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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] In November 2005, the government of Uganda divested its ownership in Stanbic Bank (Uganda) by listing its shares on the USE. Standard Bank also floated 10 percent of its ...
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), [3] behind Stanbic Bank Uganda and Centenary Bank. [6]
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. [19] The stock of Stanbic Bank (Uganda) Limited is traded on the Uganda Securities Exchange (USE) under the symbol SBU.
This is a list of commercial banks in Uganda [1] [2] Access Bank Uganda [3] Absa Bank Uganda Limited [4] Bank of Africa Uganda Limited [5] Bank of Baroda Uganda Limited; Bank of India Uganda Limited [6] Cairo Bank Uganda; Centenary Bank; Citibank Uganda; DFCU Bank [7] [8] Diamond Trust Bank [9] [10] Ecobank Uganda; Equity Bank Uganda Limited ...
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 ...
Crédit Du Senegal (CDS), Attijariwafa Bank Group. Crédit International (CI), Crédit Libanais Group. Ecobank. First Bank of Nigeria (FBN) La Banque Outarde (LBO) NSIA Bank, previously known as Diamond Bank. Orabank, part of Oragroup [85] Société Générale de Banques au Senegal (SGBS), Société Générale Group.
In 2012, he relocated back to Uganda to take up the position of Executive Director and Head of Corporate and Investment Banking at Stanbic Bank Uganda (SBU). [4] In January 2015, the Board of Directors at SBU appointed Patrick Mweheire as managing director and CEO of the bank, replacing Philip Odera, a Kenyan national.
Uganda Commercial Bank (UCB) was established by an Act of Parliament, "The Uganda Commercial Bank Act, 1965". The new bank was to replace the Uganda Credit and Savings Bank. [1] The bank extended banking services to rural areas, and steadily expanded its branch network throughout the 1960s and 1970s. In 1971/72, following the nationalisation of ...