Harman Patil (Editor)

Citibank Uganda

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Industry
  
Financial Services

Website
  
Homepage

Number of employees
  
40

Headquarters
  
Nakasero, Kampala

Key people
  
Ikwudinma Chinedu, CEO

Founded
  
1999

Type of business
  
Subsidiary of Citigroup

Citibank Uganda

Products
  
Loans, checking, savings, investments, debit cards

Revenue
  
Aftertax: US$11.2 million (UGX:26.2 billion) (2010)

Total assets
  
US$241.4 million (UGX:587.4 billion) (2011)

Citibank Uganda Limited (CUL), also referred to as Citibank Uganda, is a commercial bank in Uganda. It is one of the regulated banking institutions licensed by the Bank of Uganda, the national banking regulator.

Overview

The bank is a medium-sized international bank that focuses on meeting the banking needs of large corporate customers as well as of those individuals with high net worth. As of December 2011, the bank's total asset valuation was approximately US$241.4 million (UGX:661.8 billion). At that time, shareholders' equity was estimated at US$63.5 million (UGX:155 billion).

The bank is an active participant in the promotion of financial literacy in Uganda, especially in the country's schools.

References

Citibank Uganda Wikipedia