PostBank Uganda

Ugandan financial institution

For other uses, see Postbank.

PostBank UgandaCompany type| Parastatal

|

Industry| Financial services
Founded| 1926; 99 years ago (1926)
Headquarters| 4 - 6 Nkrumah Road
Kampala, Uganda

Key people

| Andrew Otengo Owiny
Chairperson[1]
Julius Kakeeto
Managing Director / Chief Executive Officer[2]
Products| Loans, checking, savings, investments
Revenue| Aftertax:UGX:27.5 billion (US$7.44 million) (2023)
Total assets| UGX:1.071 trillion (US$289.62 million) (2023)

Number of employees

| 1,153 (2023)[3]
Website| www.postbank.co.ug

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 Uganda.[6]

## Overview

[edit]

As of December 2023[update], PostBank Uganda had total assets worth UGX:1.071 trillion (approx. US$289.62 million), with shareholders' equity worth UGX:163.8 billion (approx. US$44.3 million).[3] At that time customer deposits totaled UGX:790 billion (approx. US$213.6 million), and its loan book stood at UGX:603 billion (approx. US$163 million).[7]

## History

[edit]

PostBank Uganda has been in existence since 1926.[8] It started out as a department in the Post Office. In February 1998 PostBank Uganda Limited was incorporated in accordance with the Communications Act of 1997 to take over the operations of the former Post Office Savings department.

PostBank Uganda was incorporated under the Companies Act in February 1998 as a limited liability company. The bank's operations are supervised by the Bank of Uganda under the Financial Institutions Act. Before December 2021, it was classified as a Tier II Institution (Non-Bank Credit Institution), by the Bank of Uganda (BOU). That month, it received a Tier I banking license from BOU.[6]

## Ownership

[edit]

PostBank Uganda is wholly owned by the Government of Uganda.[8]

## Branch network

[edit]

As of February 2021, PostBank Uganda maintained a branch network of 33 fixed branches and 17 mobile banking units, totaling 50 branches.[9]

### Fixed branches

[edit]

1. Arua Branch - Arua
2. Bombo Branch - Bombo
3. Bugolobi Branch - Bugoloobi, Kampala
4. Bulenga Branch - Bulenga
5. City Branch - Nkrumah Road, Kampala (Head Office)
6. Entebbe Branch - Entebbe
7. Fort Portal Branch - Fort Portal
8. Gulu Branch - Gulu
9. Hoima Branch - Hoima
10. Iganga Branch - Iganga[10]
11. Jinja Branch - Jinja
12. Kabale Branch - Kabale
13. Kakiri Branch - Kakiri
14. Kampala Road Branch - Kampala Road, Kampala
15. Kamwenge Branch - Kamwenge[11]
16. Kanungu Branch - Kanungu[12]
17. Kasese Branch - Kasese
18. Kayunga Branch - Kayunga
19. Kitgum Branch - Kitgum
20. Lacor Branch - Lacor Hospital, Gulu
21. Lira Branch - Lira
22. Masaka Branch - Masaka
23. Mbale Branch - Mbale
24. Mbarara Branch - Mbarara
25. Mubende Branch - Mubende
26. Mukono Branch - Mukono[1]
27. Nakasongola Branch - Nakasongola
28. Ndeeba Branch - Ndeeba, Kampala
29. Ntungamo Branch - Ntungamo
30. Soroti Branch - Soroti
31. Wandegeya Branch - Wandegeya, Kampala
32. William Street - Kampala.[13]
33. Anaka Branch - Nwoya

### Mobile branches

[edit]

The mobile branches are located in the following towns and districts:[14]

1. Budaka \- Budaka District
2. Bududa \- Bududa District
3. Bukedea \- Bukedea District
4. Butaleja \- Butaleja District
5. Fort Portal \- Kabarole District
6. Kamwenge \- Kamwenge District
7. Kapchorwa \- Kapchorwa District
8. Kibaale \- Kibaale District
9. Kyegegwa \- Kyegegwa District[15]
10. Kyenjojo \- Kyenjojo District
11. Manafwa \- Manafwa District
12. Pallisa \- Pallisa District
13. Sironko \- Sironko District
14. Tororo \- Tororo District

