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PostBank Uganda is a commercial bank in Uganda, licensed and supervised by the Bank of Uganda, the country's central bank and national banking regulator. The bank received her tier-1 banking license in December 2021. [4] [5] Before that, PostBank Uganda was classified as a non-bank credit institution, still under the supervision of the Bank of ...
Posta Uganda can grant licenses for franking machines. [1] Posta Uganda has a monopoly of all international and domestic mail in Uganda, although letters may be exempted. [1] Posta Uganda also sets the price for stamps and mail services, although it is limited in this respect by the Communications Act and by the Uganda Communications Commission ...
Japan Post Bank, part of the post office was the world's largest savings bank with 198 trillion yen (US$1.7 trillion) of deposits as of 2006, [22] much from conservative, risk-averse citizens. The state-owned Japan Post Bank business unit of Japan Post was formed in 2007, as part of a ten-year privatization programme, intended to achieve fully ...
In February 2002, Standard Bank acquired 90 percent shareholding in the Uganda Commercial Bank, a government-owned retail banking operation with 65 branches. [15] The new owners merged their new acquisition with their existing Stanbic Bank (Uganda) Limited to form Uganda's largest commercial bank by assets and branch network. [11]
The Bank of Uganda reported total banking assets at USh 24.9 trillion, as at 30 June 2017, [23] with 7.4 million commercial bank accounts in the country. [24] At that time, there were 546 bank branches and 818 ATMs in Uganda. [23]
This is a list of commercial banks and other credit institutions in Uganda, as updated March 2023 by the Bank of Uganda [1] [2] and taking into account the more recent downgrading of three banks to other credit institutions.
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An application was made to the Bank of Uganda for the issuance of an MDI banking license. In October 2011, a Tier III MDI licence was granted, and MDI operations began on 10 October 2011. As of March 2014 [update] , the institution's total assets were about US$10.07 million (UGX:25.34 billion), with shareholders' equity of about US$2.25 million ...