Citibank Uganda, is a

commercial bank A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with co ...

Uganda }), 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 sou ...

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 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 Ba ...

, 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.

References

External links

Website of the Bank of Uganda

Citibank Uganda Celebrates Tenth Anniversary - 11 November 2009
{{Kampala District, state=autocollapsed Citigroup Banks of Uganda Banks established in 1999 1999 establishments in Uganda Companies based in Kampala

Overview

See also

References

External links