United Bank for Africa (Uganda) (UBA-Uganda) is a commercial bank in Uganda. It is one of the commercial banks licensed by the Bank of Uganda, the central bank and national banking regulator.
UBA-Uganda is a commercial bank that focuses on the individual customer, small and medium enterprises (SMEs), and large corporations. The Nigeria-based parent company, United Bank for Africa, started operations in Uganda with a capital base of US$12 million. The bank's entry into the Ugandan market along with other regional heavyweights, including Kenya Commercial Bank and Ecobank Transnational, energized the country's financial sector and increased competition, resulting in improved customer service across the board.
As of December 2011, UBA-Uganda's total assets were NGN:15.1 billion.
Video United Bank for Africa (Uganda)
History
UBA-Uganda commenced operations in May 2008, starting with the opening of the main branch on the Kampala-Jinja Highway in Kampala, Uganda's capital and largest city. Within the first six months, the bank established four branches within Kampala and its suburbs. During the following six months, UBA-Uganda added two upcountry branches, one in Jinja, about 86 kilometres (53 mi) east of Kampala, and the other in Mbale, a city located about 200 kilometres (120 mi), by road, north-east of the capital.
Maps United Bank for Africa (Uganda)
Ownership
UBA-Uganda is a wholly owned subsidiary of the United Bank for Africa, headquartered in Lagos, Nigeria and with a presence in twenty African countries and the United Kingdom, France, and the United States.
Branch network
As of May 2014, the UBA-Uganda maintained branches at the following locations:
- Embassy House King George V Road - Plot 22 Jinja Road Kampala, Uganda
- Prestige Branch - Embassy House King George V Road - Plot 22 Jinja Road Kampala, Uganda
- William Street Branch - 17B William Street, Kampala
- Kansanga Branch - 2577 Ggaba Road, Block 244, Kansanga, Kampala
- Jinja Branch - 5 Lady Alice Muloki Road, Jinja
- Mbale Branch - 1-3 Manafwa Road, Mbale
- Fort Portal Branch - 8 Ruhandika Street, Fort Portal
- Mbarara Branch - 94 High Street, Mbarara
- Makarere University Branch, [Kampala]
Kikuubo Branch
See also
- Banking in Uganda
- List of banks in Uganda
References
External links
- Commercial Banks in Uganda
- UBA - Two years down the road
Source of article : Wikipedia
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