Citibank Uganda

Citibank Uganda Limited
Subsidiary of Citigroup
Industry Financial Services
Founded 1999
Headquarters 4 Ternan Avenue
Nakasero, Kampala, Uganda
Key people
Chinedu Ikwudinma
managing director[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]

Overwiew

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. 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).[3]

History

The bank is an active participant in the promotion of financial literacy in Uganda, especially in the country's schools.[4]

See also

References

  1. Tendo, Steven (18 September 2009). articles with dead external links%5d%5d%5b%5bCategory:Articles with dead external links from February 2016%5d%5d "Uganda: Citibank Donates Reading Materials" Check |url= value (help). Daily Monitor via AllAfrica.com. Retrieved 1 May 2014.
  2. BOU (June 2015). "List of Licensed Commercial Banks As At June 2015" (PDF). Kampala: Bank of Uganda (BOU). Retrieved 18 December 2015.
  3. Nalubega, Flavia (8 June 2012). "Multinational Banks Urged On Serving SMEs". Daily Monitor. Retrieved 1 May 2014.
  4. Ismail Musa, Ladu (11 February 2011). "Citibank Partners In NIE Project". Daily Monitor Mobile. Retrieved 1 May 2014.

External links

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