Ecobank Uganda

Ecobank Uganda
Public Company
GSE: ETI
Industry Financial services
Founded 2009
Headquarters 4 Parliament Avenue
Kampala, Uganda
Key people
 Henry Lubwama
chairman
Clement Dodoo
managing director
Products Loans, savings, investments, debit cards, credit cards, mortgages
Revenue DecreasePretax:US$1.6 million (UGX:5.475 billion) (2014)
Total assets US$81.3 million (UGX:278.8 billion) (2014)
Website Homepage

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.[1]

Location

The headquarters of Ecobank Uganda are located at 4 Parliament Avenue, in the Central Division of Kampala, the capital and largest city of Uganda.[2] The coordinates of the bank's headquarters are 0°18'47.0"N, 32°35'06.0"E (Latitude:0.313050; Longitude:32.585000).[3]

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.[2]

As of 31 December 2014, the bank's total assets were UGX:278.8 billion, with shareholders' equity of UGX:46.9 billion.[4]

Ownership

Ecobank Uganda is a subsidiary of Ecobank Transnational, a banking conglomerate headquartered in Lome, Togo.[5]

Board of directors

The following individuals sat on the board of directors of Ecobank (Uganda) as of 31 December 2015:[4]

  1. Henry Lubwama, chairman
  2. Kin Kariisa, non-executive director
  3. Ehoumann Kasi, non-executive director
  4. Gertrude K. Lutaaya, non-executive director
  5. Annette Kihuguru, executive director

Clement Dodoo

managing director of Ecobank (Ugaeria.[6]

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 Branch opposite Shell Kireka
  3. - Bugema University, Gayaza-Ziroobwe Road[8]
  4. EntebbeBranch - Entebbe Town
  5. Lugogo Branch - Forest Mall, 3A2 & 3A3 Sports Lane, Lugogo, Kampala
  6. Head Office Branch - Parliament Avenue, Kampala
  7. Jinja Branch - Jinja[9]
  8. Kikuubo Branch - Nakivubo Road, Kampala
  9. Mbarara Branch, Main street Mbarara town
  10. Mukono Branch - Jinja Road, Mukono
  11. Nakasero Branch - Rwenzori Towers, Nakasero Road, Nakasero, Kampala
  12. Ndeeba Branch - Masaka Road, Ndeeba, Kampala
  13. Oasis Mall Branch - Oasis Mall, Yusuf Lule Road, Kampala
  14. Wandegeya Branch - Bombo Road, Wandegeya, Kampala[10]

As of October 2016, new branches were planned in Mbale, Arua, Mbarara and Gulu.[11][12]

See also

References

  1. ↑ Bank of Uganda (30 June 2015). "List of Licensed Commercial Banks As At June 2015" (PDF). Kampala: Bank of Uganda. Retrieved 18 December 2015.
  2. 1 2 Vision Reporter (8 October 2013). "25 years of banking in Africa (Ecobank Supplement)". New Vision. Kampala. Retrieved 3 November 2016.
  3. ↑ Google (3 November 2016). "Location of the Headquarters of Ecobank Uganda" (Map). Google Maps. Google. Retrieved 3 November 2016.
  4. 1 2 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.
  5. ↑ Wallace, Paul (20 April 2015). "Ecobank's Profit Climbs After Pan-African Lender Curbs Expenses". Bloomberg News. Retrieved 3 November 2016.
  6. ↑ Nantaba, Eriosi (17 October 2011). "East Africa: Eco Bank Has New Managing Director". Kampala: East Africa Business Week via AllAfrica.com. Retrieved 3 November 2016.
  7. ↑ "List of Ecobank Uganda Branches". Ecobank Uganda. Retrieved 3 May 2014.
  8. ↑ Ecobank Uganda Opens 10th Branch At Bugema University
  9. ↑ Mwesigwa, Alon (15 January 2014). "Uganda: Ecobank Opens Jinja Branch". The Observer (Uganda) via AllAfrica.com. Retrieved 3 May 2014.
  10. ↑ Osere, Emojong (7 March 2010). "Bank of Uganda Urges Banks To Go Rural". New Vision. Retrieved 3 May 2014.
  11. ↑ Ogwang, Joel (8 October 2013). "Uganda: 25 Years of Banking in Africa (Ecobank Supplement)". New Vision via AllAfrica.com. Retrieved 3 May 2014.
  12. ↑ Ssempijja, David (25 March 2010). "Uganda: Amuru District To Get First Bank". New Vision via AllAfrica.com. Retrieved 3 May 2014.
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