Equity Bank Uganda Limited
Equity Bank Uganda Limited (EBUL), is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. EBUL is a subsidiary of Equity Group Holdings Limited, a financial service conglomerate with headquarters in Kenya and subsidiaries in six countries of the African Great Lakes Region. Location. The bank maintains its headquarters and main branch in Janani Luwum Church House, at 34 Kampala Road, in the central business district of Kampala, Uganda's capital and largest city. The geographical coordinates of the bank's headquarters are. Overview. The  bank provides banking services to individuals and to small and medium business enterprises. As of 31 December 2019, the bank's total assets were valued at UGX:1.63 trillion ($464.84 million). By 30 June 2020, the bank's total assets had grown to UGX1.823 trillion ($520 million). In December 2020, EBUL's total assets were valued at USh:2.069 trillion (US$590 million). At that time, it was the 7th largest commercial bank in Uganda by assets. History. Equity Bank Uganda Limited was created in 2008 when the Equity Group Holdings Limited purchased Uganda Microfinance Limited, a Tier II, Ugandan  microfinance company for an all-share price of US$27 million. Equity Bank (Uganda) launched under its new brand on 30 March 2009. Ownership. Equity Bank Uganda Limited is a subsidiary of Equity Group Holdings Limited (EGHL). The Ugandan subsidiary owns 11,333,333 ordinary shares of the parent company based in Nairobi, Kenya. EGHL is a large Kenyan financial services conglomerate, with total assets of over Kshs 1.12 trillion (US$10.4 billion), as at July 2021. The stock of EGHL is also cross-listed on the Uganda Securities Exchange under the symbol EBL. Branch network. Equity Bank Uganda Limited has its  headquarters in Uganda's capital city, Kampala. , the bank maintained networked branches at the following locations: