Samiksha Jaiswal

Equity Bank Uganda Limited

Updated on
Share on FacebookTweet on TwitterShare on LinkedIn
Type  Private
Predecessor  Uganda Microfinance
Founded  2008
Industry  Financial services
Headquarters  Kampala, Uganda
Number of employees  550
Equity Bank Uganda Limited httpsuploadwikimediaorgwikipediaenthumb3
Key people  David Ansell Chairman Apollo Njoroge Ag. Managing Director
Products  Loans, checking, savings, investments
Total assets  US$146.3 million (UGX:370 billion) (2013)
Revenue  2.66 million USD (2013, Aftertax, ...)
Parent organization  Equity Group Holdings Limited
Profiles
Facebook

Equity Bank Uganda Limited (EBUL), is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. EBUL is a subsidiary of Equity Group Holdings Limited, a financial services conglomerate with headquarters in Kenya and subsidiaries in six countries of the African Great Lakes Region.

Contents

Overview

The bank provides banking services to individuals and to small and medium business enterprises. As of December 2013, the bank was the fourteenth largest commercial bank in Uganda with assets of approximately US$146.3 million (UGX:370 billion), or approximately 2 percent of all bank assets in the country at that time.

History

Equity Bank Uganda Limited was created in 2008 when the Equity Group Holdings Limited purchased Uganda Microfinance Limited, a Tier II, Ugandan microfinance company for an all-share price of US$27 million. Equity Bank (Uganda) launched under its new brand on 30 March 2009.

Equity Group Holdings Limited

Equity Bank Uganda Limited is a member of the Equity Group Holdings Limited. As of March 2014, Equity Group Holdings Limited had an asset base valued at over US$3.45 billion (KES:295 billion), with a total customer base in excess of 8.7 million, in the region.

Ownership

Equity Bank Uganda Limited is a subsidiary of Equity Group Holdings Limited (EGHL). The Ugandan subsidiary owns 11,333,333 ordinary shares of the parent company based in Nairobi, Kenya. EGHL is a large Kenyan financial services conglomerate, with total assets of nearly US$4 billion, as at September 2014.

Branch network

Equity Bank Uganda Limited has its headquarters in Uganda's capital city, Kampala. As of April 2014, the bank maintains networked branches at the following locations:

  1. Head Office - Plot 390 Muteesa 1 Road, Kampala
  2. Adjumani Branch - Adjumani
  3. Arua Park Branch - Arua Park, Kampala
  4. Bombo Branch - Bombo, Luweero District
  5. Busia Branch - Busia
  6. Bwera Branch - Bwera, Kasese District
  7. Hoima Branch - Hoima
  8. Jinja Branch - Jinja
  9. Kabalagala Branch - Kabalagala, Kampala
  10. Kabale Branch - Kabale
  11. Kajjansi Branch - Kajjansi, Wakiso District
  12. Kalerwe Branch - Kaleerwe, Kampala
  13. Kasangati Branch - Kasangati, Wakiso District
  14. Katwe Branch - Katwe, Kampala
  15. Kawempe Branch - Kawempe, Kampala
  16. Kayunga Branch - Kayunga
  17. Kiboga Branch - Kiboga
  18. Kisoro Branch - Bunagana Road, Kisoro
  19. Kyengera Branch - Kyengera, Wakiso District
  20. Lira Branch - Soroti Road, Lira
  21. Luweero Branch - Gulu Highway, Luweero
  22. Lyantonde Branch - Lyantonde
  23. Market Street Branch - Market Street, Kampala
  24. Mbale Branch - Mbale
  25. Mbarara Branch - Mbarara
  26. Mityana Branch - Mityana
  27. Mubende Branch - Mubende
  28. Nakulabye Branch - Makerere Hill Road, Naakulabye
  29. New Taxi Park Branch - New Taxi Park, Kampala
  30. Ndeeba Branch - Ndeeba, Kampala
  31. Oasis Mall Branch - Oasis Mall, Kampala
  32. Ovino Branch - Nakivubo Place, Kampala
  33. Rushere Branch - Rushere, Kiruhura District
  34. Venus Plaza Branch - Venus Plaza, 14-18 Nakivubo Place, Kampala
  35. Wandegeya Branch - Wandegeya, Kampala
  36. William Street Branch - William Street, Kampala

References

Equity Bank Uganda Limited Wikipedia


Similar Topics
Man Walking on Snow
A Fine Romance (film)
Frank Miller (comics)
Topics