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188 (2011) Website. Homepage. The Bank of Baroda Uganda Limited ( BOBU ), is a commercial bank in Uganda that is majority owned by the Indian government owned banking and financial service conglomerate Bank of Baroda. BOBU is one of the commercial banks licensed by the Bank of Uganda, the central bank and national banking regulator.
The tagline of Bank of Baroda is "India's International Bank". [citation needed] Affiliates. IndiaFirst Life Insurance Company is a joint venture between Bank of Baroda (44%) and fellow Indian state-owned bank Andhra Bank (30%), and UK's financial and investment company Legal & General (26%).
Banking in Uganda. Before Uganda 's independence in 1962, the main banks in Uganda were Barclays (UK based); Grindlays (also UK), Standard Bank (South Africa based) and the Bank of Baroda from India. The currency was issued by the East African Currency Board, a London-based body. In 1966, the Bank of Uganda (BoU), which controlled the issue of ...
The board of directors of the Bank of Uganda is the bank's supreme policy making body. It is chaired by the governor or, in his or her absence, by the deputy governor. The duties and powers of the board are specified by the Bank of Uganda Act. This Act makes the board responsible for the general management of the affairs of the bank.
Bank of India Uganda Limited opened in 2012 with an objective to become a key financial player for corporate, medium business and up-market retail customers and developmental banking for micro and small business, while providing cost effective services. It offers a wide range of products that include savings deposit, current account, fixed ...
Language links are at the top of the page across from the title.
Website. www .ubauganda .com. United Bank for Africa Uganda Limited, also UBA Uganda, is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. [3] UBA Uganda is a subsidiary of the United Bank for Africa, headquartered in Lagos, Nigeria, with a presence in twenty African countries ...
Bank of Baroda (Uganda). Other responsibilities. Mbire was appointed chairman of the Uganda Securities Exchange in 2010. He is also a member of the Presidential Investor Roundtable, an elite group of businesspeople who advise the President of Uganda on how to improve business competitiveness and business conditions in the country.