List Of Licensed Credit Institutions In Uganda
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List Of Licensed Credit Institutions In Uganda
This is a "list of licensed credit institution in Uganda". # BRAC Uganda Bank Limited # Mercantile Credit Bank # Top Finance Bank Uganda Limited # Yako Bank Uganda Limited See also * Banking in Uganda * List of banks in Uganda * List of Microfinance Deposit-taking Institutions in Uganda * List of companies based in Uganda References External linksThe Financial Sector In Uganda Credit institutions A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ... Finance in Uganda {{Economy of Uganda ...
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Uganda
}), is a landlocked country in East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territories make up Eastern Africa: Due to the historical .... 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, includi ...
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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 ...
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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 ...
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The Independent (Uganda)
''The Independent'' is a newsmagazine published in Kampala, Uganda. Overview The newspaper covers general and business news. It also has dedicated sections for news analysis, Eastern African regional news and a features section. It comes out in glossy print, but it is also available on the Internet. It is published in English only. History The paper was founded in 2007, by Andrew Mwenda, who owns, edits and publishes the news magazine. See also * List of newspapers in Uganda * Media in Uganda * Andrew Mwenda * Achola Rosario Achola Rosario (born 28 October 1978) is a Ugandan artist and reporter. Rosario uses art, poetry, and unconventional lifestyle to drive her activism on topics such as politics, love, sex, and a balance of power between the haves and the have not's ... References External links Official website Newspapers published in Uganda Mass media in Kampala Publications established in 2007 2007 establishments in Uganda {{Uganda-media-stub ...
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Daily Monitor
The ''Daily Monitor'' is a Ugandan independent daily newspaper. Its name is shared by the ''Saturday Monitor'' and ''Sunday Monitor'', which are also published by Monitor Publications Limited. ''Daily Monitor'' averaged a daily circulation of 24,230 newspapers in September 2011. By the fourth quarter of 2019, that figure had dropped to 16,169 copies daily. Location The headquarters of the ''Daily Monitor'' and the Daily Monitor Publications, as well as the printing press of the newspaper, are located at 29-35 8th Street (Namuwongo Road) in the Industrial Area of Kampala, Uganda's capital and largest city. Overview The newspaper was established in 1992 as ''The Monitor'', and relaunched as the ''Daily Monitor'' in June 2005. The paper asserts that its private ownership guarantees the independence of its editors and journalists. The newspaper headquarters are housed in the same building that houses the other investments owned by Monitor Publications Limited, including ''Daily Monit ...
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Mercantile Credit Bank
Mercantile Credit Bank (MCB), is a Ugandan tier II financial institution licensed by the Bank of Uganda, the national banking regulator. MCB is classified as "credit institution", one of only four such institutions in this class of financial service providers in the country. , the bank's total assets exceeded US$6.6 million (UGX:16.5 billion), with shareholders' equity of approximately US$1.6 million (UGX:4 billion). In December 2012, the total assets were estimated at US$9.9 million (UGX:25 billion) following its growth in operations. History MCB was registered as a Merchant Bank in 1981 and commenced operations in 1986. Following the review of the banking laws in Uganda that led to the financial Institutions Act of 2004, MCB was categorised as a Tier II Institution. As a tier II financial institution, MCB is allowed to establish customer savings and fixed deposit accounts and other core banking products including provision of credit facilities, fund transfers and foreign exc ...
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Top Finance Bank Uganda Limited
Salaam Bank Uganda, formerly Top Finance Bank Limited (TFBL), is a commercial bank in Uganda. The institution received an Islamic commercial banking license, on 8 September 2023. The license was personally handed over by the Acting Governor of the Bank of Uganda, Dr Michael Ating-Ego. It is the first commercial bank in the country authorized to operate according to Islamic Shari'ah law. Location The headquarters and main branch of Salaam Bank Uganda are located on the 4th Floor, Rwenzori Courts, Plot 2 - 4A, Nakasero Road, Kampala, Uganda. This is within the Central Division of the capital city. History In 2012, the institution was founded and registered on 14 June 2012. It was licensed on 8 September 2014 by the Bank of Uganda, as Tier II Credit Institution under the name ''Top Finance Bank''. In August 2022 Salaam African Bank (SAB), a commercial bank based in Djibouti, acquired Top Finance Bank at an undisclosed price. SAB also maintains subsidiaries in Kenya and mainta ...
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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 ...
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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
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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 ...
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Lists Of Companies Of Uganda
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may not be altered without permission * Lists (jousting), the barriers used to designate the tournament area where medieval knights jousted * ''The Book of Lists'', an American series of books with unusual lists See also * The List (other) * Listing (d ...
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