Citibank Uganda Explained

Citibank Uganda Limited
Type:Subsidiary of Citigroup
Location:Nakasero, Kampala, Uganda
Key People:Sarah Arapta

CEO[1]

Num Employees:40+ (2010)
Assets:UGX:990 billion (US$262 million) (2019)
UGX:913 billion (US$242 million) (2018)
Industry:Financial services
Parent:Citigroup
Products:Loans, transaction accounts, savings, investments, debit cards
Homepage:Homepage

Citibank Uganda, is a commercial bank in Uganda operating as a wholly owned subsidiary of New York–based Citigroup. It is one of the regulated banking institutions licensed by the Bank of Uganda, the national banking regulator.[2]

Overview

The bank is a medium-sized international bank that focuses on meeting the banking needs of large corporate customers as well as of those individuals with high net worth.[3], the bank's total asset valuation was approximately USh990 (US$262 million).[4] As of 31 December 2015, shareholders' equity was about USh:155 billion (US$63.5 million).[5]

The bank is an active participant in the promotion of financial literacy in Uganda, especially in the country's schools.[6] [7] [8]

See also

External links

Notes and References

  1. Web site: Access to finance hinders young entrepreneurs - Citibank chief . . 25 May 2017 . 12 July 2019 . Denis Edema . Kampala.
  2. Web site: 21 July 2016 . 21 July 2016 . List of Licensed Commercial Banks As At March 2016 . PDF . BOU . Bank of Uganda (BOU) . Kampala . https://web.archive.org/web/20161012015912/https://www.bou.or.ug/bou/bou-downloads/financial_institutions/2016/Information-for-Commercial-Banks-as-at-March-2016.pdf . 12 October 2016 . dead .
  3. Web site: Rugunda tells Citibank to invest in Uganda . Our Reporter . The Insider Uganda . Kampala . 2016-07-21 . https://web.archive.org/web/20160815075126/http://www.theinsider.ug/rugunda-tells-citibank-to-invest-in-uganda/ . 2016-08-15 . dead .
  4. Web site: Banks Post Mixed Results . 30 April 2020 . . Ashita Chopra . 30 April 2020 . Kampala.
  5. Web site: Flavia . Nalubega . 8 June 2012 . 1 May 2014 . . Multinational Banks Urged On Serving SMEs .
  6. Web site: 1 May 2014 . 11 February 2011 . Citibank Partners In NIE Project . Ladu . Ismail Musa . .
  7. Web site: 18 September 2009 . Uganda: Citibank Donates Reading Materials . Daily Monitor via AllAfrica.com. 21 July 2016 . Kampala. Steven . Tendo.
  8. Web site: Uganda: Citibank Trains 500 Youths in Entrepreneurship . Kampala. 21 July 2016 . 12 December 2015 . EABW Reporter . East African Business Week via AllAfrica.com.