Citibank Uganda

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Citibank Uganda Limited
Subsidiary of Citigroup
Industry Financial Services
Founded January 1, 1999; 19 years ago (1999-01-01)
Headquarters Nakasero, Kampala, Uganda
Key people
Ikwudinma Chinedu (CEO)[1]
Products Loans, transaction accounts, savings, investments, debit cards
Total assets UGX:951.1 billion (US$257.4 million) (2016)[2]
UGX:712.7 billion (US$193 million) (2015)[2]
Number of employees
40+ (2010)
Parent Citigroup
Website 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.[3]

Overview[edit]

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.[4] As of December 2016, the bank's total asset valuation was approximately USh951.1 (US$257.4 million).[2] 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[edit]

References[edit]

  1. ^ Adengo, Jonathan (15 April 2015). "Centenary's MD takes over as chairman of Bankers' association". Daily Monitor. Kampala. Retrieved 21 July 2016. 
  2. ^ a b c Taddewo William Senyonyi (24 May 2017). "Exclusive: Uganda's Largest Banks By Assets Revealed". Business Focus Magazine. Kampala. Retrieved 4 May 2018. 
  3. ^ BOU (21 July 2016). "List of Licensed Commercial Banks As At March 2016" (PDF). Kampala: Bank of Uganda (BOU). Retrieved 21 July 2016. 
  4. ^ Our Reporter. "Rugunda tells Citibank to invest in Uganda". Kampala: The Insider Uganda. 
  5. ^ Nalubega, Flavia (8 June 2012). "Multinational Banks Urged On Serving SMEs". Daily Monitor. Retrieved 1 May 2014. 
  6. ^ Ismail Musa, Ladu (11 February 2011). "Citibank Partners In NIE Project". Daily Monitor Mobile. Retrieved 1 May 2014. 
  7. ^ Tendo, Steven (18 September 2009). "Uganda: Citibank Donates Reading Materials". Daily Monitor via AllAfrica.com. Kampala. Retrieved 21 July 2016. 
  8. ^ EABW Reporter (12 December 2015). "Uganda: Citibank Trains 500 Youths in Entrepreneurship". East African Business Week via AllAfrica.com. Kampala. Retrieved 21 July 2016. 

External links[edit]