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List Of Companies Based In Uganda
Uganda, officially the Republic of Uganda, is a landlocked country in East Africa. Uganda's economy generates income from annual exports that include coffee ($466.6 million), tea ($72.1 million), and fish ($136.2 million). The country has commenced economic reforms and growth has been robust. In 2008, Uganda recorded 7% growth despite the global downturn and regional instability. Uganda has substantial natural resources, including fertile soils, regular rainfall, and sizable mineral deposits of copper and cobalt. The country has largely untapped reserves of both crude oil and natural gas.Uganda's oil rush: Derricks in the darkness Economist.com (6 August 2009). Retrieved 24 March 2013. While agriculture accounted for 56% of the economy in 1986, with co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uganda (orthographic Projection)
}), is a landlocked country in East Africa. The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The southern part of the country includes a substantial portion of Lake Victoria, shared with Kenya and Tanzania. Uganda is in the African Great Lakes region. Uganda also lies within the Nile, Nile basin and has a varied but generally a modified equatorial climate. It has a population of around 49 million, of which 8.5 million live in the Capital city, capital and largest city of Kampala. Uganda is named after the Buganda kingdom, which encompasses a large portion of the south of the country, including the capital Kampala and whose language Luganda is widely spoken throughout the country. From 1894, the area was ruled as a protectorate by the UK, United Kingdom, which established administrative law across the territory. Uganda gained independence fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Baroda Uganda Limited
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. Overview BBU is involved in all aspects of commercial banking, focusing on large corporations, small and medium enterprises, and individuals. BBU is a subsidiary of the Bank of Baroda (BoB), an international bank with headquarters in Mumbai, India. BBU is listed on the Uganda Securities Exchange (USE) where it trades under the symbol "BOBU". As of December 2019, BBU had total assets of (US$498,172,000), with shareholders' equity of (US$104,885,000). History BoB opened its first overseas branches in Mombasa, Kenya and Kampala, Uganda in 1953. BBU commenced operations in Uganda on 18 December 1953, initially as an overseas branch of BoB. On 1 November 1969, B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Bank Of Africa
Commercial Bank of Africa (CBA) was a financial services provider headquartered in Nairobi, Kenya, the largest economy in the East African Community. CBA was licensed by the Central Bank of Kenya, the central bank and national banking regulator. , the bank was one of the largest commercial banks in Kenya with assets of approximately US$2.166 billion (KES:215.6 billion), with shareholders' equity of approximately US$217.83 million (KES:21.68 billion). It was the largest privately owned commercial bank in Kenya. History The bank was founded in 1962 in Dar es Salaam, Tanzania. Soon, branches were opened in Nairobi & Mombasa, Kenya and in Kampala, Uganda. When Tanzania nationalised private banks in 1967, the bank moved its headquarters to Nairobi. Following political changes in Uganda in 1971, the bank sold its assets in that country. At the beginning, CBA was owned by a consortium of financial institutions known as ''Société Financière pour les Pays d'Outre-Mer'' (SFOM), based ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Bank Of Africa (Uganda)
The Commercial Bank of Africa (Uganda) (CBAU) is a commercial bank in Uganda. The bank opened in 2014, following the issuance of a commercial banking license by the Bank of Uganda, the central bank and the national banking regulator. The bank is a member of the Commercial Bank of Africa Group (CBA Group), headquartered in Nairobi, Kenya. NCBAU serves the banking needs of individuals and businesses in Uganda. It focuses on meeting the banking needs of large corporations, diplomatic missions, non-governmental organizations, and high net-worth private clients. The parent company raised KES:1.5 billion from its shareholders to finance CBAU. History The NCBA Group, the parent company, was founded in 2019 in Nairobi, Kenya. Branches were then opened in Nairobi and Mombasa, Kenya and in Kampala, Uganda. In 1969, the bank sold its assets in Uganda to Barclays Bank of Uganda. In October 2011, the CBA Group announced plans to enter Uganda. In February 2013, Kenyan print media reported tha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citigroup
Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant #Citicorp, Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002. Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries. Citigroup is Delaware General Corporation Law, incorporated in Delaware. Citigroup is the List of largest banks in the United States, third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four (banking)#United States, Big Four banking institutions of the United States. It is considered a Systemically important financial institution, systemically important bank by the Financial Stability Board and is commonly cited as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citibank Uganda
