ABC Bank (Uganda) Company Profile and Information

ABC Bank (Uganda) is a leading commercial bank in Uganda, with a long history dating back to 1998. It was founded by a group of Ugandan entrepreneurs.

The bank has a strong presence in the country, with a network of branches and ATMs across major towns and cities. Its headquarters is located in Kampala, the capital city of Uganda.

ABC Bank (Uganda) offers a wide range of financial services to individuals, businesses, and governments, including deposit accounts, loans, credit cards, and foreign exchange services. Its services are designed to meet the diverse needs of its customers.

The bank has a team of experienced professionals who provide expert advice and support to its customers, helping them to achieve their financial goals.

See what others are reading: Banks and Banking Services

ABC Bank is a leading financial institution in Uganda, with a strong presence in the country's banking sector.

The bank was founded in 1998 and has since grown to become one of the largest banks in Uganda, with a network of branches across the country.

ABC Bank's commitment to innovation and technology has enabled it to provide a wide range of banking services to its customers, including mobile banking and online banking.

The bank's mobile banking service allows customers to conduct transactions and access their accounts from the comfort of their own homes or on-the-go.

ABC Bank has a large customer base, with over 1 million customers across the country.

The bank's focus on customer satisfaction has earned it a reputation as one of the most trusted and reliable banks in Uganda.

ABC Bank's services include corporate banking, retail banking, and investment banking, catering to the diverse needs of its customers.

As of December 2020, ABC Bank (Uganda) had a network of branches across Kampala.

The Main Branch is located at Colline House, 4C Pilkington Road, Kampala.

ABC Bank also has a Luwum Street Branch situated at Pioneer Mansion, 11 Luwum Street, Kampala.

In addition, the Kikuubo Branch is located at Fami Plaza, 21 Nakivubo Road, Kampala, making banking services more accessible to the community.

As of December 2020, ABC Bank (Uganda) maintained a network of branches across Kampala.

The bank's Main Branch is located at Colline House, 4C Pilkington Road, Kampala.

ABC Bank also has a Luwum Street Branch situated at Pioneer Mansion, 11 Luwum Street, Kampala.

Another notable branch is the Kikuubo Branch, which is housed at Fami Plaza, 21 Nakivubo Road, Kampala.

These branches demonstrate the bank's commitment to serving the local community and providing convenient access to banking services.

An org chart is a visual representation of an organization's structure, showing the relationships between different roles and positions. It's a useful tool for understanding how a company is set up and who reports to whom.

At ABC Capital Bank Uganda, the org chart is quite straightforward, with a clear hierarchy. There are C-Level executives at the top, followed by VP-Level 1 managers.

The C-Level executives are at the very top, with no one above them in the org chart. This suggests a strong leadership team that oversees the entire organization.

Below the C-Level executives are VP-Level 1 managers, who likely oversee specific departments or regions. This level of management is crucial for implementing day-to-day operations and making key decisions.

Here's a breakdown of the different levels in the org chart:

Overall, the org chart at ABC Capital Bank Uganda is designed to promote clear lines of communication and decision-making. This should help the bank operate efficiently and effectively.

In Uganda, many people struggle to access basic financial services, but the Agent Banking Company of Uganda (ABC) is working to change that through their shared technology infrastructure.

Their system allows banks to benefit from lower set-up costs. This is a game-changer for banks looking to expand their services in Uganda.

By using ABC's technology, agents can expand their offerings, making it easier for customers to access affordable and convenient banking services. This is a win-win for everyone involved.

In fact, ABC's Shared Agent Banking System aligns well with Goodwell's financial inclusion thesis, making it easier for everyone in the supply chain to provide and use financial services.

Broaden your view: In a Fractional Reserve Banking System Banks Create Money Because

ABC Bank (Uganda) has a parent company, ABC Bank (Kenya), which is an investor in the bank.

ABC Bank (Kenya) has a significant shareholding in ABC Capital Bank, with the details outlined in a table as of September 2019.

The parent company's investment in ABC Capital Bank suggests a level of financial support and oversight that may impact the operations of ABC Bank (Uganda).

See what others are reading: Cooperative Kenya Online Banking

ABC Capital Bank was founded in 1992 as Capital Finance Corporation Limited (CFCL), a Ugandan financial institution.

The bank started small, but it had big plans for the future. It established a wholly owned subsidiary, CFC Forex Bureau, in 1999.

By 2008, CFCL was looking to expand its services and signed a memorandum of understanding with ABC Bank (Kenya), which would become a strategic investor in the bank's efforts to transform into a commercial bank.

This partnership laid the groundwork for CFCL's transformation, which was completed on 26 February 2010 when the bank rebranded as ABC Capital Bank after acquiring a commercial banking license from the Bank of Uganda.

Readers also liked: Commercial Banking vs Consumer Banking

ABC Bank (Kenya) has a significant stake in its Ugandan counterpart, ABC Bank (Uganda). The bank is an investor in ABC Capital Bank, as stated in the ownership section.

As of September 2019, the shareholding in ABC Capital Bank is summarized in a table, but the details of the ownership structure are not specified.

The exact nature of the investment and the extent of ABC Bank (Kenya)'s control over ABC Capital Bank are unclear from the available information.

Abc capital bank uganda has 51 - 200 employees, which is a relatively small to medium-sized company.

This company size suggests that Abc capital bank uganda operates with a streamlined structure, allowing for efficient decision-making and quick response to changes in the market.

Having a smaller workforce can also enable the company to be more agile and adaptable to customer needs, which is essential in today's fast-paced business environment.