|Type||Subsidiary of Citigroup|
|Headquarters||4 Ternan Avenue
Nakasero, Kampala, Uganda
|Key people||Chinedu Ikwudinma
|Products||Loans, Checking, Savings, Investments, Debit Cards|
|Revenue||Aftertax: US$11.2 million (UGX:26.2 billion) (2010)|
|Total assets||US$241.4 million (UGX:587.4 billion) (2011)|
Citibank Uganda Limited (CUL), also referred to as Citibank Uganda, is a commercial bank in Uganda. It is one of the regulated banking institutions licensed by the Bank of Uganda, the national banking regulator.
The bank is a medium-sized International bank that focuses on meeting the banking needs of large corporate customers as well as those of individuals with high networth. As of December 2011[update], the bank's total asset valuation was approximately US$241.4 million (UGX:661.8 billion). At that time, shareholders' equity was estimated at about US$63.5 million (UGX:155 billion). The bank is a 100% subsidiary of Citicorp of New York, which in turn is a subsidiary of Citigroup, an International financial services organization, that maintains its headquarters in the United States of America, and whose shares are quoted on the New York Stock Exchange and on the Tokyo Stock Exchange.
Citibank Uganda Limited was established in 1999 and began commercial banking activities following the issuance of a banking licence by the Bank of Uganda, the national Central Bank and banking regulalor in the country. In December 2009, Cutibank Uganda Celebtrated 10 Years in business, having grown shareholders capital from UGX:5.2 billion (about US$2.6 million) in 1999 to UGX:102 billion (about US$51 million) in 2009.
- Website of Citibank Uganda Limited
- Website of the Bank of Uganda
- Website of Citigroup
- Company Profile At Bloomberg Businessweek
- Company Profile At Findlaw.com
- Citibank Uganda Partners In Nie Project