List of Banks in Uganda

A bank is a financial institution licensed to receive deposits and make loans. Banks may also provide a variety of financial services, such as wealth management, currency exchange, and safe deposit boxes. Here is a comprehensive list of banks in Uganda, categorized by their types:

Commercial Banks (Tier I financial institutions)

1. Stanbic Bank Uganda-
2. Centenary Bank
3. Cairo International Bank
4. CitiBank Uganda
5. Diamond Trust Bank
6. Ecobank Uganda
7. Exim Bank
8. Bank of Africa
9. Bank of India (Uganda)
10. Standard Chartered Bank Uganda
11. Finance Trust Bank
12. I&M Bank (Uganda)
13. NCBA Bank Uganda
14. Post Bank
15. United Bank of Africa
16. Absa Bank Uganda
17. DFCU Bank
18. Bank of Baroda Uganda
19. Equity Bank Uganda
20. Housing Finance Bank
21. KCB Bank Uganda
22. Tropical Bank
23. Salaam Bank Uganda

Credit Institutions (Tier II financial institutions)

1. BRAC Uganda Bank Limited
2. Yako Bank Uganda Limited
3. Opportunity Bank Uganda Limited
4. Guaranty Trust Bank Uganda
5. ABC Capital Bank Uganda

Development Banks

1. Uganda Development Bank
2. East African Development Bank

Central Bank

Bank of Uganda

ALSO READ: Types of Banks in Uganda and their functions

Frequently asked questions about banks in Uganda

Q1: How many banks are in Uganda today?

There are 31 banks in Uganda. These include:

• 23 Commercial Banks
• 5 Credit Institutions
• 2 Development Banks
• A central bank (Bank of Uganda)

Q2: How many Commercial Banks are in Uganda?

There are 23 Commercial Banks in Uganda.

Q3: What time do banks close in Uganda?

In Uganda, most banks typically close around 5:00 PM from Monday to Friday. On Saturdays, many banks close earlier, around 2:00 PM. However, the exact closing times can vary depending on the specific bank and branch. For example:

• Stanbic Bank branches generally close at 5:00 PM on weekdays and 1:00 PM on Saturdays.
• Absa Bank branches usually close at 5:00 PM on weekdays and 2:00 PM on Saturdays.
• NCBA Bank branches close at 5:00 PM on weekdays and 2:00 PM on Saturdays.

Q4: Which banks have PayPal in Uganda?

The option to receive money via PayPal is not available in Uganda. You can only send money using a confirmed credit card.

Q5: What is the biggest bank in Uganda?

The biggest bank in Uganda by assets is Stanbic Bank Uganda

Q6: What is the oldest bank in Uganda?

The oldest bank in Uganda is Standard Chartered Bank Uganda Limited, which was established in 1912.