019.
The Mukwano Group of Companies, commonly known as the Mukwano Group, is a conglomerate based in Uganda, with operations in other East African countries.
ABC Bank (Uganda), whose full name is ABC Capital Bank Uganda Limited, is a Tier II credit institution in Uganda that is licensed by the Bank of Uganda, the central bank and national banking regulator. Previously licensed as a commercial bank, the institution was given between 1 April 2024 and 1 July 2024 to re-organize as a Tier II institution, close all customer checking accounts and cease dealing in foreign exchange.
Opportunity Bank Uganda Limited (OBUL), is a Tier II credit institution in Uganda. It was previously registered as a commercial bank by the Bank of Uganda, the central bank and national banking regulator. The institution received a commercial banking license on 25 September 2019.
Standard Chartered Uganda, whose official name is Standard Chartered Bank Uganda Limited but is often referred to as Stanchart Uganda, is a commercial bank in Uganda. It is one of the banks licensed by the Bank of Uganda, the central bank and national banking regulator.
Exim Bank (Tanzania) (EBT), is a commercial bank in Tanzania, the second-largest economy in the East African Community. The bank is licensed by the Bank of Tanzania, which is the country's central bank and national banking regulator.
The Entebbe–Kampala Expressway, also known as the "Kampala–Entebbe Expressway" or the "Entebbe–Kampala Highway", is a four-lane toll highway in the Central Region of Uganda. The highway links Entebbe International Airport, the country's largest civilian and military airport, to Kampala, the country's capital and largest metropolitan area. Originally, the highway was planned for commissioning in 2016, but because of the delayed works, commissioning was done on 15 June 2018 by Uganda's sitting president, Yoweri Museveni. Recently, the Uganda Minister for Works and Transport, Gen. Katumba Wamala launched the toll point at Kajjansi along Kampala–Entebbe Road.
NCBA Bank Uganda Limited, 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.
Alykhan Karmali is an entrepreneur, industrialist, and philanthropist in Uganda. He is the managing director of Mukwano Industries Uganda Limited, a member company of the Mukwano Group. He also served as a non-executive director of Exim Bank (Uganda), a commercial bank in which the Mukwano Group maintains 36.5 percent stake.
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.
{{cite web}}
: |author=
has generic name (help)