NCBA Bank Uganda is a leading commercial bank that has been operating in Uganda since 2012. With a strong focus on meeting the banking needs of small and medium enterprises, as well as large corporations, the bank has established itself as a reliable retail financial services provider in the country.
As of 31 March 2020, NCBA Bank Uganda had total assets valued at UGX:548 billion, which is equivalent to US$149 million. The bank is a wholly owned subsidiary of NCBA Group Plc, a financial services conglomerate headquartered in Nairobi, Kenya, with subsidiaries in Kenya, Tanzania, Rwanda, Ivory Coast and Uganda.
In 2019, NCBA Bank Uganda merged with Commercial Bank of Africa (Uganda) to form NCBA Bank Uganda, subject to the approval of the Bank of Uganda. This move was aimed at strengthening the bank’s presence in the Ugandan market and improving its overall competitiveness
