NCBA Bank Uganda

NCBA Bank UgandaCompany type| Subsidiary of NCBA Group Plc

|

Industry| Financial services
Founded| 2012; 12 years ago (2012)
Headquarters| Rwenzori House
Nakasero Road
Kampala, Uganda

Key people

| Grace Jethro Kavuma
Chairman
Mark Muyobo
Acting Managing Director[1]
Products| Loans, savings, checking, investments, debit cards, credit cards
Revenue| Aftertax:UGX:1.3 billion (2015)[2]
Total assets| UGX:548 billion (US$149 million) (Q1:2020)[3]
Website| Homepage

NCBA Bank Uganda Limited (commonly called NCBA Bank Uganda or shortened to NCBU), is a commercial bank in Uganda. It is one of the commercial banks licensed by the Bank of Uganda, the country's central bank and national banking regulator.[4]

## Overview[edit]

NCBA Bank Uganda is a retail financial services provider in Uganda, focusing on meeting the banking needs of small and medium enterprises and large corporations. As of 31 March 2020[update], the total assets of the bank were valued at UGX:548 billion (US$149 million).[3] The bank is a wholly owned subsidiary of the NCBA Group Plc, headquartered in Nairobi, Kenya, with subsidiaries in Kenya, Tanzania, Rwanda, Ivory Coast and Uganda.[5]

## History[edit]

The bank was founded in 2012 as NC Bank Uganda and received a commercial banking license from the Bank of Uganda in April 2012.[6] The bank opened for business in May 2012.[7]

In September 2019, the two parent companies of NC Bank Uganda and Commercial Bank of Africa (Uganda), both based in Kenya, received regulatory approval to merge their businesses, thereby merging their subsidiaries in Uganda to form NCBA Bank Uganda, effective 1 October 2019, subject to the approval of the Bank of Uganda.[8]

In June 2020, Bank of Uganda gave consent for the merger of NC Bank Uganda with CBA Uganda. The merger process is expected to be complete by 31 September 2020. The combined bank had total assets of USh548 billion, (approx. US$149 million), as of 31 March 2020.[9][10]

## Management[edit]

Anthony Ndegwa, formerly managing director of CBA Uganda Limited, was appointed managing director of NCBA Bank Uganda, effective June 2020.[10] In December 2020, Anthony Ndegwa left the bank and Mark Muyobo was appointed as managing director and CEO, in acting capacity.[1]

## Branches[edit]

As of July 2020, the bank maintained networked branches at the following locations:[11]

1. Nakasero Branch: Rwenzori House, Nakasero Road, Nakasero, Kampala Main Branch
2. Bugoloobi Branch: 2nd Floor, Village Mall, Bugoloobi, Kampala
3. Market Plaza Branch: Market Street, Kampala.
4. Kafu Road Branch - Twed Towers, 10 Kafu Road, Nakasero, Kampala.

## See also[edit]

* Banking in Uganda
* List of banks in Uganda
* Economy of Uganda

## References[edit]

1. ^ a b Muhereza Kyamutetera (3 December 2021). "Anthony Ndegwa exits NCBA Bank Uganda; replaced by Mark Muyobo as Ag Managing Director & CEO". CEO Magazine Uganda. Kampala, Uganda. Retrieved 31 January 2022.
2. ^ Muhumuza, Mark Keith (15 April 2015). "NC Bank profits up as loan defaults hit Shs10 billion". Daily Monitor. Kampala. Retrieved 15 April 2016.
3. ^ a b Muhereza Kyamutetera (1 June 2020). "Anthony Ndegwa To Head Merged NCBA Bank Uganda; Ntulume And Muyobo Designated Executive Directors". CEO Magazine Uganda. Kampala. Retrieved 11 July 2020.
4. ^ Bank of Uganda (15 June 2020). "List of Licensed Commercial Banks As At June 2020" (PDF). Kampala: Bank of Uganda. Retrieved 22 June 2020.
5. ^ George Obulutsa (27 September 2019). "Kenya Central Allows Merger of Lenders NIC and CBA Group". Reuters.com. Archived from the original on 28 September 2019. Retrieved 28 September 2019.
6. ^ "Bank of Uganda Licenses Two New Banks In 2012". Bank of Uganda. Retrieved 4 May 2014.
7. ^ Nation Correspondent (April 2012). "NIC to open Uganda branch in growth drive". Daily Nation. Nairobi. Retrieved 14 August 2015.
8. ^ George Obulutsa (27 September 2019). "Kenya Central Allows Merger of Lenders NIC and CBA Group". Reuters.com. Archived from the original on 28 September 2019. Retrieved 28 September 2019.
9. ^ Christine Kasimiire (1 June 2020). "NC, CBA Merger To Create Shs548 Billion Bank". Daily Monitor. Kampala. Retrieved 2 June 2020.
10. ^ a b Ali Twaha (23 June 2020). "Bank Mergers: NCBA Bank Unveiled". New Vision. Kampala. Retrieved 11 July 2020.
11. ^ NC Bank Uganda (2019). "Branches of NC Bank Uganda Limited". Kampala: NC Bank Uganda Limited. Retrieved 11 March 2019.

