Overview
The bank is involved in all aspects of commercial banking, focusing on servicing large corporations, small and medium enterprises (SMEs), as well as individuals. Bank of Baroda (Uganda) is a subsidiary of Bank of Baroda (BBI), an International bank with headquarters in Mumbai, India with over 2,750 branches in 17 countries and a balance sheet of approximately US$ 14 billion as of March 2002. Bank of Baroda (Uganda) is listed on the Uganda Securities Exchange, (USE), effective November 14, 2002, where it trades under the symbol BOBU. BOBU is the 8th largest bank in Uganda, with an estimated asset valuation of in excess of US$226 million (UGX:557 billion) and shareholders' equity of about US$42.5 million (UGX:105 billion), as of December 2011.
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