Which is the biggest bank in Uganda?

Stanbic bank is currently the biggest and largest bank operating in Uganda.

What is the largest bank in Uganda?

Stanbic Bank remains Uganda’s largest bank by assets. Headed by Anne Juuko as Chief Executive Officer, Stanbic’s assets increased by 28.87% to Shs8. 57 trillion in 2020, up from Shs6. 65 trillion registered a year earlier.

What is the best bank for saving in Uganda?

Barclays bank seems to have the best deal; it pays up to nine per cent per annum if you open a savings account with them. And if you are looking for a bank to open a fixed deposit account, ABC Capital, Bank of India, and NC Bank are prospects – all pay up to 17 per cent in interest per annum.

Which bank is worldwide in Uganda?

Citibank Uganda is one of the most capitalised banks in Uganda, and is a trusted partner for most global corporations with operations in the country.

Which bank is the strongest bank?

In the years since the Great Recession, the largest banks in the U.S. have grown substantially.

Insurance Disclosure.

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Rank Bank name Total assets
1 JPMorgan Chase & Co. $3.19 trillion
2 Bank of America Corp. $2.35 trillion
3 Wells Fargo & Co. $1.78 trillion
4 Citigroup Inc. $1.70 trillion

Which bank in Uganda has many customers?

Centenary Bank

Centenary Rural Development Bank Ltd is one of the most celebrated domestic financial institution in Uganda. As of today, Centenary Bank is among the country’s leading commercial microfinance banks serving more than 1.8 million consumers, employing over 2754 staff and has an asset base of UShs.

Who owns Stanbic bank Uganda?

Finance Trust Bank has one of the lowest minimum balances for savings account at Shs2, 000 while Centenary, dfcu and Bank of Africa set theirs at Shs5, 000. For fixed deposits, Diamond, Ecobank, Equity, Orient and UBAU have their minimum balances at Shs5m.

How many Ugandans have bank accounts?

As of January 2020, according to Uganda Bankers Association, there were 13 million bank accounts in Uganda and 11,000 banking agents countrywide.

Which bank is the best bank in Africa?

For another year, Zenith Bank tops the regional table for West and Central Africa in our survey of Africa’s 100 Top Banks, with tier 1 capital up 15% to $2.3bn.

How many countries have Centenary bank?

We are, therefore, a diversified bank that offers a wide range of financial products and services, including consumer and business banking, corporate and SME banking through 77 branches and 181 ATM’s country wide as well as various electronic channels.

Which Nigerian bank is in Uganda?

7 billion) GT Bank (Uganda) is a subsidiary of Guaranty Trust Bank (GTB), a Nigerian financial services conglomerate with assets in excess of NGN:2,525 billion as of 31 December 2015.

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Is there First bank in Uganda?

Standard Chartered Bank Uganda Limited was established in 1912, making it the oldest of the banks in Uganda. It is the first Ugandan bank to introduce the VISA Electron debit card and toll-free phone banking.

What banks do rich people use?

High-net-worth individuals often turn to same national banks that the rest of us use to meet our banking needs. Behemoths such as Bank of America, Chase and Wells Fargo are all popular choices for the ultra-wealthy.

Which is richest bank in world?

ICBC -China Market cap: 1.94 trillion

The Industrial and Commercial Bank of China Limited is the wealthiest bank in the world according to market capitalization. It is also ranked as the largest bank in the world when rated by total assets.

What is the number 1 bank in the world?

By total assets

Rank Bank name hideTotal assets (2020) (US$ Billion)
1 Industrial and Commercial Bank of China 4,614.35
2 China Construction Bank 4,354.87
3 Agricultural Bank of China 4,214.06
4 Bank of China 4,073.92