Equity Bank Uganda Limited: Difference between revisions

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| image_caption = '''Equity Bank Uganda headquarters at The Church House, Kampala Road, Kampala, Uganda'''
| foundation = {{Start date and age|2008}}
| location = [[Janani Luwum Church House]]<br/>34 Kampala Road, [[Kampala]], [[Uganda]]<ref name="Head">{{cite web| access-date=30 July 2018 |date=14 June 2018 |authornewspaper=[[New Vision Reporter]] |
url=https://www.newvision.co.ug/new_vision/news/1479703/church-house-handed-ntagali |title=Church House handed over to Ntagali |newspaper
author=[[New Vision]] |location=Kampala, Uganda}}</ref>
| key_people = '''Mark Ocitti''' -: [[Chairman]]<br/>'''[[Anthony Kituuka]]''' -: [[Managing Director]]<ref>{{cite web| url=https://nilepost.co.ug/2022/11/21/anthony-kituuka-appointed-new-equity-bank-ugandas-md/ |title=Anthony Kituuka appointed new Equity Bank Uganda's MD |work=Nile Post Uganda |date=21 November 2022 |author=Kenneth Kazibwe | access-date=1 December 2022 |location=Kampala, Uganda}}</ref>
| num_employees = 600+ (2018)
| assets = UGX:23.9748 trillion (US$7451.014 millionbillion) (20212023)<ref name="Data23R"/>
| revenue = {{profitloss}}Beforetax: UGX:11818.28 billion (US$305.708 million) (20212023)<ref name="Data23R"/>
| industry = [[Financial services]]
| products = Loans, [[cheque|checking]], savings, [[investments]]
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}}
 
'''Equity Bank Uganda Limited''' ('''EBUL'''), is a [[commercial bank]] in [[Uganda]]. It is licensed by the [[Bank of Uganda]], the [[central bank]] and national banking regulator.<ref>{{cite web | publisher=[[Bank of Uganda]] (BOU) | url=https://www.bou.or.ug/bou/bou-downloads/financial_institutions/2013/Information-for-Commercial-Banks-2015.pdf | title=List of Licensed Commercial Banks As At June 2015 | format=PDF | last=BOU | date=June 2015 | access-date=18 December 2015 | location=Kampala | archive-url=https://web.archive.org/web/20151222124328/https://www.bou.or.ug/bou/bou-downloads/financial_institutions/2013/Information-for-Commercial-Banks-2015.pdf | archive-date=22 December 2015 | url-status=dead }}</ref> EBUL is a subsidiary of [[Equity Group Holdings Limited]], a financial service [[conglomerate (company)|conglomerate]] with headquarters in Kenya and subsidiaries in six countries of the [[African Great Lakes|African Great Lakes Region]].<ref>{{cite web| work=[[Business Daily Africa]] |url=http://www.businessdailyafrica.com/Equity-Bank-plans-Sh200-billion-ten-country-expansion-/539552-2672024-2orldo/index.html | title=Equity Bank readies Sh200bn for ten country expansion | date=1 April 2015 | access-date=9 November 2016 | newspaper=[[Business Daily Africa]] | firstauthor=George | last=Ngigi | location=Nairobi, Kenya}}</ref>
 
==Location==
The bank maintains its headquarters and main branch in [[Janani Luwum Church House]], at 34 Kampala Road, in the [[central business district]] of [[Kampala]], Uganda's [[capital city|capital]] and largest city.<ref>{{cite web|access-date=14 September 2018 |title=Church House Handed Over To Ntagali | url=https://www.newvision.co.ug/new_vision/news/1479703/church-house-handed-ntagali | date=14 June 2018 |newspaperwork=[[New Vision]] | author=New Vision Reporter |location=Kampala, Uganda}}</ref> The geographical coordinates of the bank's headquarters are.<ref>{{google maps| access-date=14 September 2018 | title=Location of the Headquarters of Equity Bank Uganda Limited | url=https://www.google.com/maps/place/0%C2%B018'49.0%22N+32%C2%B034'46.0%22E/@0.3132861,32.5787543,115m/data=!3m1!1e3!4m5!3m4!1s0x0:0x0!8m2!3d0.3136111!4d32.5794444}}</ref>
 
==Overview==
The bank provides banking services to individuals and to small and medium business enterprises. As of 31 December 20192023, the bank's total assets were valued at UGX:13.63748 trillion ($4641.84014 millionbillion).<ref name="Data1RData23R">{{cite web| work=Corporate Finance Institute |title=Overview of Banks in Uganda: The Top Banks in Uganda Include: Equity Bank |author=Corporate Finance Institute | url=https://corporatefinanceinstitutewww.com/resources/careers/companiesceo.co.ug/steadfast-and-resilient-equity-bank-uganda-consolidates-position-among-top-5-banks-despite-a-one-time-provisioning-related-loss-in-uganda2023/ |date title=8Steadfast SeptemberAnd 2021Resilient: |access-date=8Equity SeptemberBank 2021Uganda |location=VancouverConsolidates BC,Position Canada}}</ref>Among ByTop 30Five JuneBank 2020,Despite theA bank'sOne totalTime assetsProvisioning hadRelated grownLoss toIn UGX1.8232023 trillion|work=CEO ($520Magazine million).<refUganda name|date="Data2R">{{cite1 May 2024 | author=Muhereza Kyamutetera |access-date=8 August 2024 web|
location=Kampala, Uganda}}</ref>
 
By 30 June 2020, the bank's total assets had grown to UGX1.823 trillion ($520 million).<ref name="Data2R">{{cite web|
url=https://www.monitor.co.ug/uganda/business/finance/equity-registers-increase-in-deposits-amid-covid-19-3214028 | title=Equity registers increase in deposits amid Covid-19 |
work=[[Daily Monitor]] |date=30 November 2020 |author=Martin Luther Oketch |access-date=8 September 2021 |location=Kampala, Uganda}}</ref> In December 2020, EBUL's total assets were valued at USh:2.069 trillion (US$590 million). At that time, it was the 7th largest commercial bank in Uganda by assets.<ref name="Data3R">{{cite web|work=Businessfocus.co.ug |
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{| class="wikitable"
|+ Equity Uganda Branch Network In 2021
|-
! No !! Location !! Number
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| || '''Total''' || '''43'''
|}
 
With the opening of the bank branch in the town of [[Ntungamo]] in April 2023, the bank has 50 brick-and-mortar branches in the country, as of that date.<ref>{{cite web| work=Nile Post Uganda | url=https://nilepost.co.ug/2023/04/13/equity-bank-launches-equi-mama-for-women-in-business-as-bank-opens-50th-branch/ | title=Equity Bank launches Equi-Mama for women in business as bank opens 50th branch |author=Amon Katungulu |date=13 April 2023 | access-date=13 April 2023 |location=Kampala, Uganda}}</ref>
 
==See also==