Company type | Subsidiary of Citigroup |
---|---|
Industry | Financial services |
Founded | January 1, 1999 |
Headquarters | Nakasero, Kampala, Uganda |
Key people | Sarah Arapta: CEO [1] |
Products | Loans, transaction accounts, savings, investments, debit cards |
Total assets | UGX:990 billion (US$262 million) (2019)
[2] UGX:913 billion (US$242 million) (2018) [2] |
Number of employees | 40+ (2010) |
Parent | Citigroup |
Website | Homepage |
Citibank Uganda, is a commercial bank in Uganda operating as a wholly owned subsidiary of New York–based Citigroup. It is one of the regulated banking institutions licensed by the Bank of Uganda, the national banking regulator. [3]
The bank is a medium-sized international bank that focuses on meeting the banking needs of large corporate customers as well as of those individuals with high net worth. [4] As of December 2019 [update], the bank's total asset valuation was approximately USh990 (US$262 million). [2] As of 31 December 2015, shareholders' equity was about USh:155 billion (US$63.5 million). [5]
The bank is an active participant in the promotion of financial literacy in Uganda, especially in the country's schools. [6] [7] [8]