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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 (company)|conglomerate]], with total assets of over Kshs 1.12 trillion (US$10.4 billion), as at July 2021. |
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 (company)|conglomerate]], with total assets of over Kshs 1.12 trillion (US$10.4 billion), as at July 2021. |
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Equity Bank Uganda |
Equity Bank Uganda was also listed at the [[Uganda_Securities_Exchange|Uganda Stock Exchange]] in 2009 trading under the symbol '''''EBL'''''.<ref>{{cite web |title=Listed Companies |url=https://cmauganda.co.ug/ug/smenu/23/Listed-Companies.html |website=cmauganda.co.ug |access-date=7 September 2021}}</ref> |
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Company type | Private |
---|---|
Industry | Financial services |
Predecessor | Uganda Microfinance |
Founded | 2008; 16 years ago (2008) |
Headquarters | Janani Luwum Church House 34 Kampala Road, Kampala, Uganda[1] |
Key people | Apollo Makubuya - Chairman Samuel Kirubi - Managing Director Anthony Kituuka - Executive Director[2] |
Products | Loans, checking, savings, investments |
Revenue | ![]() |
Total assets | UGX:1.99 Trillion (US$562 million) (2021) |
Number of employees | 600+ (2018) |
Parent | Equity Group Holdings Limited |
Website | Homepage |
Equity Bank Uganda Limited (EBUL), is a commercial bankinUganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator.[3] 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.[4]
The bank maintains its headquarters and main branch in Janani Luwum Church House, at 34 Kampala Road, in the central business districtofKampala, Uganda's capital and largest city.[5] The geographical coordinates of the bank's headquarters are.[6]
The bank provides banking services to individuals and to small and medium business enterprises. As of 31 December 2019, the bank's total assets were valued at UGX:1.45 trillion ($409.97 million).In December 2019, shareholders' equity in the bank was valued at KSh111.8 billion ($1.02 billion).By December 2020, the bank's total assets had grown to UGX1.99 trillion ($562.7 million). [7]
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.[8] Equity Bank (Uganda) launched under its new brand on 30 March 2009.[9]
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 over Kshs 1.12 trillion (US$10.4 billion), as at July 2021.
Equity Bank Uganda was also listed at the Uganda Stock Exchange in 2009 trading under the symbol EBL.[10]
Rank | Name of Owner | Percentage Ownership |
---|---|---|
1 | Equity Group Holdings Limited | 98.8 |
2 | Others | 1.2 |
Total | 100.00 |
Equity Bank Uganda Limited has its headquarters in Uganda's capital city, Kampala. As of July 2021[update], the bank maintained networked branches at the following locations:[11]
No | Location | Number |
---|---|---|
1 | Kampala | 21 |
2 | Branches outside Kampala | 22 |
Total | 43 |
00°18′49″N 32°34′46″E / 0.31361°N 32.57944°E / 0.31361; 32.57944