Cairo Bank Uganda

Cairo Bank Uganda Limited (CBUL), formerly known as Cairo International Bank (CIB), is a commercial bank that has been operating in Uganda since 1995. The bank is licensed by the Bank of Uganda and is a subsidiary of Banque du Caire Group, a financial services conglomerate based in Egypt.CBUL has its headquarters in the central business district of Kampala, Uganda’s capital city. The bank focuses on serving small and medium businesses, educational institutions, non-governmental organizations, and corporate entities. In 2020, the bank re-branded and shifted its focus to meeting the banking needs of SMEs.As of December 2019, CBUL had total assets valued at USh189 billion (US$51.4 million) with shareholders’ equity of USh52.3 billion (US$14.2 million). The bank is fully owned by Banque du Caire, which has total assets in excess of US$12 billion.CBUL is governed by an eight-person board of directors, and Sylvia Jagwe Owachi is the Acting Managing Director. She replaced Ahmad Maher Nada, the previous CEO, who left CBUL to take up an assignment at Banque du Caire in Egypt, effective January 2022.If you’re looking for a bank that specializes in meeting the needs of small and medium-sized businesses in Uganda, Cairo Bank Uganda Limited (CBUL) is an excellent option. With its focus on SMEs, CBUL understands the unique challenges that businesses in this sector face, and it has tailored its services to meet those needs. As a subsidiary of Banque du Caire Group, CBUL also benefits from the expertise and resources of a major financial services conglomerate. With a strong management team and a commitment to meeting the banking needs of its customers, CBUL is a bank that you can trust.