Citibank Uganda

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Citibank Uganda Limited
Subsidiary of Citigroup
Industry Financial Services
Founded 1999
Headquarters 4 Ternan Avenue
Nakasero, Kampala, Uganda
Key people
Ikwudinma Chinedu, CEO[1]
Products Loans, checking, savings, investments, debit cards
Revenue Increase Aftertax: US$11.2 million (UGX:26.2 billion) (2010)
Total assets US$241.4 million (UGX:587.4 billion) (2011)
Number of employees
40+ (2010)
Website Homepage

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.[2]


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.[3] As of December 2011, the bank's total asset valuation was approximately US$241.4 million (UGX:661.8 billion). At that time, shareholders' equity was estimated at US$63.5 million (UGX:155 billion).[4]

The bank is an active participant in the promotion of financial literacy in Uganda, especially in the country's schools.[5][6][7]

See also[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. ^ BOU (21 July 2016). "List of Licensed Commercial Banks As At March 2016" (PDF). Kampala: Bank of Uganda (BOU). Retrieved 21 July 2016. 
  3. ^ Our Reporter. "Rugunda tells Citibank to invest in Uganda". Kampala: Theinsider Uganda. 
  4. ^ Nalubega, Flavia (8 June 2012). "Multinational Banks Urged On Serving SMEs". Daily Monitor. Retrieved 1 May 2014. 
  5. ^ Ismail Musa, Ladu (11 February 2011). "Citibank Partners In NIE Project". Daily Monitor Mobile. Retrieved 1 May 2014. 
  6. ^ Tendo, Steven (18 September 2009). "Uganda: Citibank Donates Reading Materials". Daily Monitor via Kampala. Retrieved 21 July 2016. 
  7. ^ EABW Reporter (12 December 2015). "Uganda: Citibank Trains 500 Youths in Entrepreneurship". East African Business Week via Kampala. Retrieved 21 July 2016. 

External links[edit]