Imperial Bank Uganda
| Type | Private |
|---|---|
| Industry | Financial Services |
| Founded | 2011 |
| Headquarters |
6 Hannington Road Kampala, Uganda |
| Key people |
Sarah Nanziri Bagalaaliwo Chairman Joseph Mathai Mandy Managing Director |
| Products | Loans, checking, savings, investments, debit cards |
| Revenue |
 Aftertax:US$715,600 (UGX:1.777 billion) (2012) |
| Total assets | US$54.4 million (UGX:135.2 billion) (2012) |
| Website | Homepage |
Imperial Bank Uganda, commonly known as Imperial Bank, is a commercial bank in Uganda. It is one of the commercial banks licenced by Bank of Uganda, the national banking regulator.[1]
Overview
The bank is a small-sized retail bank that caters to both individuals and corporate clients. In December 2012, the bank's total assets were valued at approximately US$54.4 million (UGX:135.2 billion), with shareholders' equity of approximately US$11.73 million (UGX:29.1 billion).[2] Imperial Bank Kenya is one of seven Kenyan commercial banks with intentions of expanding their operations into the rest of East Africa. They are:[3]
- ABC Bank (Kenya) - ABC Capital Bank
- Bank of India Kenya - Bank of India Uganda
- Commercial Bank of Africa - Commercial Bank of Africa (Uganda)
- Fina Bank Group - Fina Bank (Uganda)
- Imperial Bank Kenya - Imperial Bank Uganda
- NIC Bank - NC Bank Uganda
- I&M Bank Group - I&M Bank (Uganda):In development
History
Imperial Bank Uganda was established in 2011, by two major investors, Mukwano Group, a diversified Ugandan business and manufacturing conglomerate, and Imperial Bank Kenya, a medium-sized financial services provider, based in Nairobi, Kenya, having total assets of about US$230 million (KES:19.4 billion) in June 2010.[4]
Ownership
The stock of the bank is privately held. The detailed shareholding in Imperial Bank Uganda is depicted in the table below:[5][6]
