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Guaranty Trust Bank (Uganda)
Guaranty Trust Bank (Uganda), commonly referred to as GT Bank (Uganda), is a commercial bank in Uganda. It is one of the commercial banks licensed by Bank of Uganda, the central bank of that country and the national banking regulator. GT Bank (Uganda) is a retail financial services institution that provides commercial banking services to individuals and small to medium-sized corporate clients. , the asset valuation of the bank was estimated to be US$30.63 million ( USh 104.9 billion), with shareholders' equity of US$11 million (USh 39.7 billion) GT Bank (Uganda) is a subsidiary of Guaranty Trust Bank (GTB), a Nigerian financial services conglomerate with assets in excess of ₦2,525 billion . History GT Bank (Uganda) was founded in 2008 as Fina Bank (Uganda), a subsidiary of the Fina Bank Group based in Kenya. In 2013, the Group sold 70 percent shareholding to GTB for a cash consideration of US$100 million. In January 2014, the bank rebranded ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigerian Naira
The naira (currency sign, sign: ₦; ISO 4217, code: NGN) is the currency of Nigeria. One naira is divided into 100 ''kobo''. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federal Republic of Nigeria. It controls the volume of money supplied in the economy in order to ensure monetary and price stability. The Currency Operations Department of the CBN is in charge of currency management, through the designs, procurement, distribution and supply, processing, reissue and disposal or disintegration of bank notes and coins. History The naira was introduced on 1 January 1973, replacing the Nigerian pound at a rate of £1 = ₦2 naira. The coins of the new currency were the first coins issued by an independent Nigeria, as all circulating coins of the Nigerian pound were all struck by the Colonial Nigeria, colonial government of the Federation of Nigeria in 1959, with the name of Elizabeth II, Queen Elizabeth II on the obverse. This also made ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guaranty Trust Bank (Kenya)
Guaranty Trust Bank (Kenya) Ltd, commonly referred to as GTBank Kenya, is a commercial bank in Kenya and a subsidiary of the Nigerian Guaranty Trust Bank Plc. It is licensed by the Central Bank of Kenya, the central bank and national banking regulator. The Bank provides banking services with focus on Corporate Banking, SME Banking, Personal Banking, Private Banking and Treasury Services. , the Bank was a medium-sized financial services provider, providing commercial banking services to individuals and organisations. At that time, its total asset valuation was estimated at about US$242.2 million (KES:20.94 billion). In 2013, GTBank Kenya was ranked number 22, by assets, among 43 licensed banks in Kenya then. History The Bank was founded in Nairobi, in 1986, as Finance International Limited, a "Non-Banking Financial Institution" (NBFI). The name of the institution was later changed to the Finance Institution of Africa (FINA). In 1991 the company changed ownership. In 1995, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Uganda
Before Uganda's independence in 1962, the main banks in Uganda were Barclays (UK based); Grindlays (also UK), Standard Bank (South Africa based) 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. The East African Development Bank (EADB), established in 1967, was jointly owned by Uganda, Kenya, and Tanzania. It was also concerned with development finance. It survived the breakup of the East African Community in 1977 and received a new c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Uganda
This is a list of commercial banks in Uganda # ABC Bank Uganda Limited # Absa Bank Uganda Limited # Bank of Africa Uganda Limited # Bank of Baroda Uganda Limited # Bank of India Uganda Limited # Cairo Bank Uganda # Centenary Bank # Citibank Uganda # DFCU Bank # Diamond Trust Bank # Ecobank Uganda # Equity Bank Uganda Limited # Exim Bank (Uganda) # Finance Trust Bank # Guaranty Trust Bank # Housing Finance Bank # I&M Bank Uganda # KCB Bank Uganda Limited # NCBA Bank Uganda # Opportunity Bank Uganda Limited # PostBank Uganda # Stanbic Bank Uganda Limited # Standard Chartered Uganda # Tropical Bank # United Bank for Africa See also *Banking in Uganda * List of Microfinance Deposit-taking Institutions in Uganda *List of licensed credit institutions in Uganda References External links Kenyan Banks In Major Ugandan Expansion [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kira Town
Kira Town, a municipality in the Wakiso District of the Central Region of Uganda, is the country's second-largest city by population. It is administered by the Kira Town Council, an urban local government. Location Kira town council was elevated to Municipal level by an Act of Parliament and became operational in financial year 2016/2017 under vote 781. Kira Municipality is bordered by Gayaza to the north, Mukono to the east, Lake Victoria to the south, Kampala to the west, and Kasangati to the north-west. The town is approximately north-east of the central business district of Kampala, Uganda's capital and largest city. The coordinates of the town are 0°23'50.0"N, 32°38'26.0"E (Latitude:0.397237; Longitude:32.640557). The town is approximately in size. Administration Kira Municipality is made up of three Divisions of Namugongo, Kira and Bweyogere which are further divided into six administrative parishes. These are: The political head of the Municipality is the His Worshi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kyaliwajjala
