Ecobank Uganda

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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[edit]

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[edit]

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[edit]

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

Board of directors[edit]

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[edit]

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

Branch network[edit]

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[edit]

References[edit]

  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. ^ Google (3 November 2016). "Location of the Headquarters of Ecobank Uganda" (Map). Google Maps. Google. 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.

External links[edit]


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