Bank of Baroda Uganda Limited (BBU) is one of Uganda’s leading commercial banks and a subsidiary of the Indian government-owned Bank of Baroda, a global banking giant headquartered in Mumbai. Established in 1953, BBU has grown into a reliable banking institution with a strong foothold in Uganda’s financial industry. It operates under the supervision of the Bank of Uganda, the national banking regulator, ensuring credibility and stability for its customers.
As of December 2019, Bank of Baroda Uganda’s total assets stood at UGX 1.87 trillion (US$498 million), with shareholders’ equity of UGX 394.9 billion (US$104.9 million). The bank is also listed on the Uganda Securities Exchange (USE) under the symbol BOBU, offering investors opportunities to participate in its strong financial performance.
Comprehensive Banking Services
Bank of Baroda Uganda provides a wide range of services tailored to corporates, SMEs, and individual customers. Its offerings include savings accounts, current accounts, fixed deposits, personal loans, SME financing, corporate loans, trade finance, and investment advisory services.
Through its association with the global Bank of Baroda Group, which operates in more than 20 countries worldwide, BBU leverages decades of expertise to deliver world-class banking solutions in Uganda. Customers benefit from international experience combined with localized knowledge of the Ugandan market.
Baroda Capital Markets (Uganda) Limited
A key milestone in BBU’s journey is the establishment of Baroda Capital Markets (Uganda) Limited in 1993. This subsidiary is licensed by the Capital Markets Authority (CMA) as a broker/dealer in capital markets. It is also a member of the CMA Governing Council, further showcasing Bank of Baroda Uganda’s role in shaping Uganda’s financial market.
The brokerage subsidiary provides clients with securities trading, investment opportunities, and financial advisory, making BBU not only a trusted bank but also a comprehensive financial partner.
A Reliable and Global Partner
Bank of Baroda Uganda is recognized for its trustworthiness, financial stability, and commitment to customer growth. With decades of experience, a listing on the securities exchange, and a diversified service portfolio, it continues to stand out as a preferred banking partner for corporates, small businesses, and retail clients alike.
By combining global strength with a strong Ugandan presence, BBU ensures financial solutions that inspire trust and growth.
