Top Finance Bank Uganda Limited

Top Finance Bank Uganda Limited (TFBUL), is a credit institution (Tier II Financial Institution) in Uganda. It is licensed and supervised by the Bank of Uganda, the central bank and national banking regulator.[1]

Top Finance Bank Uganda Limited
TypePrivate
Founded2012
Headquarters3 Dundas Road,
Kololo, Kampala, Uganda
Key people
Mondo Kagonyera
Chairperson
Christopher Kabagambe
Chief Executive Officer
WebsiteHomepage

Location

The headquarters of TFBUL are located at 3 Dundas Road, in the neighborhood of Kololo, in Kampala, Uganda's capital and largest city.[2] The coordinates of the headquarters of this financial institution are 0°19'22.0"N, 32°35'44.0"E.[3]

Overview

Top Finance Bank Uganda Limited is a Tier II Financial Institution (MFI), licensed by the Bank of Uganda, the central bank and national banking regulator.[1] 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. It a legal entity, distinct and unrelated to the non-licensed outfit known as Top Finance Trust.[4]

History

This credit institution was founded in 2012. It was licensed in September 2014 by the Bank of Uganda.[4]

Ownership

The shares of stock of Top Finance Bank Uganda Limited are privately owned. The detailed ownership of the company is not widely publicly known.[5]

Branch network

The branch network of TFBUL has included the following locations:[1]

  1. Kololo Branch: 3 Dundas Road, Kololo, Kampala. Main Branch
  2. Kikuubo Branch: Kikuubo Lane, Kampala.

Governance and management

The bank is directed by a five-person board of directors, chaired by Professor Mondo Kagonyera.[6] Christopher Birungi Kabagambe, an agricultural economist, banker and businessman, serves as the managing director and chief executive officer. He leads a team of seven senior managers, responsible for the day-to-day management of the institution's affairs.[7]

See also

References

  1. Bank of Uganda (30 September 2016). "Licensed Credit Institutions As At 30 September 2016" (PDF). Kampala: Bank of Uganda. Retrieved 10 March 2018.
  2. TFBUL (10 March 2018). "Location of the Headquarters of Top Finance Bank Uganda Limited". Kampala: Top Finance Bank Uganda Limited (TFBUL). Retrieved 10 March 2018.
  3. Google (10 March 2018). "Location of the Headquarters of Top Finance Bank Uganda Limited" (Map). Google Maps. Google. Retrieved 10 March 2018.
  4. Team S2S (2 September 2016). "Top Finance Trust Illegal". Kampala: Suburb2suburb.com. Retrieved 10 March 2018.
  5. Nabwiiso, Samuel (18 June 2018). "Uganda: Chinese Finance Group Eyes Uganda Trade". East African Business Week via AllAfrica.com. Kampala. Retrieved 10 March 2018.
  6. TFBUL (10 March 2018). "Top Finance Bank Uganda Limited: Board of Directors". Kampala: Top Finance Bank Uganda Limited (TFBUL). Retrieved 10 March 2018.
  7. TFBUL (10 March 2018). "Top Finance Bank Uganda Limited: Board of Directors". Kampala: Top Finance Bank Uganda Limited (TFBUL). Retrieved 10 March 2018.

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