Citibank Uganda
Commercial bank in Uganda
From Wikipedia, the free encyclopedia
Citibank Uganda, is a commercial bank in Uganda operating as a wholly owned subsidiary of New York–based Citigroup. It is one of the regulated banking institutions licensed by the Bank of Uganda, the national banking regulator.[3]
| |
| Type | Subsidiary of Citigroup |
|---|---|
| Industry | Financial services |
| Founded | January 1, 1999 |
| Headquarters | Nakasero, Kampala, Uganda |
| Key people | Sarah Arapta: CEO[1] |
| Products | Loans, transaction accounts, savings, investments, debit cards |
| Total assets | UGX:990 billion (US$262 million) (2019)[2] UGX:913 billion (US$242 million) (2018)[2] |
Number of employees | 40+ (2010) |
| Parent | Citigroup |
| Website | Homepage |
Overview
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.[4] As of December 2019[update], the bank's total asset valuation was approximately USh990 (US$262 million).[2] As of 31 December 2015, shareholders' equity was about USh:155 billion (US$63.5 million).[5]
The bank is an active participant in the promotion of financial literacy in Uganda, especially in the country's schools.[6][7][8]