List Of MDIS In Uganda

List Of MDIS In Uganda

Microfinance Deposit-taking Institutions

A deposit-taking institution is one of three main legs in the financial system, encompassing those which accept deposits and make loans. These include banks, trust companies, credit unions and mortgage loan companies.

These are the list of regulated “Microfinance Deposit-taking Institutions” in Uganda.

FINCA Uganda Limited

Pride Microfinance Limited

UGAFODE Microfinance Limited

EFC Uganda Limited

YAKO Microfinance Limited

How many MFIs are there in Uganda?

Currently, there is one commercial bank providing microfi- nance services (CERUDEB), one recently established pri- vately owned credit institution (CML), about 15 larger MFIs and around 80 CBOs and NGOs providing savings and credit services on a smaller scale.

Which is the best bank in Uganda?

• Stanbic Bank. Stanbic bank is currently the biggest and largest bank operating in Uganda. …
• Centenary Bank.
• Absa Bank.
• Standard Chartered Bank.
• Dfcu Bank.
• Bank of Baroda Uganda.
• Citibank Uganda Ltd.
• Equity Bank.

What is the biggest bank in Uganda?

Stanbic Bank remains Uganda’s largest bank by assets. Headed by Anne Juuko as Chief Executive Officer, Stanbic’s assets increased by 28.87% to Shs8. 57 trillion in 2020, up from Shs6.

Which bank in Uganda has many customers?

Centenary Bank

It has more than 1.4 million customers across a network of over 60 branches and around 172 ATMs. The bank also has a significant rural role.

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.