Manz Denga, the managing director, said the bank would increase its footprint across the country to bring the unbanked population into the financial sector.
â€œOur ambition is to close the year with 10 branches after which, we shall open a minimum of 15 branches, every succeeding year,â€ Denga said in a statement.
The bank also has two branches in Kampala. Additional branches would be opened in Kansanga and Ndeeba in a monthâ€™s time, the statement disclosed.
United Bank of Africa starts operations