Ecobank launched

Feb 24, 2009

ECOBANK, a pan-African bank, has launched its operations in Uganda by opening six branches in Kampala. The governor Bank of Uganda, Tumusiime Mutebile, launched the bank’s operations at its headquarters on Parliamentary Avenue in Kampala, last week.

By Nicholas Kajoba
and James Odomel


ECOBANK, a pan-African bank, has launched its operations in Uganda by opening six branches in Kampala. The governor Bank of Uganda, Tumusiime Mutebile, launched the bank’s operations at its headquarters on Parliamentary Avenue in Kampala, last week.

He assured the public that the bank had a strong financial base. “We are pleased to have opened.

“We welcome the opportunity to extend our range of banking services to Ugandans,” Dele Alabi, the managing director, said.

David Twahirwa, the chairman board of directors, hailed the government for creating a good investment environment.

“Ecobank’s strategy is to extend services to all the segments of the community,” Twahirwa said. The bank has 6,000 branches in 23 countries.

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