Guaranty Trust Bank (Uganda), commonly referred to as GT Bank (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 cor ...

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*) territor ...

. It is one of the commercial banks licensed by

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

central bank A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central ba ...

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 Guaranty Trust Holding Company PLC also known as GTCO PLC is a multinational financial services group, that offers retail and investment banking, pension management, asset management and payments services, headquartered in Victoria Island, Lagos ...

(GTB), a

Nigeria Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf o ...

n financial services conglomerate with assets in excess of

₦ The naira ( sign: ₦; 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 vol ...

2,525 billion .

History

GT Bank (Uganda) was founded in 2008 as Fina Bank (Uganda), a subsidiary of the

Fina Bank Group Fina Bank Group, was a financial services organization in East Africa located in Nairobi, Kenya, with subsidiaries in Kenya, Rwanda and Uganda. It was acquired by Guaranty Trust Bank in 2013 and renamed soon after. Before its takeover, Fina Bank ...

based in

Kenya ) , national_anthem = "Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , ...

. In 2013, the Group sold 70 percent shareholding to GTB for a cash consideration of US$100 million. In January 2014, the bank rebranded to its current name to reflect its current shareholding.

Branch Network

, GT Bank Uganda has a network of branches at the following locations: (1) Main Branch: 56 Kira Road,

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 ...

Kampala Kampala (, ) is the capital and largest city of Uganda. The city proper has a population of 1,680,000 and is divided into the five political divisions of Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division, and Ruba ...

(2) Buganda Road Branch: 7 Buganda Road,

(3) Nakivubo Road Branch: 34-38 Nakivubo Road,

(4) Industrial Area Branch: 13 Mulwana Road,

(5) Mbarara Branch: 52-54 High Street,

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, Nyakay ...

(6) Kyaliwajjala Branch: 31 Namugongo Road,

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 t ...

, Kira Municipality (7) Colville Street Branch: 5-6 Colville Street, Kampala (8) Makerere Branch: Makerere.

References

{{Economy of Uganda Banks of Uganda Banks established in 2008 2008 establishments in Uganda Companies based in Kampala

History

Branch Network

See also

References