The commercial banks in Uganda are regulated by the Bank of Uganda, the country’s central bank and chief financial regulatory authority. Uganda’s banking sector comprises a mix of international, regional, and local banks that offer a wide range of services including personal banking, SME financing, trade finance, and digital banking.
With increasing emphasis on financial inclusion and innovation, the commercial banks in Uganda continue to expand their services across both urban and rural regions. Here’s a complete list of all licensed banks currently operating in Uganda.
✅ List of Commercial Banks in Uganda
1. Absa Bank Uganda Limited
Part of Absa Group, offers retail and corporate banking with a wide digital footprint.
2. Bank of Africa Uganda Limited
A subsidiary of Bank of Africa Group, serving individuals, SMEs, and corporates.
3. Bank of Baroda Uganda Limited
Indian-owned, provides trade, retail, and investment banking services.
4. Bank of India (Uganda) Limited
Offers personal and corporate banking, with roots in international trade.
5. Cairo Bank Uganda Limited
A subsidiary of Banque du Caire, focusing on retail and SME services.
6. Centenary Rural Development Bank Limited
Uganda’s largest indigenous bank, known for deep rural outreach and inclusive finance.
7. Citibank Uganda Limited
Caters to multinational corporations, offering treasury and corporate services.
8. DFCU Bank Limited
One of Uganda’s leading banks with strong SME and mortgage lending focus.
9. Diamond Trust Bank Uganda Limited
Part of DTB Group, offers full retail, digital, and corporate banking.
10. Ecobank Uganda Limited
A pan-African bank providing mobile, agency, and corporate banking solutions.
11. Equity Bank Uganda Limited
A regional leader with a mission for financial inclusion and digital access.
12. Exim Bank Uganda Limited
Part of the Exim Group, offers personal, business, and diaspora banking services.
13. Finance Trust Bank Limited
Focused on women-led and small business finance, also offers mobile banking.
14. Housing Finance Bank Uganda Limited
Partially state-owned, specializing in housing and mortgage finance.
15. KCB Bank Uganda Limited
A branch of Kenya’s KCB Group, offering wide-ranging banking products.
16. NCBA Bank Uganda Limited
Offers consumer banking and asset finance, part of NCBA Group.
17. I&M Bank (Uganda) Limited
Part of I&M Group, delivers commercial and corporate banking solutions.
18. Salaam Bank Uganda
A fully Sharia-compliant Islamic bank, part of Salaam African Bank in Djibouti.
19. Stanbic Bank Uganda Limited
The largest bank in Uganda by assets, a member of Standard Bank Group.
20. Standard Chartered Bank Uganda Limited
A global brand serving corporates, individuals, and premium clients.
21. Tropical Bank Limited
Libyan-owned bank offering personal, SME, and trade finance services.
22. United Bank for Africa Uganda Limited
Part of UBA Group, provides pan-African banking services.
23. PostBank (Uganda) Limited
A fully state-owned bank focused on financial inclusion and rural access.
✅ Investment Banks in Uganda
- African Alliance Uganda Limited
- Baroda Capital Uganda Limited
- Crested Capital Uganda Limited
- Dyer & Blair Uganda Limited
- Old Mutual Uganda Limited
These firms offer investment advisory, asset management, and securities brokerage services.
✅ Other Licensed Credit Institutions
- ABC Capital Bank Uganda Limited – Subsidiary of ABC Bank Group
- BRAC Uganda Bank Limited – Microfinance-driven community bank
- Guaranty Trust Bank (Uganda) Limited – Part of GTCO Group
- Opportunity Bank Uganda Limited – Focuses on micro and SME lending
- Yako Bank Uganda Limited – Offers personal and digital banking
- Pride Bank Limited – State-owned and focused on microfinance
