Cairo Bank Uganda
Company type | Private, Subsidiary of Banque du Caire |
---|---|
Industry | Financial services |
Founded | 1995; 29 years ago (1995) |
Headquarters | Plot no. 16, Mackinnon Road - Nakasero, Kampala, Uganda |
Key people | Sylvia Jagwe Owachi Executive Director Immaculate Irumba Chief Operating Officer |
Products | Personal banking: checking, savings, kids and teens, investments, loans, debit cards Business banking: checking, savings, investments, loans |
Number of employees | 146 (2020) |
Website | cbu |
Cairo Bank Uganda Limited (CBUL), formerly known as Cairo International Bank (CIB), is a commercial bank in Uganda.[1] It is licensed by the Bank of Uganda, the central bank and national banking regulator.[2] It is a subsidiary of Egypt-based banking group, Banque du Caire Group.[1]
Headquarters location
Cairo Bank Uganda has its headquarters at Lotis Towers, at Plot 16 Mackinnon Road, Nakasero Hill, in the central business district of Kampala, Uganda's capital city.[3] The geographical coordinates of the bank's headquarters are: 0°19'17.0"N, 32°35'05.0"E (Latitude:0.321389; Longitude:32.584722).[4]
Overview
CBUL focuses on serving small and medium businesses (SMEs), educational institutions, non-governmental organizations and corporate entities. In 2020, the bank re-branded and turned its focus on meeting the banking needs of SMEs. Cairo Bank Uganda Limited is a fully owned subsidiary by Banque du Caire (BDC), an Egypt-based financial services conglomerate with total assets in excess of US$12 billion, as of September 2020.[1][5]
As of December 2019 the total assets of Cairo Bank Uganda were valued at USh189 billion (US$51.4 million) with shareholders' equity of USh52.3 billion (US$14.2 million).[1]
History
Incorporated as Cairo International Bank in 1995, the bank began operations in the same year following the issuance of a commercial banking license by the Bank of Uganda. In 2020, Banque du Caire, which owned 62.4 percent of the shares of stock of the Ugandan subsidiary, acquired the 24 percent shareholding owned by Bank Misr and the 13.6 percent owned by Bank of Egypt, to become the sole owner of 100 percent of the tock of the Ugandan bank.[6]
Management board
Cairo Bank Uganda (CBU) is governed by an eight-person board of directors. Sylvia Jagwe Owachi is the Acting Managing Director. She replaced Ahmad Maher Nada, the previous CEO, who left CBU and take up an assignment at Banque du Caire in Egypt, effective January 2022. He served as MD/CEO at CBU for three and one half years.[1][5][7]
Branch network
CBU has the following branches, as of September 2020:[8]
1. Main Branch : Lotis Towers, Plot 16 - Mackinnon Road, Nakasero, Kampala.
2. Kampala Road Branch: Greenland Towers, Plot 30 Kampala Road, Kampala.
3. Kikuubo Branch: Shamba Complex, Kyagwe Road, Kampala.
4. Garden City Branch: Garden City Shopping Mall, Yusuf Lule Road, Kampala.
5. Bugoloobi Branch: Plot 1-5 Spring Close, Bugoloobi, Kampala.
6. Bweyogerere Branch: Bweyogerere, Kira Town.
7. Mbarara Branch: Rwebikona Building, Mbarara – Fort Portal Road, Mbarara.
Rebranding
In September 2020, Cairo International Bank Limited changed its name to Cairo Bank Uganda Limited, relocated to new headquarter premises and changed focus to SME customers.[1][5][9]
See also
References
- ^ a b c d e f Daily Monitor (2 September 2020). "Cairo Bank Changes Name, Shifts Focus". Daily Monitor. Kampala. Retrieved 10 January 2021.
- ^ Bank of Uganda (30 June 2020). "List of Licensed Commercial Banks As At 30 June 2020" (PDF). Kampala: Bank of Uganda. Retrieved 10 January 2021.
- ^ Cairo Bank Uganda (September 2020). "Contact Us: Head Office Location". Kampala: Cairo Bank Uganda. Retrieved 10 January 2020.
- ^ Google (10 January 2021). "Location of Headquarters and Main Branch of Cairo Bank Uganda, Kampala, Uganda" (Map). Google Maps. Google. Retrieved 10 January 2021.
- ^ a b c Taddewo William Senyonyi (1 September 2020). "Cairo International Bank Rebrands To Cairo Bank Uganda, Promises Customers 'New Innovative Products'". Kampala: Business Focus Uganda. Retrieved 10 January 2021.
- ^ Cairo Bank Uganda (1 September 2020). "About CBU: Our History". Kampala: Cairo Bank Uganda Limited. Retrieved 10 January 2021.
- ^ Javira Ssebwami (17 December 2021). "Cairo Bank Uganda bids emotional farewell to MD Ahmed Maher". PML Daily. Kampala, Uganda. Retrieved 17 December 2021.
- ^ Cairo Bank Uganda (1 September 2020). "Branches of Cairo Bank Uganda". Kampala: Cairo Bank Uganda Limited. Retrieved 10 January 2021.
- ^ Nicholas Kajoba (September 2020). "Cairo International Bank Rebrands". New Vision. Kampala, Uganda. Retrieved 13 May 2022.
External links
- Cairo Bank Uganda Website
- Bank of Uganda Website
- Revealed: How Pension Billions Left Cairo Bank
- v
- t
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landmarks
- Afrexim Bank House, Kampala
- Bulange
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- Uganda Parliament Buildings
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- DFCU House
- Kampala Protea Hotel
- Kampala Hilton Garden Inn
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- Imperial Hotels Group
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- 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
- 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
- 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
- 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
- Apolo Nsibambi
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- Wasswa Serwanga
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- Moses Matovu
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- Hasmukh Dawda