Tropical Bank


Tropical Bank is a commercial bank in Uganda. It is licensed and supervised by the Bank of Uganda, the country's central bank and national banking regulator.

Overview

, Tropical Bank was a small financial services provider in Uganda. The bank's assets at that time were UGX:316 billion.

History

The bank was established in 1973 as the Arab Libyan Bank for Foreign Trade & Development. In 1994, the name was changed to Tropical Africa Bank Limited. In 2006, the bank re-branded to Tropical Bank.

Ownership

99.91 percent of the share capital of Tropical Bank is owned by the Libyan government through the Libyan Foreign Bank. The remaining 0.09 percent is owned by the government of Uganda through the Ministry of Finance & Economic Development.

Governance

Tropical Bank is governed by a six-person board of directors, of whom two are executive directors and four are non-executive. Amb. Moses Kiwe Ssebunya , one of the non-executive directors, is the chairman of the board. Abdulaziz M.A. Mansur is the managing director and Joweria Mukalazi
is the Ag. Executive Director . Three other managers assist him in running the bank.

Branch network

, Tropical Bank had a network of branches in the Central, Western and Eastern regions of Uganda. The bank's plans to open branches in neighboring countries in East Africa have been postponed.
  1. Kampala Road Branch - 27 Kampala Road, Kampala
  2. Nakivubo Branch - 34-38 Nakivubo Road, Kampala
  3. Ntinda Branch - 1 Kimera Road, Ntinda, Kampala
  4. Jinja Branch - 17 Main Street, Jinja
  5. Masaka Branch - 2 Birch Avenue, Masaka
  6. Kansanga Branch - 5277 Ggaba Road, Kansanga, Kampala
  7. Kawempe Branch - 3144 Kampala-Gulu Road, Kawempe, Kampala
  8. Oasis Mall Branch - Yusuf Lule Road, Kampala
  9. Kakira Branch - Downtown Area, Kakira
  10. Katwe Branch - Muganzirwazza Shopping Mall, Muteesa I Road, Katwe, Kampala
  11. Mbale Branch - 37 Republic Road, Mbale
  12. Mukono Branch -15 next to baclaysMukono
  13. Mbarara Branch -2/4 Adit Mall Johnson Street Mbarara
  14. Lugogo Bypass Branch - Lugogo Office Park, 54 Lugogo Bypass, Kampala. Head Office