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NC Bank Uganda
NCBA Bank Uganda Limited (commonly called NCBA Bank Uganda or shortened to NCBU), 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. Overview NCBA Bank Uganda is a retail financial services provider in Uganda, focusing on meeting the banking needs of small and medium enterprises and large corporations. , the total assets of the bank were valued at UGX:548 billion (US$149 million). The bank is a wholly owned subsidiary of the NCBA Group Plc, headquartered in Nairobi, Kenya, with subsidiaries in Kenya, Tanzania, Rwanda, Ivory Coast and Uganda. History The bank was founded in 2012 as NC Bank Uganda and received a commercial banking license from the Bank of Uganda in April 2012. The bank opened for business in May 2012. In September 2019, the two parent companies of NC Bank Uganda and Commercial Bank of Africa (Uganda), both based in Kenya, received regulatory approval to merge ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NCBA Group Plc
NCBA Group Plc, is a financial services conglomerate in East and West Africa. The Group's headquarters are located in Nairobi, Kenya, with subsidiaries in Kenya, Tanzania, Rwanda, Uganda and Ivory Coast. Location The group's headquarters are located along Mara Road, in the neighborhood called Upper Hill, in Nairobi, the Capital City of Kenya. The geographical coordinates of the group's headquarters are:01°17'52.0"S, 36°48'46.0"E (Latitude:-1.297778; Longitude:36.812778). Overview NCBA Group Plc is a large financial services organization in East and West Africa, with assets valued at over US$4.43 billion (KES:464.89 billion) as of December 2019. Shareholders' equity at that time was valued at approximately US$661 million (KES:69.416 billion). The group functions as a non-operating holding company for its subsidiaries in the region. As of October 2019, the group serviced an estimated 40 million customers in four East African countries and in one West African country. History ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kenya
) , national_anthem = "Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , official_languages = Constitution (2009) Art. 7 ational, official and other languages"(1) The national language of the Republic is Swahili. (2) The official languages of the Republic are Swahili and English. (3) The State shall–-–- (a) promote and protect the diversity of language of the people of Kenya; and (b) promote the development and use of indigenous languages, Kenyan Sign language, Braille and other communication formats and technologies accessible to persons with disabilities." , languages_type = National language , languages = Swahili , ethnic_groups = , ethnic_groups_year = 2019 census , religion = , religion_year = 2019 census , demonym = ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 2012
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 banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Uganda
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 banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 mineral deposits. Chronic political instability and erratic economic management since the implementation of self-rule has produced a record of persistent economic decline that has left Uganda among the world's poorest and least-developed countries. The informal economy, which is predominantly female, is broadly defined as a group of vulnerable individuals without protections in regards to their work. Women face a plethora of barriers specific to gender when attempting to access the formal economy of Uganda, and research revealed prejudice against lending to women in the informal sector. The national energy needs have historically exceeded the domestic energy generation, though large petroleum reserves have been found in the country's west. After the turmoil of the Ami ... [...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] |
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] |
Bugoloobi
Bugoloobi sometimes spelled as Bugolobi though incorrect, is a location in Kampala, Uganda's capital and largest city. It is a suburban neighborhood and some of the most valuable properties in Kampala are found here. It is among the most developed neighborhoods in Kampala and Uganda in general. Location Bugolobi is bordered by Nakawa and Mbuya to the north, Mutungo to the east, Kitintale and Luzira to the southeast, Muyenga to the south and southeast, Namuwongo to the west and Kampala's Industrial Area to the northwest. The road distance between Bugoloobi and the central business district of Kampala is approximately . The coordinates of Bugoloobi are:0°18'36.0"N, 32°37'30.0"E (Latitude:0.3100; Longitude:32.6250). Overview Bugoloobi is a Kampala neighborhood, situated on Bugoloobi Hill. On the lower reaches of the hill, to the northwest, the neighborhood is contiguous with the city's Industrial Area. However, the commercial real estate in the neighborhood is upscale. On the ea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nakasero
Nakasero is a hill and neighborhood in the centre of Kampala, the capital and largest city of Uganda. Nakasero is important to Uganda's economy and politics, as it is home to Kampala's central business district and several government offices, including the Ugandan Parliament Buildings. Location Nakasero is bordered by Mulago to the north, Makerere to the northwest, Old Kampala to the west, Namirembe and Mengo to the southwest, Nsambya to the south, Kibuli to the southeast, and Kololo to the east. The coordinates of Nakasero Hill are 0°19'24.0"N, 32°34'44.0"E (Latitude:0.323334; Longitude:32.578890). Nakasero Hill rises above mean sea level. Overview Nakasero Hill is the location of the central business district of Kampala, whose nighttime population was estimated at 1,680,600 as of July 2020. The lower reaches of the western and southern slopes of the hill accommodate the ordinary business and commercial activities of the city (taxi parks, train station, shopping arcades ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Managing Director
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ... [...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] |
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] |
