Ecobank Uganda

Ecobank Uganda
Company typePublic Company
GSE: ETI
IndustryFinancial services
Founded2009
Headquarters4 Parliament Avenue
Kampala, Uganda
Key people
Henry Lubwama
Chairman
Grace Muliisa
CEO/Managing Director[1]
ProductsLoans, savings, investments, debit cards, credit cards, mortgages
RevenueDecreasePretax:US$1.6 million (UGX:5.475 billion) (2014)
Total assetsUS$81.3 million (UGX:278.8 billion) (2014)
WebsiteHomepage

Ecobank Uganda is a bank in Uganda that operates as a commercial bank under a license granted by the Bank of Uganda, the central bank and national banking regulator.[2]

Location

The headquarters of Ecobank Uganda are located at Plot 8A, Kafu Road, in the Central Division of Kampala, the capital and largest city of Uganda.[3] The coordinates of the bank's headquarters are 0°18'47.0"N, 32°35'06.0"E (Latitude:0.32662; Longitude:32.58310).[4]

Overview

The bank began operations in Uganda on 19 January 2009 as a full-service bank. It provides wholesale, retail, investment, and transaction banking services and products to governments, financial institutions, multinationals, international organizations, businesses, and individuals.[3]

As of 31 December 2014, the bank's total assets were UGX:278.8 billion, with shareholders' equity of UGX:46.9 billion.[5]

Ownership

Ecobank Uganda is a subsidiary of Ecobank Transnational, a banking conglomerate headquartered in Lome, Togo.[6]

Board of directors

The following individuals sat on the board of directors of Ecobank (Uganda) as of 30 November 2021:[5]

  1. Kin Kariisa, chairman
  2. Ehoumann Kasi, non-executive director
  3. Gertrude K. Lutaaya, non-executive director
  5. Grace Muliisa, Managing Director

Management

Grace Muliisa is the managing director of Ecobank Uganda. Who is Grace Muliisa, The New Ecobank Managing Director?

Branch network

As of December 2016, Ecobank Uganda maintained networked branches at the following locations:[7]

  1. Bombo Road Branch - Bombo Road, Kampala
  2. Kireka Service Centre
  3. EntebbeBranch - Entebbe Town
  4. Lugogo Branch - Forest Mall, 3A2 & 3A3 Sports Lane, Lugogo, Kampala
  5. Head Office Branch - Parliament Avenue, Kampala
  6. Jinja Branch - Jinja[8]
  7. Kikuubo Branch - Nakivubo Road, Kampala
  8. Mbarara Branch, Main street Mbarara town
  9. Nakasero Branch - Rwenzori Towers, Nakasero Road, Nakasero, Kampala
  10. Ndeeba Branch - Masaka Road, Ndeeba, Kampala
  11. Oasis Mall Branch - Oasis Mall, Yusuf Lule Road, Kampala
  12. Wandegeya Branch - Bombo Road, Wandegeya, Kampala[9]

See also

References

  1. ^ Muhereza Kyamutetera (26 August 2021). "Exclusive: Ecobank taps Stanbic's Grace Muliisa as its Uganda Managing Director". CEO Magazine Uganda. Kampala, Uganda. Retrieved 4 January 2022.
  2. ^ Bank of Uganda (30 June 2015). "List of Licensed Commercial Banks As At June 2015" (PDF). Kampala: Bank of Uganda. Archived from the original (PDF) on 22 December 2015. Retrieved 18 December 2015.
  3. ^ a b Vision Reporter (8 October 2013). "25 years of banking in Africa (Ecobank Supplement)". New Vision. Kampala. Retrieved 3 November 2016.
  4. ^ "Location of the Headquarters of Ecobank Uganda" (Map). Google Maps. Retrieved 3 November 2016.
  5. ^ a b Ecobank Uganda Limited (28 April 2015). "Ecobank Uganda Limited: Statement of Financial Position As at 31 December 2014" (PDF). Kampala: Ecobank Uganda Limited. Retrieved 3 November 2016.
  6. ^ Wallace, Paul (20 April 2015). "Ecobank's Profit Climbs After Pan-African Lender Curbs Expenses". Bloomberg News. Retrieved 3 November 2016.
  7. ^ "List of Ecobank Uganda Branches". Ecobank Uganda. Retrieved 3 May 2014.
  8. ^ Mwesigwa, Alon (15 January 2014). "Uganda: Ecobank Opens Jinja Branch". The Observer (Uganda) via AllAfrica.com. Retrieved 3 May 2014.
  9. ^ Osere, Emojong (7 March 2010). "Bank of Uganda Urges Banks To Go Rural". New Vision. Archived from the original on 3 May 2014. Retrieved 3 May 2014.