## External links[edit]

* Website of NCBA Group Plc
* Website of NCBA Bank Uganda
* Website of NCBA Bank Kenya

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Kampala District

Capital: Kampala

Divisions|

* Kampala Central Division
* Kawempe Division
* Lubaga Division
* Makindye Division
* Nakawa Division

Neighborhoods|

* Banda
* Bugoloobi
* Bukoto
* Busega
* Butabika
* Bwaise
* Ggaba
* Kabalagala
* Kamwookya
* Kansanga
* Kaleerwe
* Kanyanya
* Kasubi
* Katwe
* Kawaala
* Kawempe
* Kibuli
* Kibuye
* Kigoowa
* Kikaaya
* Kisaasi
* Kiwaatule
* Kulambiro
* Kololo
* Kyambogo
* Kyebando
* Lubaga
* Lungujja
* Luzira
* Makerere
* Makindye
* Mbuya
* Mengo
* Mpererwe
* Mulago
* Munyonyo
* Muyenga
* Naakulabye
* Naguru
* Najjanankumbi
* Nakasero
* Nakawa
* Nakawa–Naguru Estates
* Namirembe
* Namungoona
* Namuwongo
* Nateete
* Ndeeba
* Nsambya
* Ntinda
* Old Kampala
* Port Bell
* Wandegeya

Banking|

* Bank of Uganda
* Uganda Deposit Protection Fund
* ABC Bank (Uganda)
* Absa Bank Uganda Limited
* Bank of Africa Uganda Limited
* Bank of Baroda Uganda Limited
* Bank of India (Uganda)
* DFCU Group
* Cairo Bank Uganda
* Centenary Bank
* Citibank
* DFCU Bank
* Diamond Trust Bank
* Ecobank
* Equity Bank
* Exim Bank (Uganda)
* Finance Trust Bank
* Guaranty Trust Bank
* Housing Finance Bank
* I&M Bank Uganda
* KCB Bank Uganda Limited
* NCBA Bank Uganda
* Opportunity Bank Uganda Limited
* PostBank Uganda
* Stanbic Bank Uganda Limited
* Standard Chartered Uganda
* Tropical Bank
* United Bank for Africa
* East African Development Bank
* Uganda Development Bank
* Pride Microfinance Limited
* EFC Uganda Limited
* FINCA Uganda Limited
* UGAFODE Microfinance Limited
* Exodus Sacco
* Mercantile Credit Bank
* Letshego Microfinance Uganda
* Top Finance Bank Uganda
* Yako Microfinance Limited

Industry|

* Aya Group
* Cipla Quality Chemical Industries Limited
* FI Holdings–House of Dawda Group
* Mukwano Group
* Kiira Motors Corporation
* Sarrai Group

Media|

* Daily Monitor
* New Vision
* New Vision Group
* The Independent (Uganda)
* The Observer (Uganda)

Information Technology|

* Airtel Uganda
* K2 Telecom
* MTN Uganda
* Uganda Communications Commission
* Uganda Telecommunications Corporation Limited
* Vodafone Uganda

Economy|

* Dott Services
* National Housing and Construction Company
* Tirupati Development Uganda Limited
* Insurance Regulatory Authority of Uganda
* National Food and Drug Authority
* National Planning Authority
* National Identification and Registration Authority
* National Social Security Fund
* National Water and Sewerage Corporation
* Uganda Securities Exchange
* Uganda Investment Authority
* Ruparelia Group
* Kyagalanyi Coffee Limited
* Brookside Dairy Limited
* Jesa Farm Dairy Limited
* Uganda Retirement Benefits Regulatory Authority
* Uganda Land Commission
* Capital Markets Authority of Uganda
* Uganda Coffee Development Authority
* ROKO Construction Company
* Uganda Business Facilitation Centre

Transport|

* Uganda Air Cargo
* Uganda Airlines
* Kampala Airport
* Uganda National Roads Authority
* Entebbe–Kampala Expressway
* Kampala–Jinja Expressway
* Kampala–Jinja Highway
* Kampala–Entebbe Road
* Kampala–Gayaza Road
* Kampala–Bombo Expressway
* Kampala–Busunju Expressway
* Kampala–Mpigi Expressway
* Kampala–Masaka Road
* Kampala–Mityana Road
* Kampala–Hoima Road
* Kampala Northern Bypass Highway
* Kampala Southern Bypass Highway
* Kampala Outer Beltway
* Tondeka Metro Bus Service

