The Banking sector is growing and it continues to grow as the central bank is yet to license more commercial banks. Uganda now has over 20 commercialbanks in operation
1. Bank of Africa - It started as Sembule Investment Bank in 1984. In 1996 it became Allied Bank courtesy of the new owners then. It is now Bank of Africa with its HQson Jinja road.
2. Bank of Baroda - Started Operations in Uganda wayback in 1953. Its head office is located on Kampala Road next to Barclays Bank and anotherbranch is right next to Club Rouge. The latest branch to be opened in Kampala is right after Kampala International University. It is listed on the Uganda Securities Exchange.
3. Barclays Bank - Next to Bank of Baroda on Kampala road with various branches in the city centre has been in Uganda for over 70 years. One of its products are featured here Barclays Prestige Service
4. Cairo International Bank - On Green land towers opposite Bank of Uganda started its operations in 1995.More on the bank from the CIB Website
5. Centenary Bank - Formerly Centenary Rural Development Bank (CERUDEB) and now Centenary Bank is located on plot 7 Talenta House on Entebbe Road started its operations in 1983 as a credit trust and ten years later it was licensed into a full commercial bank. Centenary Bank is the largest indigenous bank with an estimated asset base of over USD 220 Million. The bank employsover 1,000 people. To contact Centenary Bank call +256 414 346856,+256 414 232 393.
6. Citi Bank - On Ternan Avenue next to British Airways. An Ideal home for Corporate Customers.
7. Crane Bank - Founded in 1995 and it is the seventh largest bank in Uganda as of Feb.2009.
8. DFCU Bank - Development Finance Company of Uganda started in 1964 as a development finance company and in 2005 it became a commercial bank. Its HQs are located on plot 2 Jinja road. It is now celebrating 45 years of progress
9. Diamond Trust Bank - In 1997 is when it became a fully fledged commercial bank with about 9 branches across its network.
10. Eco Bank Uganda -
11. Equity Bank Uganda - It was created in 2008 when the Equity Bank Group purchased Uganda Microfinance Limited. Equity Bank nowemploys about 500 people, listed on the Uganda Securities Exchange under the symbol EQTY and it is the13th largest commercial bank as of June 2009.
12. Fina Bank - Started its operations in 2008 with 2branches in Kampala plusone Mbarara and Kasese. Notable for cross border money transfer between Kenya, Rwanda and Uganda.
13. Global Trust Bank - Started its operations in 2008 with its headquarters on Kampalaroad adjacent to Kenya Commercial Bank. Its majority shareholders areNigeria's largest Insurance company, Industrial and General Insurance Co. Plc(IGI) and National Insurance Company(NIC)
14. Housing Finance Bank - Founded in 1967 as a mortgage bank and in January 2008 it became acommercial bank. It has an asset base estimated atUSD 80Million, Housing Finance Bank was the 11th largest commercial bank in Uganda as of April, 2009.
15. Kenya Commercial Bank -
16. National Bank of Commerce -
17. Orient Bank -
18. Post Bank Uganda -
19. Stanbic Bank U Ltd -
20. Standard Chartered Bank
