About BRAC Uganda Bank Limited
BRAC Uganda Bank Limited (BUBL), is a credit institution (′Tier II Financial Institution′) in Uganda. In April 2019, the institution received a Tier II Financial Institution Licence, which authorized it to operate as a bank, supervised by the Bank of Uganda, the national banking regulator.
BRAC Uganda Bank Limited maintains headquarters at 880 Heritage Road, in the Nsambya neighborhood, in the Makindye Division, of Kampala.
As a credit institution, it is not authorized to offer checking accounts or deal in foreign exchange. The company is authorized to take in customer deposits and to establish savings accounts. It is also authorized make collateralized and non-collateralized loans to savings and non savings customers. The company is a wholly owned subsidiary of BRAC International and is a member of their network.
The institution was established in Uganda in 2006, as BRAC Microfinance Limited.
[Compliances and Memberships/Affiliations]