NC Bank Uganda
Private | |
Industry | Financial services |
Founded | 2012 |
Headquarters |
Rwenzori House Nakasero Road Kampala, Uganda |
Key people |
John Okulo managing director[1] |
Products | Loans, savings, checking, investments, debit cards, credit cards |
Revenue | Aftertax:UGX:1.3 billion (2015)[2] |
Total assets | UGX:156.8 billion (2014) |
Slogan | "...one life...one bank..." |
Website | Homepage |
NC Bank Uganda (NCBU), whose complete name is NC Bank Uganda Limited, is a commercial bank in Uganda. It is one of the commercial banks licensed by the Bank of Uganda, the country's central bank and national banking regulator.[3]
Overview
NCBU is a small financial services provider in Uganda, focusing on meeting the banking needs of small and medium enterprises and large corporations. As of December 2014, the total assets of the bank were valued at UGX:156.8 billion.[4] The bank is a wholly owned subsidiary of the NIC Bank Group, headquartered in Nairobi, Kenya, with subsidiaries in Kenya, Tanzania, and Uganda.
History
The bank was founded in 2012 and received a commercial banking license from the Bank of Uganda in April 2012.[5] The bank opened for business in May 2012.[6]
Branches
As of July 2012, the bank maintained networked branches at the following locations:
See also
References
- ↑ Nalubega, Flavia (8 June 2012). "New banks kick off operations amid market volatilities". Daily Monitor. Retrieved 14 August 2015.
- ↑ Muhumuza, Mark Keith (15 April 2015). "NC Bank profits up as loan defaults hit Shs10 billion". Daily Monitor. Kampala. Retrieved 15 April 2016.
- ↑ BOU (June 2015). "List of Licensed Commercial Banks As At June 2015" (PDF). Kampala: Bank of Uganda (BOU). Retrieved 16 December 2015.
- ↑ Kyokunzire, Edna (13 August 2015). "NC Bank gets Shs10b fund to improve competitiveness". Daily Monitor. Kampala. Retrieved 14 August 2015.
- ↑ "Bank of Uganda Licenses Two New Banks In 2012". Bank of Uganda. Retrieved 4 May 2014.
- ↑ Nation, Correspondent (April 2012). "NIC to open Uganda branch in growth drive". Daily Nation. Retrieved 14 August 2015.
External links
- Website of NIC Bank
- Website of Bank of Uganda
- NC Bank to Launch Asset Financing in Uganda
- Interview With John Okulo, Managing Director, NC Bank Uganda In July 2012
- Uganda: NIC Bank Puts Aside $134 Million for Expansion
- NIC Bank Group beefs up Uganda subsidiary capital