Ecobank Uganda Explained

Ecobank Uganda
Type:	Public Company GSE: ETI
Key People:	Henry Lubwama Chairman Grace Muliisa CEO/Managing Director^[1]
Industry:	Financial services
Products:	Loans, savings, investments, debit cards, credit cards, mortgages
Revenue:	Pretax:US$1.6 million (UGX:5.475 billion) (2014)
Assets:	US$81.3 million (UGX:278.8 billion) (2014)
Foundation:	2009
Location:	4 Parliament Avenue Kampala, Uganda
Homepage:	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.^[2]

Location

The headquarters of Ecobank Uganda are located at Plot 8A, Kafu Road, in the Central Division of Kampala, the capital and largest city of Uganda.^[3] The coordinates of the bank's headquarters are 0°18'47.0"N, 32°35'06.0"E (Latitude:0.32662; Longitude:32.58310).

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.^[3]

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 30 November 2021:^[4]

Kin Kariisa, chairman
Ehoumann Kasi, non-executive director
Gertrude K. Lutaaya, non-executive director
1. Grace Muliisa, Managing Director

Management

Grace Muliisa is the managing director of Ecobank Uganda. Who is Grace Muliisa, The New Ecobank Managing Director?

Branch network

As of December 2016, Ecobank Uganda maintained networked branches at the following locations:^[6]

Bombo Road Branch - Bombo Road, Kampala
Kireka Service Centre
EntebbeBranch - Entebbe Town
Lugogo Branch - Forest Mall, 3A2 & 3A3 Sports Lane, Lugogo, Kampala
Head Office Branch - Parliament Avenue, Kampala
Jinja Branch - Jinja^[7]
Kikuubo Branch - Nakivubo Road, Kampala
Mbarara Branch, Main street Mbarara town
Nakasero Branch - Rwenzori Towers, Nakasero Road, Nakasero, Kampala
Ndeeba Branch - Masaka Road, Ndeeba, Kampala
Oasis Mall Branch - Oasis Mall, Yusuf Lule Road, Kampala
Wandegeya Branch - Bombo Road, Wandegeya, Kampala^[8]

External links

Notes and References

Web site: Exclusive: Ecobank taps Stanbic’s Grace Muliisa as its Uganda Managing Director . 26 August 2021 . CEO Magazine Uganda . Muhereza Kyamutetera . 4 January 2022 . Kampala, Uganda.
Web site: 18 December 2015 . Bank of Uganda . . List of Licensed Commercial Banks As At June 2015 . PDF . 30 June 2015 . Kampala . 22 December 2015 . https://web.archive.org/web/20151222124328/https://www.bou.or.ug/bou/bou-downloads/financial_institutions/2013/Information-for-Commercial-Banks-2015.pdf . dead .
Web site: 25 years of banking in Africa (Ecobank Supplement) . 3 November 2016 . 8 October 2013 . . Vision Reporter . Kampala.
Web site: Ecobank Uganda Limited . 28 April 2015 . Ecobank Uganda Limited: Statement of Financial Position As at 31 December 2014 . 3 November 2016 . Kampala . Ecobank Uganda Limited.
Web site: Ecobank's Profit Climbs After Pan-African Lender Curbs Expenses . Wallace . Paul . 3 November 2016 . . 20 April 2015.
Web site: List of Ecobank Uganda Branches . Ecobank Uganda . 3 May 2014.
Web site: Alon. Mwesigwa. 15 January 2014. 3 May 2014 . . Uganda: Ecobank Opens Jinja Branch.
Web site: Bank of Uganda Urges Banks To Go Rural . . 7 March 2010 . Emojong . Osere . 3 May 2014 . https://web.archive.org/web/20140503194731/http://www.newvision.co.ug/D/8/220/712177 . 3 May 2014 . dead .