Equity Bank Uganda Limited (EBUL) is a commercial bank that has been operating in Uganda since 2008. With its headquarters located in Janani Luwum Church House at 34 Kampala Road in the central business district of Kampala, EBUL offers a wide range of banking services to individuals and small to medium-sized businesses.
EBUL is licensed by the Bank of Uganda, which is the central bank and national banking regulator, and is a subsidiary of Equity Group Holdings Limited, a financial service conglomerate with headquarters in Kenya and subsidiaries in six countries of the African Great Lakes Region.
The bank has experienced tremendous growth over the years, with its total assets growing from UGX 1.63 trillion in 2019 to UGX 2.9 trillion as of December 2021. Its customer deposits have also increased from UGX 2.3 trillion to approximately US$597 million, with a loan book of UGX 1.5 trillion, approximately US$389.3 million.
Despite being the fastest-growing commercial bank in the country, EBUL has maintained a consistent market share of 8 percent of national banking deposits, which is a testament to its commitment to providing exceptional banking services to its customers.
EBUL has come a long way since it was established in 2008 when Equity Group Holdings Limited purchased Uganda Microfinance Limited. The bank launched under its new brand on 30 March 2009 and has since grown to become the 6th largest bank in Uganda.
With its commitment to excellence, coupled with its unwavering dedication to providing top-notch banking services to its customers, Equity Bank Uganda Limited is undoubtedly a reliable and trustworthy financial institution that is worth considering for all your banking needs.
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