BANK OF AFRICA – UGANDA

Bank of Africa (Uganda) Limited is a medium-sized financial services provider that offers commercial banking services to multinational corporations, mid-sized local enterprises, and small retail businesses. With total assets of UGX 803.07 billion and shareholders’ equity of UGX 123.54 billion as of December 2019, BOA Uganda is committed to providing innovative and reliable banking solutions to meet the diverse needs of its customers.As a member of the Bank of Africa Group, a multinational and pan-African bank headquartered in Mali with a presence in thirty-one countries, BOA Uganda has access to a wide range of resources and expertise to provide the best possible service to its customers. With over 1,200 branches and more than 12,500 employees serving over 4.5 million customers, the Bank of Africa Group is a major player in the African banking sector, with a total asset base of over €23.8 billion.BOA Uganda has a rich history, having started operations in 1984 as Sembule Investment Bank (SIB). Following its purchase by Banque Belgolaise and the Netherlands Development Finance Company, the bank was renamed Allied Bank. In 2006, Bank of Africa (Kenya), Aureos East Africa Fund LLC, and Central Holdings (Uganda) Limited purchased Banque Belgolaise’s shares, and the bank was renamed Bank of Africa (Uganda) Limited.At BOA Uganda, the customer is at the center of everything they do, and the bank is committed to providing personalized and innovative solutions to meet the unique needs of each customer. With a team of experienced and dedicated professionals, BOA Uganda is well-equipped to help businesses achieve their financial goals and grow their operations in Uganda and beyond.