Financial institutions in Uganda

The Ugandan financial sector is relatively well developed with growth rate of 11.8% in 2102 and the sector consists of a range of formal, semi formal and informal institutions and currently the sector is improving due to the number of different regional and global financial institutions that have come to Uganda.

Uganda has currently 9 foreign based and 11 indigenous commercial banks, 25 insurance companies, 1 re-insurance company, 7 credit institutions, 5 other non-banking finance institutions and 72 forex  bureau which are all governed by Bank of Uganda

The financial institutions in Uganda have been organized as follows

Bank of Uganda (BoU)

Commercial Banks

Insurance Companies

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