Exim Bank (Uganda)
Exim Bank , commonly known as Exim Bank, is a commercial bank in Uganda. It is one of the commercial banks licensed by the Bank of Uganda, the central bank and national banking regulator. EBU is a subsidiary of Exim Bank Tanzania, which also has subsidiaries in Tanzania, Comoros, and Djibouti.
Overview
This bank provides services to both individuals and corporate clients. As of March 2016, the bank's total assets were valued at approximately US$100 million, with about 180+ members of staff. EBU is a subsidiary of Exim Bank, a large Tanzanian financial services company with subsidiaries in Tanzania, Comoros, Djibouti, and Uganda.History
Exim Bank Uganda was established in 2011 as Imperial Bank Uganda by two major investors, Mukwano Group, a diversified Ugandan business and manufacturing conglomerate, and Imperial Bank Kenya, a medium-sized financial services provider, based in Nairobi, Kenya.On 13 October 2015, following the death of the Imperial Bank Group's managing director, the Central Bank of Kenya placed Imperial Bank Kenya under statutory management due to "unsafe and unsound business conditions to transact business" at the parent company. BOU took over Imperial Bank Uganda the same day. BOU promptly put the Imperial Bank Group's shareholding on sale. On 7 March 2016, Exim Bank acquired the ownership interest that Imperial Bank Kenya formerly had in this bank and re-branded it to Exim Bank.
Ownership
The stock of the bank is privately held. The detailed shareholding in Exim Bank as of March 2016 is depicted in the table below:| Rank | Name of Owner | Percentage Ownership |
| 1 | Exim Bank of Tanzania | 58.6 |
| 2 | Amazal Holdings Limited of Uganda | 36.5 |
| 3 | Export Finance Limited of Uganda | 4.9 |
| Total | 100.00 |
Branch network
As of August 2018, the locations of the bank's branches included the following:- Main Branch - 6 Hannington Road, Kampala
- Kyaggwe Branch - Mukwano Shopping Mall, 23-31 Rashid Khamis Road, Kampala
- Kikuubo Branch - 24 Kikuubo Lane, Kampala
- Acacia Mall Branch - Acacia Shopping Mall, Acacia Avenue, Kololo, Kampala
Governance
| Type | Private |
| Industry | Financial Services |
| Founded | 2011 |
| Headquarters | 6 Hannington Road Kampala, Uganda |
| Key people | - Chairperson Sabhapathy T. Krishnan - CEO |
| Products | , , , , , , , and others. |
| Revenue | Aftertax:US$764,100 |
| Total assets | US$100 million |
| Number of employees | 100+ |
| Parent | Exim Bank |
| Website | Homepage |