Uganda Development Bank logo — Inspiring Development.

Uganda Development Bank

Inspiring Development.

Founded 1972 184 employees Debt Financing Total: $20.00M Financial Services, Banking

General Information

Company Name Uganda Development Bank
Founded Year 1972
Founders / Decision Makers
Team member Team member
Employees 184
Industries Financial Services, Banking
Funding Stage Debt Financing
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About Uganda Development Bank

Uganda Development Bank is the first national development finance institution (DFI) in Uganda, established under Decree No. 23 of 1972. The bank's vision is to be the preferred and trusted development finance services provider for socio-economic development, with a mission to accelerate socio-economic development through sustainable financial interventions. Their core values include integrity, commitment, and excellence, all in alignment with the Government of Uganda's development priorities. The Uganda Development Bank focuses on the Financial Services and Banking industries. Their last investment of $20.00M in Debt Financing came from the African Development Bank on 24 July 2018.

Taxonomy: Development Finance Institution, Public Enterprise, Uganda, Government-owned, Financial Solutions, Economic Development, Uganda Development Bank Limited, DFI, Investment, Strategic Finance, Ugandan Economy

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• 1 •••• •••• 24 Jul 2018

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FAQ About Uganda Development Bank

Inspiring Development.
Uganda Development Bank was founded in 1972.
Uganda Development Bank operates in the following industries: Financial Services, Banking.
Uganda Development Bank has approximately 184 employees.
Uganda Development Bank has completed 1 funding round, raising a total of $20.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Uganda Development Bank include EFC Uganda Limited (MDI), Muvule Financing LTD, East African Development Bank, Tonga Development Bank, ECONOMIC SOLUTIONS LIMITED. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Uganda Development Bank and EFC Uganda Limited (MDI) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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