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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 was 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.
Centenary Bank is a commercial bank in Uganda licensed by the Bank of Uganda, the central bank and 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 national banking regulator.
DFCU Bank, registered as the Development Finance Company of Uganda Bank Limited, is a commercial bank in Uganda. It is licensed by the Bank of Uganda (BoU), Uganda's 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.
The Bank of Baroda Uganda Limited, also known as the Bank of Baroda Uganda (BBU), is a commercial bank in Uganda and a wholly owned subsidiary of Indian government owned banking and financial service company Bank of Baroda. It is one of the commercial banks licensed by the Bank of Uganda, the national banking regulator.
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.
ABC Bank (Uganda), whose full name is ABC Capital Bank Uganda Limited, is a commercial bank in Uganda and licensed by the Bank of Uganda, the central bank and national banking regulator.
Finance Trust Bank (FTB), commonly called Finance Trust, is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator.
Opportunity Bank Uganda Limited (OBUL), is a commercial bank in Uganda. It received a commercial banking licence from the Bank of Uganda on 25 September 2019.
FINCA Uganda Limited, also known as FINCA Uganda, is a microfinance deposit-accepting institution (MDI) in Uganda. It is licensed and regulated by the Bank of Uganda, the central bank and national banking regulator.
UGAFODE Microfinance Limited, commonly known as UGAFODE, is a microfinance institution in Uganda. It is registered and licensed as microfinance deposit-accepting institution (MDI) by the Bank of Uganda, the central bank and national banking regulator. UGAFODE was the fourth MDI registered in Uganda.
Mercantile Credit Bank (MCB), is a Ugandan tier II financial institution licensed by the Bank of Uganda, the national banking regulator.
EFC Uganda Limited (EFCUL), also known as EFC Uganda, is a microfinance deposit-taking institution (MDI) in Uganda. It is licensed and supervised by the Uganda Microfinance Regulatory Authority (UMRA). EFCUL lends primarily to small enterprises.
Top Finance Bank Limited (TFBL), is a credit institution in Uganda. It is licensed and supervised by the Bank of Uganda, the central bank and national banking regulator.
BRAC Uganda Bank Limited (BUBL), is a credit institution in Uganda. In April 2019, the institution received a Tier II Financial Institution Licence, which authorized it to operate as a bank, supervised by the Bank of Uganda, the national banking regulator.
References
- ↑ BoU (31 March 2023). "Licensed Credit Institutions As At 31 March 2023" (PDF). Bank of Uganda . Kampala, Uganda. Retrieved 21 August 2023.
- ↑ Patricia Akankwatsa (3 April 2023). "BRAC Turns 50". The Independent (Uganda) . Kampala, Uganda. Retrieved 21 August 2023.
- ↑ Martin Luther Oketch (6 April 2023). "BRAC seeks to grow its loan book among rural borrowers". Daily Monitor . Kampala, Uganda. Retrieved 21 August 2023.
