Company type | Subsidiary |
---|---|
Industry | Financial services |
Founded | 2008 |
Headquarters | Plot 56 Kira Road, Kampala, Uganda |
Key people |
|
Products | Loans, savings, checking, investments, debit cards, credit cards |
Total assets | US$30.63 million (2015) |
Parent | Guaranty Trust Bank |
Website | gtbank |
Guaranty Trust Bank (Uganda), commonly referred to as GT Bank (Uganda), is a commercial bank in Uganda. It is one of the commercial banks licensed by Bank of Uganda, the central bank of that country and the national banking regulator.[2]
GT Bank (Uganda) is a retail financial services institution that provides commercial banking services to individuals and small to medium-sized corporate clients. As of December 2011[update], the asset valuation of the bank was estimated to be US$30.63 million (USh 104.9 billion), with shareholders' equity of US$11 million (USh 39.7 billion)[3] GT Bank (Uganda) is a subsidiary of Guaranty Trust Bank (GTB), a Nigerian financial services conglomerate with assets in excess of ₦2,525 billion as of 31 December 2015[update].[4]
GT Bank (Uganda) was founded in 2008 as Fina Bank (Uganda), a subsidiary of the Fina Bank Group based in Kenya.
In 2013, the Group sold 70 percent shareholding to GTB for a cash consideration of US$100 million.[5][6] In January 2014, the bank rebranded to its current name to reflect its current shareholding.[6][7]
As of November 2016[update], GT Bank Uganda has a network of branches at the following locations:[8] (1) Main Branch: 56 Kira Road, Kamwookya, Kampala
(2) Buganda Road Branch: 7 Buganda Road, Kampala
(3) Nakivubo Road Branch: 34-38 Nakivubo Road, Kampala
(4) Industrial Area Branch: 13 Mulwana Road, Kampala[9]
(5) Mbarara Branch: 52-54 High Street, Mbarara
(6) Kyaliwajjala Branch: 31 Namugongo Road, Kyaliwajjala, Kira Municipality
(7) Colville Street Branch: 5-6 Colville Street, Kampala
(8) Makerere Branch: Makerere.