Uganda Development Bank Limited (UDBL)
Uganda Development Bank Limited (UDBL) is a public enterprise wholly owned by the Government of Uganda and carrying on business as a Development Finance Institution (DFI).
The bank, a successor company to Uganda Development Bank, was incorporated as a limited liability company under the Public Enterprises Reform and Divestiture Act, Cap.98, Laws of Uganda and it is mandated to finance enterprises in key growth sectors of the economy. The Bank has been in existence since 1972.
UDBL re-positioned itself as a key partner to the Government of Uganda in delivering its National Development Plan (NDP).
In order to deliver this aspiration, the Bank focuses on the key growth sectors of the economy by financing development projects at attractive terms.
The Bank supports Small & Medium Enterprises (SMEs) and large scale development projects in the various key growth sectors notably;
Primary agriculture, fisheries and livestock and, agro-processing
Natural resources extraction
Hospitality and Tourism
Real estate development
Information technology and telecommunication
Social services like Education including vocational and tertiary education and, health.
Trade and Commerce Sectors
Their Core Values and Organizational Culture
The core values of the Bank are:
Commitment: They are committed to growing and attaining sustainable value for all their stakeholders, and they will hold theirselves accountable at all times. The need to exceed our stakeholder expectations at all times will drive the manner in which they conduct their business.
Excellence: They shall endeavor to excel in whatever they do and they shall always seek innovative customer focused products and services. They are committed to doing whatever they do excellently at all times in pursuit of results.
Integrity: They will uphold the highest standards of ethics and integrity and endeavor to be transparent in all their actions at all times.See more