Finance
List of Commercial banks in Uganda
![List of Commercial banks in Uganda 61 bank](https://www.globalbrandsmagazine.com/wp-content/uploads/2024/06/Untitled-design-1-1.jpg)
The banking sector in Uganda is a crucial part of the country’s economy, playing a key role in financial intermediation, economic growth, and development. It features a diverse range of banks, including commercial banks, microfinance institutions, and development banks, to meet the varied needs of the population and businesses.
Beyond Traditional Banks:
The financial landscape extends beyond traditional banks. Insurance and investment firms offer innovative ways to save and grow your money, providing a well-rounded financial ecosystem. Stricter regulations are constantly being implemented to ensure the stability and smooth operation of these institutions, fostering a secure environment for all.
Bank Name | Bank Sector | Headquarters | Bank Revenue(UGX in Billion) | Bank Revenue(USD in Billion) | Contact Details |
Bank of Africa Uganda | Retail, Corporate | Kampala | 11.638 | 0.00303 | +256 (414) 300 200 |
Bank of Baroda Uganda Limited | Retail, Corporate | Kampala | 2.73 | 0.00071 | +256 (414) 233 500 |
Centenary Bank Limited | Retail, Microfinance | Kampala | 38.4 | 0.00998 | +256 (414) 354 000 |
DFCU Bank Limited | Retail, Microfinance | Kampala | 29.3 | 0.00762 | +256 (414) 232 300 |
Diamond Trust Bank Uganda Limited | Retail, Corporate | Kampala | 222.5 | 0.05785 | +256 (414) 304 000 |
Equity Bank Uganda Limited | Retail, Corporate | Kampala | 2.1 | 0.00055 | +256 (414) 305 000 |
Guaranty Trust Bank Uganda Limited | Retail, Corporate | Kampala | 106.5 | 0.02769 | +256 (414) 251 000 |
Housing Finance Bank Uganda Limited | Retail, Mortgage | Kampala | 58.5 | 0.01521 | +256 (414) 349 000 |
Stanbic Bank Uganda Limited | Retail, Corporate | Kampala | 200. 2 | 0.05205 | +256 (414) 371 000 |
Standard Chartered Bank Uganda Limited | Retail, Corporate | Kampala | 152 | 0.03952 | +256 (414) 342 000 |
United Bank for Africa (UBA) Uganda Limited | Retail, Corporate | Kampala | 2.02 | 0.00053 | +256 (414) 230 000 |
In conclusion, Uganda’s banking system is dynamic and diverse, resembling a vibrant marketplace with a range of financial institutions providing tailored services. This diversity caters to the varied needs of individuals and businesses, supporting economic growth and development across the country.