Opportunity Bank Uganda Limited: Services, Branches, and Profile

Opportunity Bank Uganda Limited (OBUL) is a Tier I commercial bank in Uganda, licensed by the Bank of Uganda. It was founded in 1995 as Faulu Uganda before transitioning into a limited liability company in 1999. In 2006, Opportunity Transformation Investments and Opportunity International Australia acquired a majority stake of 63%. By 2009, Opportunity fully acquired the bank, renaming it Opportunity Uganda Limited, and in 2011, it rebranded to Opportunity Bank Uganda Limited.

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As of September 2019, OBUL had total assets worth USh132 billion (US$36.3 million) and shareholders’ equity of USh28 billion (US$7.7 million). Its headquarters are located at Opportunity House, 1259 Old Kira Road, Kamwookya, Kampala, with a wide branch network covering cities like Jinja, Lira, Mbarara, and Masaka.

Services and Products

OBUL offers a variety of financial services designed to serve both individuals and businesses, including:

Savings and Checking Accounts – secure and accessible banking solutions.
Loans and Microfinance – supporting small businesses, entrepreneurs, and rural communities.
Money Transfer Services – enabling safe and fast transactions across Uganda.
Insurance Services – in partnership with leading insurance companies to protect customers against risks like illness, accidents, and loss.

Mission and Commitment

Opportunity Bank Uganda Limited is driven by a mission to empower communities with affordable and accessible financial services. With a strong focus on microfinance, OBUL helps entrepreneurs in rural areas expand businesses, create jobs, and improve livelihoods.