4 - 6 Nkrumah Road|
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(UGX:4.28 billion) (2012)
(UGX:135.7 billion) (2012)
PostBank Uganda has been in existence since 1926. It started out as a department in the Post Office. In February 1998 PostBank Uganda Limited was incorporated in accordance with the Communications Act of 1997 to take over the operations of the former Post Office Savings department.
PostBank Uganda was incorporated under the Companies Act in February 1998 as a limited liability company. The bank's operations are supervised by the Bank of Uganda under the Financial Institutions Act. It is classified as a Tier II Institution (Non-Bank Credit Institution), by the Bank of Uganda.
PostBank Uganda subscribes to the Depositors Insurance Scheme at Bank of Uganda. If PostBank Uganda fails, the bank's depositors are insured up to Sh 3 million (approximately US$1,600.00) in 2009, per eligible account. In 2009, PostBank Uganda applied to the Bank of Uganda to become a fully licensed commercial bank.
As of May 2014, PostBank Uganda maintained a branch network of 32 fixed branches and 17 mobile banking units, totaling 49 branches.
- Arua Branch - Arua
- Bombo Branch - Bombo
- Bugoloobi Branch - Bugoloobi, Kampala
- City Branch - Nkrumah Road, Kampala (Head Office)
- Entebbe Branch - Entebbe
- Fort Portal Branch - Fort Portal
- Gulu Branch - Gulu
- Hoima Branch - Hoima
- Iganga Branch - Iganga
- Jinja Branch - Jinja
- Kabale Branch - Kabale
- Kakiri Branch - Kakiri
- Kampala Road Branch - Kampala Road, Kampala
- Kamwenge Branch - Kamwenge
- Kanungu Branch - Kanungu
- Kasese Branch - Kasese
- Kayunga Branch - Kayunga
- Kitgum Branch - Kitgum
- Lacor Branch - Lacor Hospital, Gulu
- Lira Branch - Lira
- Masaka Branch - Masaka
- Mbale Branch - Mbale
- Mbarara Branch - Mbarara
- Mubende Branch - Mubende
- Nakasongola Branch - Nakasongola
- Ndeeba Branch - Ndeeba, Kampala
- Nkrumah Road Branch - Nkrumah Road, Kampala
- Ntungamo Branch - Ntungamo
- Soroti Branch - Soroti
- Wandegeya Branch - Wandegeya, Kampala
- William Street Branch - William Street Kampala
- Koome Island Branch - Koome Island
The mobile branches are located in the following towns and districts:
- Budaka - Budaka District
- Bududa - Bududa District
- Bukedea - Bukedea District
- Butaleja - Butaleja District
- Fort Portal - Kabarole District
- Kamwenge - Kamwenge District
- Kapchorwa - Kapchorwa District
- Kibaale - Kibaale District
- Kyegegwa - Kyegegwa District
- Kyenjojo - Kyenjojo District
- Manafwa - Manafwa District
- Pallisa - Pallisa District
- Sironko - Sironko District
- Tororo - Tororo District
The activities of PostBank Uganda are directed by the its board of directors. As of May 2014[update], the chairman of the board was Obella Oode. The managing director and chief executive officer was Stephen Mukweli. The current board was installed in 2012 for a five-year term. The day-to-day activities of the bank are supervised by a team of ten bank managers, headed by the managing director.
- Mugalu, Moses (3 June 2014). "Uganda: Postbank Launches Sh800 Million Loan Scheme for Farmers". The Observer (Uganda). Retrieved 5 June 2014.
- BOU, . "List of Licensed Credit Institutions In Uganda As At March 2013" (PDF). Bank of Uganda (BOU). Retrieved 21 June 2015.
- By, Editors (21 May 2013). "Mixed Fortunes for Banks In 2012". Summit Business Review (Uganda). Retrieved 29 May 2014.
- Maseruka, Josephine (30 March 2009). "PostBank Launches Land Loan". New Vision (Kampala). Retrieved 29 May 2014.
- NZU (27 February 2016). "Government to merge Post Bank and Pride Microfinance to form an agricultural Bank". Kampala: Newz.ug (NZU). Retrieved 3 April 2016.
- "List of PostBank Branches". PostBank Uganda. Retrieved 29 May 2014.
- Kiirya, Donald (21 March 2009). "Central Bank commends PostBank". New Vision. Retrieved 29 May 2014.
- Mafaranga, Hope (25 October 2009). "Uganda: Post Bank Goes to Kamwenge". New Vision via AllAfrica.com. Retrieved 29 May 2014.
- Baraire, Patson (7 November 2010). "Uganda: Kanungu Gets Its Second Commercial Bank". New Vision via AllAfrica.com. Retrieved 29 May 2014.
- Kulabako, Faridah (18 February 2011). "Banks Intensify Branch Growth to Raise Customer Base". Daily Monitor. Retrieved 29 May 2014.
- Senyonyi, Taddewo (6 January 2014). "Banking On Wheels: Banks Innovatively Reaching Out to The Unbanked In Remote Areas". The CEO Magazine (Kampala). Retrieved 5 June 2014.
- Ghosh, Ishita (28 September 2010). "The Ugandan Millionaire". Theworkzine.com. Retrieved 29 May 2014.
- Jaramogi, Patrick (4 April 2012). "Post Bank Gets New Board". New Vision. Retrieved 29 May 2014.