PostBank Uganda

PostBank Uganda, a socially oriented financial institution, aims to empower its customers in a sustainable manner.

About PostBank

The only government bank in Uganda, PostBank was incorporated in 1998. The bank started out offering only basic savings products, but has since grown to offer other services, including credit facilities, money transfers, bill collection and financial literacy programs. PostBank now operates 31 branches, with three mobile banking vehicles that take services to the unbanked in remote areas — an innovation PostBank introduced to Uganda in 2007. The bank also employs point of sale terminals in savings and credit associations throughout the country to increase its service delivery to the rural unbanked, who are mostly women. PostBank is supervised by the Bank of Uganda under the Financial Institutions Act.

The Program

PostBank has over 260,000 clients and is attracting a growing number of women. The bank offers low-cost pricing for its products and has introduced mentoring programs for its women customers. PostBank is the bank of choice for the Bulambuli Women Association, a group that has given PostBank more than 300 customers and is rated among the bank’s top 20 best performers.

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POSTBANK
AT A GLANCE

PostBank was
founded in 1998.

The institution operates
31 branches and three
mobile banking units
in Uganda.

The bank has
over 260,000 clients.

PostBank is the bank
of choice for the
Bulambuli Women
Association, and the
group is rated among
the bank’s top
20 best performers.

post_bank_logo

The Opportunity - Uganda

  • 67%

    of Ugandan women over age 15 were employed in 2017, according to the World Bank.
  • 27%

    of women in the country had an account at a formal financial institution in 2017, Findex research showed.
  • 11%

    of women saved at a bank in 2017, but 65% of all women in the country saved money somewhere in 2017, Findex found.
  • 13%

    of Ugandan women borrowed money from a formal financial institution in 2017, according to Findex, yet 64% of the country's women took out a loan that year.