Equity Bank Uganda Limited
 |
|
| Private | |
| Industry | Financial services |
| Predecessor | Uganda Microfinance |
| Founded | 2008 |
| Headquarters | Kampala, Uganda |
|
Key people
|
David Ansell, chairman Francis Mills-Robertson, managing director[1] |
| Products | Loans, checking, savings, investments |
| Revenue |  Aftertax: US$2.66 million (UGX:6.6 billion) (2013)[2] |
| Total assets | US$146.3 million (UGX:370 billion) (2013) |
|
Number of employees
|
550+ (2011) |
| Parent | Equity Group Holdings Limited |
| Slogan | Your Listening, Caring Partner |
| Website | Homepage |
Equity Bank Uganda Limited is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator.[3]
Contents
Overview
The bank provides banking services to individuals and to small and medium business enterprises. As of December 2013[update], 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.[4]
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.[5] Equity Bank (Uganda) launched under its new brand on 30 March 2009.[6]
Equity Group Holdings Limited
Equity Bank Uganda Limited is a member of the Equity Group Holdings Limited. As of March 2014[update], 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.[7]
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.
| Rank | Name of Owner | Percentage Ownership |
|---|---|---|
| 1 | Equity Group Holdings Limited | 98.8 |
| 2 | Others | 1.2 |
| Total | 100.00 |
Branch network
Equity Bank Uganda Limited has its headquarters in Uganda's capital city, Kampala. As of April 2014[update], the bank maintains networked branches at the following locations:[8]
- 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[9]
- 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[9]
- 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[9]
- 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
See also
References
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