ABC Bank (Uganda)
4 Pilkington Road
James Wilson Muwanga |
Pooran Chand Kukreja
chief executive officer
|Products||Loans, savings, checking, investments|
|Revenue||Aftertax: UGX:996.8 million (2015)|
|Total assets||UGX:49.6 billion (2015)|
Number of employees
The bank provides banking services to large corporations, small-to-medium-sized businesses (SMEs), as well as individuals. As of December 2015, the bank's total assets were valued at about UGX:49.6 billion, with shareholders' equity of about UGX:28.61 billion.
ABC Capital Bank was founded in 1992 as Capital Finance Corporation Limited (CFCL), a Tier III Ugandan Financial Institution, under the licensure and supervision of the Bank of Uganda. In 1999, CFCL established a wholly owned subsidiary, CFC Forex Bureau. In 2008, CFCL signed a memorandum of understanding with ABC Bank (Kenya), identifying the Kenyan institution as a strategic investor in CFCL in the latter's efforts to transform into a commercial bank. On 26 February 2010, following the acquisition of a commercial banking license from the Bank of Uganda, CFCL rebranded as ABC Capital Bank.
|ABC Bank (Uganda) Stock Ownership|
As of July 2016, ABC Bank (Uganda) maintained networked branches at the following locations: (1) Main Branch - Colline House, 4C Pilkington Road, Kampala, (2) Luwum Street Branch - Pioneer Mansion, 11 Luwum Street, Kampala, (3) Kikuubo Branch - Fami Plaza, 21 Nakivubo Road, Kampala and (4) Arua Park Branch - Arua Park Mall, 5 Wilson Road, Kampala.
- ABCBU (31 December 2015). "Members of Board of Directors". Kampala: ABC Capital Bank Uganda (ABCBU). Retrieved 26 April 2014.
- BOU (31 March 2017). "List of Licensed Banks As 31 March 2017" (PDF). Kampala: Bank of Uganda (BOU). Retrieved 24 July 2017.
- ABCBU (31 December 2015). "Audited Financial Report for Year Ending 31 December 2015". Kampala: ABC Bank Uganda (ABCBU). Retrieved 26 July 2016.
- ABCCB (26 July 2016). "History of ABC Capital Bank". Kampala: ABC Capital Bank (ABCCB). Retrieved 26 July 2016.
- Mbanga, Jeff (12 November 2008). "Kenyan bank set to buy Capital Finance". The Observer (Uganda). Kampala. Retrieved 26 July 2016.