Citibank Uganda, is a commercial bank in Uganda operating as a wholly owned subsidiary of New York-based Citigroup. It is one of the regulated banking institutions licensed by the Bank of Uganda, the national banking regulator. Overview The bank is a medium-sized international bank that focuses on meeting the banking needs of large corporate customers as well as of those individuals with high net worth. , the bank's total asset valuation was approximately USh990 (US$262 million). As of 31 December 2015, shareholders' equity was about USh:155 billion (US$63.5 million). The bank is an active participant in the promotion of financial literacy in Uganda, especially in the country's schools. See also * List of banks in Uganda * Banking in Uganda * Economy of Uganda The economy of Uganda has great potential and appeared poised for rapid economic growth and development. Uganda is endowed with significant natural resources, including ample fertile land, regular rainfall, and minera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Centenary Bank
Centenary Bank is a commercial bank in Uganda licensed by the Bank of Uganda, the central bank and national banking regulator. History The bank was founded in 1983 as a credit trust, Centenary Rural Development Trust (CRDT), by Simeon Lutaakome, Hugh Francis Pulle, Paul Kateregga, Vincent Kirabo kya Maria, Emmanuel Mpande, and John Ogutu. In 1985, CRDT began to provide financial services to the public. The bank became a fully licensed commercial bank in 1993, after receiving a license from the Bank of Uganda. As of May 2016, Centenary Bank was the largest majority indigenous Ugandan commercial bank. In May 2009, John Giles left the seat of Managing Director after three years at the position. In 2011, the Centenary Bank launched a program with the World Bank Group to develop loans in the Ugandan agricultural sector. In 2017, Centenary launched on a new core banking platform developed by the Greek company Intrasoft International S.A. and signed a partnership with Mastercard ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cairo International Bank
Cairo Bank Uganda Limited (CBUL), formerly known as Cairo International Bank (CIB), is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. It is a subsidiary of Egypt-based banking group, Banque du Caire Group. Headquarters location Cairo Bank Uganda has its headquarters at Lotis Towers, at Plot 16 Mackinnon Road, Nakasero Hill, in the central business district of Kampala, Uganda's capital city. The geographical coordinates of the bank's headquarters are: 0°19'17.0"N, 32°35'05.0"E (Latitude:0.321389; Longitude:32.584722). Overview CBUL focuses on serving small and medium businesses (SMEs), educational institutions, non-governmental organizations and corporate entities. In 2020, the bank re-branded and turned its focus on meeting the banking needs of SMEs. Cairo Bank Uganda Limited is a fully owned subsidiary by Banque du Caire (BDC), an Egypt-based financial services conglomerate with total assets in exces ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BRAC Uganda Bank Limited
BRAC Uganda Bank Limited (BUBL), is a credit institution ( ′Tier II Financial 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. Location BRAC Uganda Bank Limited maintains headquarters at 880 Heritage Road, in the Nsambya neighborhood, in the Makindye Division, of Kampala, Uganda's capital ad largest city. The coordinates of the bank's headquarters are 0°17'53.0"N, 32°35'45.0"E (Latitude:0.298056; Longitude:32.595833). Overview BRAC Uganda Bank Limited is a Tier II Financial Institution (MFI), licensed by the Bank of Uganda, the central bank and national banking regulator. As a credit institution, it is not authorized to offer checking accounts or deal in foreign exchange. The company is authorized to take in customer deposits and to establish savings accounts. It is also authorized make collateralized and non ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barclays
Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney, Peckover and Company, united as a joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North American operations of Lehman Brothers in 2008. Barclays has a pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barclays Bank Of Uganda
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. Overview The bank is primarily involved in meeting the banking needs of individuals, small and medium-sized businesses (SMEs), and large corporations. Before 2006, the bank focused on meeting the banking needs of only large corporations and high-net-worth individuals. That focus was loosened to include SMEs and regular customers. As of December 2021, the bank's total assets were valued at UGX:3.9 trillion (US$1.1 billion), with shareholde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Uganda
The Bank of Uganda ( sw, Benki Kuu ya Uganda) is the central bank of Uganda. Established in 1966, by Act of Parliament, the bank is wholly owned by the government but is not a government department. History In 1979 and again in 1987, the Bank of Uganda managed to maintain an exchange rate of USh to US$1. Starting in 1987, the IMF backed the development of the Bank of Uganda, and completed its first stage of recapitalizing the central bank in 1997. At the AFI Global Policy Forum held in Riviera Maya in Mexico in 2011, the Bank of Uganda was one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under The Maya Declaration. In June 2019, 7 directors of the bank were fired after accusations of printing their own money bills. Organization The board of directors of the Bank of Uganda is the bank's supreme policy making body. It is chaired by the governor or, in his or her absence, by the deputy governor. The duties ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
