Overview & History

Name & Status: Bank of India (Uganda) Limited, a licensed commercial bank in Uganda.

Establishment & Relaunch: Officially commenced operations on 18 June 2012. The bank had an earlier presence in Uganda before 1972 but exited after the expulsion of Asians.

Ownership / Affiliation: BOI Uganda is part of the global Bank of India group, one of India’s major banks with extensive domestic and international operations.

Regulation & Safeguards

Regulator: Licensed and regulated by the Bank of Uganda, the country’s central bank.

Deposit Protection: Customer deposits are insured under Uganda’s Deposit Protection Fund (DPF) up to the prescribed limit.

Leadership & Size

Key Executive: The Managing Director & CEO is Vikash Krishna.

Scale (2018 figures):

Total assets: approximately UGX 204 billion (about US$55 million).

After-tax profit: about UGX 4.1 billion.

Customer deposits and loans: each around UGX 125–127 billion.

Products & Services

BOI Uganda provides a range of financial services, including:

Retail banking: savings accounts, fixed deposits, recurring deposits.

Personal loans and other consumer credit products.

SME loans for small and medium enterprises.

Corporate banking: loans, letters of credit, bank guarantees, bill discounting.

Remittance services for both inward and outward transfers.

Branch Network & Contact

Branches:

Head office at 37 Jinja Road, Kampala.

Another branch at Equatorial Mall, Bombo Road, Kampala.

SWIFT / BIC Code: BKIDUGKAXXX.

Contact Info:

Address: Plot No. 37, P.O. Box 7332, Jinja Road, Kampala, Uganda.

Phone: +256 31 3400 437

Email: boi.uganda@bankofindia.co.in