| Nature of Business |
Nile Bank Ltd is a private bank, registered in Uganda, with shareholders from Uganda, Israel, and South Africa. Nile Bank Ltd was established in 1988 to provide quality-banking services to the public at a time when low cost banking was almost non-existent. By 1992 the bank had two branches and has since expanded to six branches including branches in Mbar ara, Entebbe and Jinja. Nile Bank has achieved its exceptional growth by providing quality banking services to the m ass market made of low income earners, who were previously disadvantaged in a banking industry dominated by high-priced international banks, but now have access to affordable high-quality banking services. In line with convenience and f lexibility, Nile Bank Ltd is also the Ugandan agent for Western Union Money Transfer service, handling over 200,000 tran sactions per year. To crown it all, in January 2003, the Bank became the first Ugandan bank to receive ISO certification . |