Guaranty Trust Bank (Uganda)

Guaranty Trust Bank (Uganda)
Company typeSubsidiary of Guaranty Trust Holding Company
IndustryFinancial services
Founded2008 (2008)
HeadquartersPlot 56 Kira Road, Kampala, Uganda
Key people
Jaqueline Busingye
Chairperson[1]
Oluwole Shodiyan
MD/CEO[1]
ProductsLoans, savings, investments, debit cards, credit cards
RevenueIncreaseAftertax: UGX1 billion (US$259,000) (2019)
Total assetsUGX:225 billion (approx. US$58.22million) (2019)
ParentGuaranty Trust Bank
Websitegtbank.co.ug/home/

Guaranty Trust Bank (Uganda), commonly referred to as GT Bank Uganda, is a Tier II credit services company in Uganda. It was previously licensed as commercial bank by Bank of Uganda, the central bank and the national banking regulator of that country.[2] The Bank of Uganda gave GTBank Uganda from 1 April 2024 until 30 June 2024 to transition from a Tier I commercial bank to a Tier II credit company, due to capitalization issues.[3]

  1. ^ a b GT Bank Uganda (2 April 2024). "The Board of Directors of GT Bank Uganda". GT Bank Uganda. Kampala, Uganda. Retrieved 2 April 2024.
  2. ^ Bank of Uganda (31 March 2023). "List of Licensed Commercial Banks As At March 2023" (PDF). Bank of Uganda. Kampala, Uganda. Archived from the original on 20 February 2024. Retrieved 2 April 2024.
  3. ^ Adonijah Ndege (27 March 2024). "GTBank loses commercial bank status after Bank of Uganda reclassification". TechCabal. Lagos, Nigeria. Retrieved 2 April 2024.