A bank is a financial institution licensed to receive deposits and make loans. Banks may also provide financial services such as wealth management, currency exchange, and safe deposit boxes. There are several different kinds of banks including retail banks, commercial or corporate banks, and investment banks.
Bank of Uganda (BoU) is the Central Bank of the Republic of Uganda. The primary purpose of the Bank is to foster price stability and a sound financial system. Together with other institutions, it also plays a pivotal role as a centre of excellence in upholding macroeconomic stability.
Here are the Full List Of Banks In Uganda
The Central Bank of Uganda
Banks in Uganda
The Central Bank of Uganda
Bank of Uganda (BoU) is the Central Bank of the Republic of Uganda. The primary purpose of the Bank is to foster price stability and a sound financial system. Together with other institutions, it also plays a pivotal role as a centre of excellence in upholding macroeconomic stability.
Please find below the links to the banks in Uganda
Bank of Uganda
ABC Capital Bank
Bank of Africa
Bank of Baroda
Barclays Bank
Cairo International Bank
Centenary Bank
Citibank Uganda Limited
DFCU Bank
Diamond Trust Bank
Ecobank Uganda
Equity Bank
GT Bank
Finance Trust Bank
Housing Finance Bank
Imperial Bank Uganda
KCB Bank
NC Bank Uganda
Orient Bank
Stanbic Bank
Standard Chartered Bank
Tropical Bank
UBA Bank
Equity Bank Uganda Limited
Exim Bank (Uganda)
Finance Trust Bank
Guaranty Trust Bank
Housing Finance Bank
I&M Bank Uganda
KCB Bank Uganda Limited
NCBA Bank Uganda
Opportunity Bank Uganda Limited
PostBank Uganda
Stanbic Bank Uganda Limited
Standard Chartered Uganda
Tropical Bank
United Bank for Africa
What is the safest bank in Uganda?
Stanbic Bank
Centenary Bank.
Absa Bank.
Standard Chartered Bank.
Dfcu Bank.
Citibank Uganda Ltd.
Equity Bank.
Housing Finance Bank.
Bank of Africa Uganda.
Which bank in Uganda is world wide?
Top Banks | Largest Banks
| Rank | Company | Country |
|---|---|---|
| 1 | Stanbic Bank (U) | Uganda |
| 2 | Centenary Rural Development Bank | Uganda |
| 3 | Standard Chartered Bank Uganda | United Kingdom |
| 4 | Absa Bank Uganda | United Kingdom |
Which is the oldest bank in Uganda?
Standard Chartered Bank Uganda Limited
Standard Chartered Bank Uganda Limited was established in 1912, making it the oldest of the banks in Uganda.
What is the cheapest bank in Uganda?
Finance Trust Bank has one of the lowest minimum balances for savings account at Shs2, 000 while Centenary, dfcu and Bank of Africa set theirs at Shs5, 000. For fixed deposits, Diamond, Ecobank, Equity, Orient and UBAU have their minimum balances at Shs5m.
Which Nigerian bank is in Uganda?
United Bank for Africa
UBA Uganda commenced operations in May 2008, starting with the opening of the main branch on the Kampala-Jinja Highway in Kampala. The Nigeria-based parent company, United Bank for Africa, started operations in Uganda with a capital base of US$12 million.
How many Ugandans have a bank account?
13 million bank accounts
As of January 2020, according to Uganda Bankers Association, there were 13 million bank accounts in Uganda and 11,000 banking agents countrywide.
Which bank in Uganda allows online account opening?
the Stanbic Bank Uganda
How do I set up a Centenary bank account?
Requirements
The requirements for opening a current account depends on the legal status of the prospective customer, varying as to whether it is an individual, sole proprietor, company, partnership, club, association, cooperative union or society as per details below;
a. Personal:
- Two (2) passport size photos
- Valid identification document including the following:
Valid National Identity Card for Ugandans
Passport for foreigners (Non-Ugandans).
Refugee Identity Card for Refugees. - A mandatory opening cash deposit of Ushs.100, 000.
- One (1) Referee (who is either a Centenary Bank customer, employer, lawyer/advocate, clergy man, doctor, headmaster or any other acceptable local authority)
b. Sole Proprietors:
- Two (2) passport size photographs
- Valid identification documents (either copy of a national ID card, employer, voters’ card, driving permit or passport)
- Opening cash deposit of Ushs.300, 000
- Certified copy of certificate of registration
- Copy of trading license
- Certified copy of statement of particulars
- Two (2) Referees- anyone who is either a customer of Centenary Bank, lawyer/advocate, clergy man, doctor, headmaster or any other acceptable and reputable personality
c. Companies:
- Two (2) passport size photographs of each of company signatories
- Valid identification documents (either copy of a national ID card, employer, voters’ card, driving permit or passport)
- Opening cash deposit of Ushs.300, 000
- Registered/Certified resolution by the directors to open account.
- Written application letter to open account on a company headed paper
- Certified copy of certificate of incorporation
- Certified copy of Memorandum and Articles of Association
- Particulars of Directors certified by the registrar of companies (Company Form 7)
- Copy of company trading license
- Tax Identification Number (TIN)
- Physical evidence of office premises e.g. utility bills, tenancy agreement
- Verified account signatories
- One (1) Referee who is either a customer of Centenary Bank, lawyer/advocate, clergyman, doctor, headmaster or any acceptable and reputable personality
d. Cooperative Unions /Societies/Clubs/Associations/NGO:
- Two (2) passport size photographs of each of account signatories
- Valid identification documents (either copy of a national ID card, employer, voters’ card, driving permit or passport)
- Opening cash deposit of Ushs.300, 000
- Certified copy of by-laws or constitution
- Certified copy of certificate of registration issued by the authorized registrar
- Annual General Meeting resolution to open the account with a seal and original signatures
- Written application letter to open up account on a headed paper and signed by the authorized
- Verified account signatories.
- Two (2) Referee who are either Customers of Centenary Bank, lawyer/advocate, clergy man, Doctor, Headmaster or any other acceptable local authority
e. Partnerships:
- Two (2) passport size photographs of each of account signatories
- Valid identification documents (either copy of a national ID card, employer, voters’ card, driving permit or passport)
- Opening cash deposit of Ushs300, 000
- Certified copy of Statement of particulars of partners
- Certified copy of partnership deed
- Certified copy of certificate of registration
- Copy of Trading License
- Written application letter to open up account on a headed paper signed by partners
- Tax Identification Number (TIN)
- Verified account signatories
- One (1) Referee who is Either a Customer of Centenary Bank, Lawyer/Advocate, Clergy man, Doctor, Headmaster or any other acceptable Local Authority