## Governance

[edit]

The activities of PostBank Uganda are directed by its board of directors. As of February 2021[update], the chairperson of the board was Andrew Otenga Owiny.[1] The day-to-day activities of the bank are supervised by a team of ten bank managers, headed by the managing director. As of November 2019, the managing director and chief executive officer is Julius Kakeeto.[2]

## See also

[edit]

* Banks portal

* Banking in Uganda
* List of banks in Uganda

## References

[edit]

1. ^ a b c Daily Monitor Reporter (19 February 2021). "PostBank Gets New Board Chair". Daily Monitor. Kampala. Retrieved 19 February 2021.
2. ^ a b Javia Ssebwami (11 November 2019). "Post Bank Uganda announces new managing director". Kampala: PML Daily. Retrieved 3 April 2020.
3. ^ a b "Postbank Uganda Integrated Report As of 31 December 2023" (PDF). Postbank Uganda. Kampala, Uganda. 31 July 2024. Retrieved 8 August 2024.
4. ^ Amon Katungulu (14 December 2021). "PostBank elevated to tier one commercial bank". Nile Post Uganda. Kampala, Uganda. Retrieved 14 December 2021.
5. ^ Godfrey Ivudria (16 December 2021). "Post Bank Becomes A Fully-Fledged Commercial Bank". East African Business Week. Kampala, Uganda. Archived from the original on 16 December 2021. Retrieved 17 December 2021.
6. ^ a b Dorothy Nakaweesi (15 December 2021). "Post Bank becomes Uganda's 27th commercial bank". Daily Monitor. Kampala, Uganda. Retrieved 16 December 2021.
7. ^ Muhereza Kyamutetera (11 April 2024). "Increased Lending To SMEs And Agriculture Leads Postbank Assets To Surpass UGX One Trillion". CEO Magazine Uganda. Kampala, Uganda. Retrieved 8 August 2024.
8. ^ a b "Our History". Retrieved 29 May 2020.
9. ^ "List of PostBank Branches". PostBank Uganda. Archived from the original on 31 December 2013. Retrieved 29 May 2014.
10. ^ Kiirya, Donald (21 March 2009). "Central Bank commends PostBank". New Vision. Archived from the original on 31 May 2014. Retrieved 29 May 2014.
11. ^ Mafaranga, Hope (25 October 2009). "Uganda: Post Bank Goes to Kamwenge". New Vision via AllAfrica.com. Retrieved 29 May 2014.
12. ^ Baraire, Patson (7 November 2010). "Uganda: Kanungu Gets Its Second Commercial Bank". New Vision via AllAfrica.com. Retrieved 29 May 2014.
13. ^ Faridah Kulabako (18 February 2011). "Banks Intensify Branch Growth to Raise Customer Base". Daily Monitor. Kampala, Uganda. Retrieved 29 May 2014.
14. ^ Senyonyi, Taddewo (6 January 2014). "Banking On Wheels: Banks Innovatively Reaching Out to The Unbanked In Remote Areas". The CEO Magazine (Kampala). Retrieved 5 June 2014.
15. ^ Ghosh, Ishita (28 September 2010). "The Ugandan Millionaire". Theworkzine.com. Retrieved 29 May 2014.

## External links

[edit]

* Official Website

* v
* t
* e

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
* Salaam Bank Uganda
* Stanbic Bank Uganda Limited
* Standard Chartered Uganda
* Tropical Bank
* United Bank for Africa
* East African Development Bank
* Uganda Development Bank
* Pride Microfinance Limited
* FINCA Uganda Limited
* UGAFODE Microfinance Limited
* Exodus Sacco
* Yako Bank Uganda Limited
* Letshego Microfinance Uganda

Industry|

* Aya Group
* 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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