Frequent question: Who bought Uganda Commercial Bank?

Type Government-owned corporation
Fate Acquired by Standard Bank, merged into Stanbic Bank (Uganda) Limited
Headquarters Principal Office Kampala, Uganda

Which is the richest bank in Uganda?

Top 10 Richest Banks In Uganda 2019 – 2020

  • Standard Chartered Bank.
  • Barclays Bank of Uganda. …
  • Centenary Bank. …
  • Bank of Baroda Uganda Limited. …
  • Citibank Uganda. …
  • Housing Finance Bank. …
  • Equity Bank. …
  • Bank of Africa – Uganda Ltd. …

Who owns Commercial Bank of Africa?

Who owned commercial bank?

Commercial banks are owned by shareholders and are run for a profit, which is largely obtained by lending at rates higher than they pay their depositors.

What is the biggest bank in Uganda?

Despite the COVID-19 impact on the economy, total banking industry assets grew by 281% to Shs38. 17 trillion in 2020, up from Shs32. 85 trillion recorded in 2019. Stanbic Bank remains Uganda’s largest bank by assets.

Which is Best bank in Uganda?

Top 10 Best Performing Banks in Uganda 2021

  • Stanbic Bank of Uganda. …
  • DFCU Bank. …
  • Centenary Bank of Uganda. …
  • Standard Chartered Bank of Uganda.
  • Barclays Bank of Uganda. …
  • Bank of Baroda Uganda Limited.
  • Citibank Uganda.
  • Equity Bank of Uganda.

Which bank is NCBA?

NCBA Bank Kenya, whose full name is NCBA Bank Kenya Plc, is a commercial bank in Kenya. It is licensed by the Central Bank of Kenya, the country’s central bank and national banking regulator.

NCBA Bank Kenya.

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Type Subsidiary of NCBA Group Plc
Parent NCBA Group Plc

How many banks are in Uganda?

Number of bank branches in Uganda 2016-2019. As of June 2019, the total number of branches of commercial banks and credit institutions in Uganda corresponded to 712, increasing by 37 compared to the previous year.

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