Citibank Uganda

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.[2]

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.[3], the bank's total asset valuation was approximately USh990 (US$262 million).[4] 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]

See also

References

  1. Denis Edema. Access to finance hinders young entrepreneurs - Citibank chief Daily Monitor Mobile, 25 May 2017, retrieved 12 July 2019^
  2. BOU. List of Licensed Commercial Banks As At March 2016 Bank of Uganda (BOU), 21 July 2016, retrieved 21 July 2016^
  3. Our Reporter. Rugunda tells Citibank to invest in Uganda The Insider Uganda, retrieved 2016-07-21^
  4. Ashita Chopra. Banks Post Mixed Results Daily Monitor, 30 April 2020, retrieved 30 April 2020^
  5. Flavia Nalubega. Multinational Banks Urged On Serving SMEs Daily Monitor, 8 June 2012, retrieved 1 May 2014^
  6. Ladu Ismail Musa. Citibank Partners In NIE Project Daily Monitor Mobile, 11 February 2011, retrieved 1 May 2014^
  7. Steven Tendo. Uganda: Citibank Donates Reading Materials Daily Monitor via AllAfrica.com, 18 September 2009, retrieved 21 July 2016^
  8. EABW Reporter. Uganda: Citibank Trains 500 Youths in Entrepreneurship East African Business Week via AllAfrica.com, 12 December 2015, retrieved 21 July 2016^