Equity Bank Limited – Uganda (EBLU) started in July 2008 when Equity Bank Kenya successfully acquired a 100% stake in Uganda Microfinance Limited (UML).Equity Bank Limited –Uganda therefore entered the market with a footprint of 30 branches and 16 contact offices spread over 29 districts in Uganda. The entry to Uganda marked the first stride in Equity Bank’s regional expansion strategy.
Today, Equity Bank Limited – Uganda is one of the fastest growing banks in Uganda, with the fourth largest network of 31 branches and 32 ATMs located in all regions of the country. The bank has also deployed a number of Alternate Business Channels to enhance its product and service delivery. These include: Internet Banking, Eazzy 247 a Mobile banking service, Point of Sales (POS) machines as well as partnerships with major telecom companies.