Kyaliwajjala is a neighborhood in Kira Town, Kira Municipality, Kyaddondo County, Wakiso District, in Central Region, Uganda, Central Uganda. Location Kyaliwajja is bordered by Namugongo to the northeast, Bweyogerere to the southeast, Naalya to the south, Najjera to the west and Kira, Uganda, Downtown Kira to the northwest. This location lies approximately , by road, northeast of Kampala, the capital of Uganda and the largest city in the country. The coordinates of Kyaliwajjala are:0°22'48.0"N 32°38'47.0"E (Latitude:0.380000; Longitude:32.646389). Overview In the 1960s and 1980s, Kyaliwajjala was a trading center at a road intersection. During the 21st Century it has developed into a bustling urban center with banks, retail shops, gasoline stations, pharmacies and hardware stores. The Kampala Northern Bypass Highway passes through Naalya, to the south of the neighborhood. Population During the 2002 national population census, the population of Kyaliwajjala was estimated at abou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mbarara
Mbarara City is a city in the Western Region of Uganda and the second largest city in Uganda after Kampala. The city is divided into 6 boroughs of Kakoba Division, Kamukuzi Division, Nyamitanga Division, Biharwe Division, Kakiika Division, Nyakayojo Division. It is the main commercial centre of most of south western districts of Uganda and the site of the district headquarters. In May 2019, the Uganda's cabinet granted Mbarara a city status, which started on 1 July 2020. Location Mbarara is an important transport hub, lying west of Masaka on the road to Kabale, near Lake Mburo National Park. This is about , by road, southwest of Kampala, Uganda's capital and oldest city. The coordinates of the Mbarara central business district are 00 36 48S, 30 39 30E (Latitude:-0.6132; Longitude:30.6582). The city lies at an average elevation at about above sea level. City Wards The city has a total of 23 wards spread across 6 divisions and 2 constituencies Population In 2002, the national ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Vision
The ''New Vision'' is a Ugandan English-language newspaper published daily in print form and online. Overview ''New Vision'' is one of two main national English-language newspapers in Uganda, the other being the ''Daily Monitor''. It is published by the Vision Group, which has its head office on First Street, in the Industrial Area of Kampala, Uganda's capital and largest city in that East African country. History It was established in its current form in 1986 by the Ugandan government. It was founded in 1955 as the ''Uganda Argus'', a British colonial government publication. Between 1962 and 1971, the first Obote government kept the name of its daily publication as ''Uganda Argus''. Following the rise to power of Idi Amin in 1971, the government paper was renamed ''Voice of Uganda''. When Amin was deposed in 1979, the second Obote government named its paper ''Uganda Times''. When the National Resistance Movement seized power in 1986, the name of the daily newspaper was chan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kamwookya
Kamwookya, sometimes spelled as Kamwokya, is a location within the city of Kampala, Uganda's capital and largest metropolitan area. Location Kamwookya is bordered by Kyebando to the north, Bukoto to the northeast, Naguru to the east, Kololo to the southeast, Nakasero to the south and Mulago to the west. This location is approximately , by road, northeast of the Kampala's central business district. The coordinates of Kamwookya are:0°20'33.0"N, 32°35'20.0"E (Latitude:0.342500; Longitude:32.588889). Overview Kamwookya is a mixed residential and commercial area of the city, with a large number of small Information Technology (IT) businesses. Kamwookya is also the location of a central market, restaurants, shops, dry-cleaners and sports bars, many of them, upscale. Closer to the city center, one can find several foreign embassies, government buildings and an upscale shopping mall. (See ''Points of interest below:''). In the northern portion of Kamwookya, between the Kampala Nort ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomberg L
Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and mayor of New York City (2002–2013) * Ramon Bloomberg (born 1972), American artist and film director Other uses * Bloomberg L.P., financial news and media company founded by Michael Bloomberg ** Bloomberg News, a news agency ** ''Bloomberg Businessweek'', weekly business magazine and website ** ''Bloomberg Markets,'' a monthly financial magazine ** Bloomberg Radio, a business radio network ** Bloomberg Television, a business news channel ***Bloomberg TV Canada ***Bloomberg TV Philippines ***Bloomberg TV Malaysia ** Bloomberg Terminal, desktop terminal and software widely used in the financial industry ** Bloomberg Data, API product using sftp or web service protocols to retrieve market data ** Bloomberg Government, online news service c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Daily Africa
''Business Daily Africa'', commonly known as ''Business Daily'', is an English-language daily business newspaper published in Kenya. The newspaper is published by Nation Media Group from its headquarters at Nation Centre on Kimathi Street in Nairobi, Kenya ) , national_anthem = "Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , .... See also References External linksBusiness Daily Website {{Media in Kenya Newspapers published in Kenya Nation Media Group Mass media in Nairobi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
