PostBank Uganda Limited was established in accordance with the Communications Act of 1997. It was incorporated in February 1998 as a limited liability company to take over operations of the former Post Office Savings Bank, which has been in existence since 1926.
PBU is 100% owned by the Government of Uganda. And is currently run by the Board of Directors headed by Chairman and for day to day operations it’s guided by the Management team headed by the Managing Director.
PostBank currently has 37 branches supported by 9 mobile banking vans with an operational presence in over 50 districts. Our branch network is also supplemented by point of sale machines and a number of authorized cash points across the country. We serve over 600,000 customers. Our deposit base and loan portfolio is over 200 billion and 170 Billion respectively.
The bank’s operations are supervised by the Bank of Uganda under Financial Institutions Act. The Bank also subscribes to Depositors Insurance Scheme at bank of Uganda, meaning that in the unlikely of a Bank failure, our customers are compensated for up to UGX 2 M Uganda Shillings.