Mon . 19 Mar 2019

PostBank Uganda

postbank uganda limited, postbank uganda job advert
PostBank Uganda is a non-bank credit institution in Uganda Its activities are supervised by the Bank of Uganda, the country's central bank and national banking regulator


  • 1 Overview
  • 2 History
  • 3 Ownership
  • 4 Branch network
    • 41 Fixed branches
    • 42 Mobile branches
  • 5 Governance
  • 6 See also
  • 7 References
  • 8 External links


As of December 2012, PostBank Uganda was a small, but growing credit institution whose assets were estimated at US$54 million UGX:1357 billion


PostBank Uganda has been in existence since 1926 It started out as a department in the Post Office In February 1998 PostBank Uganda Limited was incorporated in accordance with the Communications Act of 1997 to take over the operations of the former Post Office Savings department

PostBank Uganda was incorporated under the Companies Act in February 1998 as a limited liability company The bank's operations are supervised by the Bank of Uganda under the Financial Institutions Act It is classified as a Tier II Institution Non-Bank Credit Institution, by the Bank of Uganda

PostBank Uganda subscribes to the Depositors Insurance Scheme at Bank of Uganda If PostBank Uganda fails, the bank's depositors are insured up to Sh 3 million approximately US$1,60000 in 2009, per eligible account In 2009, PostBank Uganda applied to the Bank of Uganda to become a fully licensed commercial bank

In February 2016, Ugandan media sources reported hat the government was planning to merge Postabank Uganda with Pride Microfinance Limited, to form an agricultural bank


PostBank Uganda is wholly owned by the Government of Uganda

Branch network

As of May 2014, PostBank Uganda maintained a branch network of 32 fixed branches and 17 mobile banking units, totaling 49 branches

Fixed branches

  1. Arua Branch - Arua
  2. Bombo Branch - Bombo
  3. Bugoloobi Branch - Bugoloobi, Kampala
  4. City Branch - Nkrumah Road, Kampala Head Office
  5. Entebbe Branch - Entebbe
  6. Fort Portal Branch - Fort Portal
  7. Gulu Branch - Gulu
  8. Hoima Branch - Hoima
  9. Iganga Branch - Iganga
  10. Jinja Branch - Jinja
  11. Kabale Branch - Kabale
  12. Kakiri Branch - Kakiri
  13. Kampala Road Branch - Kampala Road, Kampala
  14. Kamwenge Branch - Kamwenge
  15. Kanungu Branch - Kanungu
  16. Kasese Branch - Kasese
  17. Kayunga Branch - Kayunga
  18. Kitgum Branch - Kitgum
  19. Lacor Branch - Lacor Hospital, Gulu
  20. Lira Branch - Lira
  21. Masaka Branch - Masaka
  22. Mbale Branch - Mbale
  23. Mbarara Branch - Mbarara
  24. Mubende Branch - Mubende
  25. Nakasongola Branch - Nakasongola
  26. Ndeeba Branch - Ndeeba, Kampala
  27. Nkrumah Road Branch - Nkrumah Road, Kampala
  28. Ntungamo Branch - Ntungamo
  29. Soroti Branch - Soroti
  30. Wandegeya Branch - Wandegeya, Kampala
  31. William Street Branch - William Street Kampala
  32. Koome Island Branch - Koome Island

Mobile branches

The mobile branches are located in the following towns and districts:

  1. Budaka - Budaka District
  2. Bududa - Bududa District
  3. Bukedea - Bukedea District
  4. Butaleja - Butaleja District
  5. Fort Portal - Kabarole District
  6. Kamwenge - Kamwenge District
  7. Kapchorwa - Kapchorwa District
  8. Kibaale - Kibaale District
  9. Kyegegwa - Kyegegwa District
  10. Kyenjojo - Kyenjojo District
  11. Manafwa - Manafwa District
  12. Pallisa - Pallisa District
  13. Sironko - Sironko District
  14. Tororo - Tororo District


The activities of PostBank Uganda are directed by the its board of directors As of May 2014, the chairman of the board was Obella Oode The managing director and chief executive officer was Stephen Mukweli The current board was installed in 2012 for a five-year term The day-to-day activities of the bank are supervised by a team of ten bank managers, headed by the managing director

See also

  • Banking in Uganda
  • List of banks in Uganda


  1. ^ Mugalu, Moses 3 June 2014 "Uganda: Postbank Launches Sh800 Million Loan Scheme for Farmers" The Observer Uganda Retrieved 5 June 2014 
  2. ^ a b BOU, "List of Licensed Credit Institutions In Uganda As At March 2013" PDF Bank of Uganda BOU Retrieved 21 June 2015 
  3. ^ By, Editors 21 May 2013 "Mixed Fortunes for Banks In 2012" Summit Business Review Uganda Retrieved 29 May 2014 
  4. ^ Maseruka, Josephine 30 March 2009 "PostBank Launches Land Loan" New Vision Kampala Retrieved 29 May 2014 
  5. ^ NZU 27 February 2016 "Government to merge Post Bank and Pride Microfinance to form an agricultural Bank" Kampala: Newzug NZU Retrieved 3 April 2016 
  6. ^ "List of PostBank Branches" PostBank Uganda Retrieved 29 May 2014 
  7. ^ Kiirya, Donald 21 March 2009 "Central Bank commends PostBank" New Vision Retrieved 29 May 2014 
  8. ^ Mafaranga, Hope 25 October 2009 "Uganda: Post Bank Goes to Kamwenge" New Vision via AllAfricacom Retrieved 29 May 2014 
  9. ^ Baraire, Patson 7 November 2010 "Uganda: Kanungu Gets Its Second Commercial Bank" New Vision via AllAfricacom Retrieved 29 May 2014 
  10. ^ Kulabako, Faridah 18 February 2011 "Banks Intensify Branch Growth to Raise Customer Base" Daily Monitor Retrieved 29 May 2014 
  11. ^ Senyonyi, Taddewo 6 January 2014 "Banking On Wheels: Banks Innovatively Reaching Out to The Unbanked In Remote Areas" The CEO Magazine Kampala Retrieved 5 June 2014 
  12. ^ Ghosh, Ishita 28 September 2010 "The Ugandan Millionaire" Theworkzinecom Retrieved 29 May 2014 
  13. ^ Jaramogi, Patrick 4 April 2012 "Post Bank Gets New Board" New Vision Retrieved 29 May 2014 

External links

  • Official Website

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PostBank Uganda

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