Opportunity Bank Uganda Limited

Opportunity Bank Uganda Limited (OBUL) is a commercial bank that offers a wide range of financial services to individuals and businesses across Uganda. Established in 1995 as Faulu Uganda, the bank became a limited liability company in 1999 and incorporated under the name Faulu Uganda Limited.

In 2006, Opportunity Transformation Investments and Opportunity International Australia purchased a combined majority stake of 63 percent in Faulu Uganda Limited. The remaining shares were bought by Opportunity in 2009, and the bank was renamed Opportunity Uganda Limited. In November 2011, the bank rebranded to “Opportunity Bank Uganda Limited”

As a Tier I financial institution, licensed by the Bank of Uganda, Opportunity Bank Uganda Limited has total assets worth USh132 billion (US$36.3 million) and shareholders’ equity of about USh28 billion (US$7.7 million) as of September 2019. The bank offers services such as savings and checking accounts, loans, money transfer services, and insurance services to its customers.

The bank’s headquarters are located in Opportunity House, at 1259 Old Kira Road, in Kamwookya, a business and residential neighborhood within the city of Kampala, Uganda’s capital. OBUL has an extensive branch network across the country, with branches in major cities and towns, including Jinja, Lira, Mbarara, and Masaka.

OBUL is committed to empowering individuals and communities with financial services that are accessible, affordable, and convenient. The bank’s mission is to provide financial solutions that enable its customers to achieve their financial goals and improve their lives. With a focus on microfinance, OBUL provides loans and other financial services to small businesses and entrepreneurs, particularly in rural areas, to help them grow and create employment opportunities.

In addition to its core banking services, OBUL has also partnered with other organizations to provide value-added services to its customers. For example, the bank has partnered with insurance companies to offer insurance services to its customers, providing them with protection against unforeseen events such as accidents, illnesses, and death.