Opportunity Bank Uganda Limited

Opportunity Bank Uganda Limited is a financial institution that has been making waves in the banking industry of Uganda since its inception in 1995. The bank’s headquarters are located at Opportunity House, which is situated in Kamwokya, a business and residential neighborhood in the heart of Kampala, the capital city of Uganda.Licensed by the Bank of Uganda, the central bank and national banking regulator, Opportunity Bank Uganda Limited is a Tier I Financial Institution that specializes in providing commercial banking services to its customers. With total assets worth USh132 billion (US$36.3 million) as of September 2019, the bank has proven to be a reliable partner to many businesses and individuals in Uganda.Opportunity Bank Uganda Limited was originally known as Faulu Uganda Limited, a microfinance institution licensed in 1995. Faulu Uganda Limited was affiliated with Opportunity International, an organization that specializes in lending to the poorest of the working poor. In 2006, Opportunity Transformation Investments and Opportunity International Australia each purchased a 31.5 percent stake in Faulu Uganda Limited, giving Opportunity International a combined majority stake of 63 percent in the fourth largest microfinance institution in Uganda.In December 2009, Opportunity Bank Uganda Limited became the outright owner of Faulu Uganda Limited after acquiring the remaining shares of the company. The financial institution was then renamed to Opportunity Uganda Limited. In November 2011, the institution was rebranded to “Opportunity Bank Uganda Limited”.The bank’s commitment to providing accessible banking services to its customers has earned it a reputation as one of the most reliable and trustworthy financial institutions in Uganda. With a focus on customer satisfaction and excellent service delivery, Opportunity Bank Uganda Limited has positioned itself as a leader in the banking industry of Uganda.In conclusion, Opportunity Bank Uganda Limited is a top-tier commercial bank that has been making significant strides in the banking industry of Uganda since its inception. Its commitment to providing reliable and accessible banking services to its customers has earned it a reputation as a leader in the banking industry.