Type | Private |
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Industry | Banking |
Founded | 2005 |
Headquarters | Kigali, Rwanda |
Products | Loans, credit cards, savings, investments, mortgages |
Revenue | Aftertax: US$387,000+ (RWF:230 million) (2010)[1] |
Unguka Bank Limited (UBL), commonly known as Unguka Bank, is a commercial bank in Rwanda. It is one of the banks licensed by the National Bank of Rwanda, the country's banking regulator.[2]
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As of December 2011[update], UBL is a small but growing financial service provider, whose total asset valuation and shareholders' equity are publicly unknown at this time.
The institution was founded in 2005, as Unguka Microfinance Limited.[3] In 2011, during its sixth year of existence, the institution transformed into a commercial bank following the issuance of banking licence by the National Bank of Rwanda. The bank rebranded as Unguka Bank Limited.[4]
The stock of Uguka Bank is privately owned by corporate and individual investors. At this time, the detailed shareholding in the bank is not widely publicly known.
As of December 2011[update], UBL maintains a network of 13 branches, including in the following locations:
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