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Trading

List of Commercial Banks in Uganda

Published by Gbaf News

Posted on April 19, 2013

1 min read

· Last updated: May 8, 2020

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Leading Commercial Banks in Uganda

United Bank for Africa (Uganda) Limited

Tropical Bank Limited

Standard Chartered Bank

Stanbic Bank

Additional Licensed Banks in Uganda

Orient Bank
NC Bank Uganda Limited
KCB Bank Uganda Limited
Imperial Bank
Housing Finance Bank
Global Trust Bank
Fina Bank
Equity Bank
Ecobank
Diamond Trust Bank
DFCU Bank
Crane Bank
Centenary Rural Development Bank
Citibank
Cairo International Bank
Bank of India
Barclays Bank of Uganda
Bank of Africa- Uganda Limited
ABC Capital Bank Limited

Key Takeaways

  • Uganda hosts a diverse mix of international, regional, and local commercial banks.
  • The sector is regulated by the Bank of Uganda, which licenses and supervises commercial banks.
  • Recent data (as of October 30, 2025) lists over 20 licensed commercial banks including Absa, Stanbic, and NCBA.
  • There are frequent updates as institutions evolve—for example, Pearl Bank was elevated from a credit institution to a bank in late 2021–2025.

References

Frequently Asked Questions

Who regulates commercial banks in Uganda?
Commercial banks in Uganda are regulated and supervised by the Bank of Uganda, the country’s central bank.
How many commercial banks operate in Uganda?
As of 30 October 2025, there are over 20 licensed commercial banks operating in Uganda including both international and local players.
Has there been any recent change in bank classifications?
Yes, for instance, Pearl Bank Uganda was upgraded from a credit institution to a full commercial bank between 2021 and 2025.

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