Energy|

* Umeme
* Electricity Regulatory Authority
* Uganda National Oil Company
* Uganda Refinery Holding Company
* Uganda National Pipeline Company
* Petroleum Authority of Uganda
* Uganda Electricity Generation Company Limited
* Uganda Electricity Transmission Company Limited
* Uganda Energy Credit Capitalisation Company

Notable
landmarks|

* Afrexim Bank House, Kampala
* Bulange
* Christ the King Catholic Church
* Uganda Parliament Buildings
* Kampala Capital City Authority Complex
* DFCU House
* Kampala Protea Hotel
* Kampala Hilton Garden Inn
* Kampala Hilton Hotel
* Kampala Serena Hotel
* Kampala Sheraton Hotel
* Imperial Hotels Group
* Imperial Royale Hotel
* Grand Imperial Hotel
* Janani Luwum Church House
* Kampala Kingdom Hotel
* Kampala Speke Hotel
* Mapeera House
* Movement House
* Munyonyo Commonwealth Resort
* Thobani Centre
* Speke Resort and Conference Center
* East African Development Bank Building
* Bank of Uganda Building Complex
* Mengo Palace
* Kabaka's Place Banda
* Namirembe Cathedral
* Rubaga Cathedral
* Makerere University Main Campus
* National Water and Sewerage Corporation Headquarters Building
* Kampala Tower
* Hotel Africana
* Kibuli Mosque
* Old Kampala Mosque
* Uganda Inspectorate of Government Towers
* Uganda Ministry of Education Complex
* Uganda Museum
* Uganda National Cultural Centre
* Uganda National Records Centre and Archives
* Kasubi Tombs
* DFCU House
* Pension Towers
* JLOS House Project
* Roman Catholic Archdiocese of Kampala

Education|

* Aga Khan University, Kampala
* Cavendish University Uganda
* Clarke International University
* Habib Medical School
* Institute of Petroleum Studies Kampala
* International Health Sciences University
* International University of East Africa
* ISBAT University
* Kampala International School
* Kampala University
* Kibuli Secondary School
* Kitante Hill Secondary School
* Kololo Senior Secondary School
* Kyambogo University
* Law Development Centre
* Makerere College School
* Makerere University
* Makerere University Business School
* Mengo Senior School
* Nabisunsa Girls' Secondary School
* Nakawa Vocational Training Institute
* Nexus International University
* Rubaga Community School
* Stafford University Uganda
* St. Augustine International University
* St. Lawrence University
* Uganda Christian University School of Medicine
* Team University
* Uganda Industrial Research Institute
* Uganda Management Institute
* Uganda Martyrs University School of Medicine
* Uganda National Entrepreneurship Development Institute
* Uganda Technology and Management University
* Victoria University Uganda
* Uganda National Council for Higher Education

Health|

* Aga Khan University Hospital, Kampala
* Butabika Hospital
* Case Medical Centre
* International Hospital Kampala
* Kadic Hospital
* Kampala Hospital
* Kampala Medical Chambers Hospital
* Kawempe General Hospital
* Kibuli Hospital
* Kiruddu General Hospital
* Lubaga Hospital
* Makerere University Hospital
* Mbuya Military Hospital
* Mengo Hospital
* Mulago Hospital
* Mulago Women's Referral Hospital
* Murchison Bay Hospital
* Upper Mulago Regional Referral Hospital
* Nakasero Hospital
* Naguru General Hospital
* Nsambya Hospital
* Paragon Hospital
* Uganda Cancer Institute
* Uganda Heart Institute
* Uganda Medical and Dental Practitioners Council
* Women's Hospital International and Fertility Centre
* Galilee Community General Jewish Hospital of Uganda
* International Medical Group
* Uganda Joint Medical Store

Legal|

* A.F. Mpanga Advocates
* ENSafrica
* Kampala Associated Advocates
* Kasirye Byaruhanga and Company Advocates
* Kateera & Kagumire Advocates
* Katende Ssempebwa & Company Advocates
* Kigozi Ssempala Mukasa Obonyo Advocates
* Ligomarc Advocates
* Sebalu & Lule Advocates

Environment|

* National Environment Management Authority of Uganda

Notable people|

* Apolo Nsibambi
* Nasser Sebaggala
* David Serwadda
* Fred Ruhindi
* John Ssebaana Kizito
* Bulaimu Muwanga Kibirige
* Erias Lukwago
* Ian Clarke
* Jennifer Musisi
* Josephine Nambooze
* Maria Kiwanuka
* Laurence Sematimba
* Joseph Kizito
* Justinian Tamusuza
* Robert Ssejjemba
* Eugene Sseppuya
* Phillip Ssozi
* Sudhir Ruparelia
* Wasswa Serwanga
* Yusef Sozi
* Margaret Zziwa
* Beti Kamya-Turwomwe
* Moses Matovu
* Mohammed Hamid
* Hasmukh Dawda

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