Type Private Predecessor Uganda Microfinance Founded 2008 | Industry Financial services Headquarters Kampala, Uganda Number of employees 550 | |
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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 | ||
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:
- Head Office - Plot 390 Muteesa 1 Road, Kampala
- Adjumani Branch - Adjumani
- Arua Park Branch - Arua Park, Kampala
- Bombo Branch - Bombo, Luweero District
- Busia Branch - Busia
- Bwera Branch - Bwera, Kasese District
- Hoima Branch - Hoima
- Jinja Branch - Jinja
- Kabalagala Branch - Kabalagala, Kampala
- Kabale Branch - Kabale
- Kajjansi Branch - Kajjansi, Wakiso District
- Kalerwe Branch - Kaleerwe, Kampala
- Kasangati Branch - Kasangati, Wakiso District
- Katwe Branch - Katwe, Kampala
- Kawempe Branch - Kawempe, Kampala
- Kayunga Branch - Kayunga
- Kiboga Branch - Kiboga
- Kisoro Branch - Bunagana Road, Kisoro
- Kyengera Branch - Kyengera, Wakiso District
- Lira Branch - Soroti Road, Lira
- Luweero Branch - Gulu Highway, Luweero
- Lyantonde Branch - Lyantonde
- Market Street Branch - Market Street, Kampala
- Mbale Branch - Mbale
- Mbarara Branch - Mbarara
- Mityana Branch - Mityana
- Mubende Branch - Mubende
- Nakulabye Branch - Makerere Hill Road, Naakulabye
- New Taxi Park Branch - New Taxi Park, Kampala
- Ndeeba Branch - Ndeeba, Kampala
- Oasis Mall Branch - Oasis Mall, Kampala
- Ovino Branch - Nakivubo Place, Kampala
- Rushere Branch - Rushere, Kiruhura District
- Venus Plaza Branch - Venus Plaza, 14-18 Nakivubo Place, Kampala
- Wandegeya Branch - Wandegeya, Kampala
- William Street Branch - William Street, Kampala