Awards for Excellence 2008: Uganda
Best bank: Crane Bank
Crane Bank, headquartered in Kampala, has branches in Iganga, Jinga, Mbale, Lira and Gulu. It is a privately held bank so figures and research are hard to come, but what is clear is that its customers are generally satisfied. The bank claims to be the second largest in Uganda in terms of assets, second for return on equity, and third in profitability. It is a universal bank, offering retail as well as trade finance and investment banking. Crane Bank is another in the region that equity investors will be hoping will be encouraged to launch an IPO soon.