ABC Bank (Uganda)
# ABC Bank (Uganda)

ABC Bank (Uganda), whose full name is ABC Capital Bank Uganda Limited, is a commercial bank in Uganda and licensed by the Bank of Uganda, the central bank and national banking regulator.

## Overview

The bank provides banking services to large corporations, small-to-medium-sized businesses (SMEs), as well as individuals. As of December 2020, the bank's total assets were valued at about UGX:62.14 billion, with shareholders' equity of about UGX:28.837 billion.

## History

ABC Capital Bank was founded in 1992 as Capital Finance Corporation Limited (CFCL), a Tier III Ugandan Financial Institution, under the licensure and supervision of the Bank of Uganda. In 1999, CFCL established a wholly owned subsidiary, CFC Forex Bureau. In 2008, CFCL signed a memorandum of understanding with ABC Bank (Kenya), identifying the Kenyan institution as a strategic investor in CFCL in the latter's efforts to transform into a commercial bank. On 26 February 2010, following the acquisition of a commercial banking license from the Bank of Uganda, CFCL rebranded as ABC Capital Bank.

## Ownership

ABC Bank (Kenya) is an investor in ABC Bank (Uganda). As of September 2019, the shareholding in ABC Capital Bank, is summarized in the table below:

ABC Bank (Uganda) Stock Ownership :

| Rank | Name of Owner | Percentage Ownership |
| - | - | - |
| 1 | ABC Bank (Kenya) | 61.95 |
| 2 | Others | 38.05 |
| | Total | 100.0 |

## Branch network

As of December 2020, ABC Bank (Uganda) maintained networked branches at the following locations: (1) Main Branch - Colline House, 4C Pilkington Road, Kampala, (2) Luwum Street Branch - Pioneer Mansion, 11 Luwum Street, Kampala, (3) Kikuubo Branch - Fami Plaza, 21 Nakivubo Road, Kampala.

