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In February 2002, Standard Bank acquired 90 percent shareholding in the Uganda Commercial Bank, a government-owned retail banking operation with 65 branches. The new owners merged their new acquisition with their existing Stanbic Bank (Uganda) Limited to form Uganda's largest commercial bank by assets and branch network. [11]
Overview. Stanchart Uganda is a large bank serving large corporate clients, upscale retail customers, and medium to large business enterprises. As of December 2020, it was the third largest commercial bank in Uganda by assets, with an asset base of UGX:3.8 trillion (US$1.072 billion), with shareholders' equity of UGX:937 billion (US$264 million), behind Stanbic Bank Uganda and Centenary Bank.
As of December 2012, Stanbic Bank (Uganda) was still Uganda's largest commercial bank with approximately 20 percent of all bank assets and about 18 percent of all bank branches in the country. The stock of Stanbic Bank (Uganda) Limited is traded on the Uganda Securities Exchange (USE) under the symbol SBU.
Bank of Africa Uganda Limited [4] Bank of Baroda Uganda Limited. Bank of India Uganda Limited [5] Cairo Bank Uganda. Centenary Bank. Citibank Uganda. DFCU Bank [6] [7] Diamond Trust Bank [8] [9] Ecobank Uganda.
KSh 32.4 billion (2013) [3] Website. www .stanbicbank .co .ke. Stanbic Holdings Plc, formerly known as CfC Stanbic Holdings Limited, is a financial services organization in Kenya. The Group's headquarters are located in Nairobi, Kenya, with subsidiaries in Kenya and South Sudan. Stanbic Holdings is a member of the Standard Bank Group, a ...
As of 2008, Stanbic Uganda was the dominant commercial bank in Uganda, with about 27 percent of all bank assets and about 20 percent of all bank branches. [6] Nile Bank Limited , an indigenous institution, was acquired by the British conglomerate Barclays in January 2007 and merged with its existing Ugandan operations to form the Barclays Bank ...
1994–present. Title. Group CEO. Standard Bank Group for Eastern Africa. Spouse. 1. Patrick Mweheire is a Ugandan investment banker and bank executive. He is the regional group managing director and regional group chief executive of Standard Bank Group for Eastern Africa. He took up this position on 1 March 2020.
850+ (2014) Website. www .absa .co .ug. Absa Bank Uganda Limited, formerly known as Barclays Bank of Uganda Limited, is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. [3] The bank is a subsidiary of Absa Group Limited, a financial services conglomerate, based in South Africa ...