Post Bank Uganda Limited for all Financial Services

PostBank Uganda (PBU) is wholly owned by the Government of Uganda.
It was incorporated in 1998 under the Companies Act, operating under the Public Enterprises Reform & Divestiture Statute of 1983 and the Uganda Communications Act of 1997.

Regulated by the Bank of Uganda under the Financial Institutions Act of 2004.
In December 2021, PostBank upgraded to a Tier I commercial banking license.
Their vision: “To be a pacesetter in economically transforming lives and livelihoods.”

Their mission: “To offer affordable and suitable financial services that drive financial inclusion for social-economic development.”
Key Products & Services

Here are many of the financial services offered by PostBank Uganda, for personal, business, and corporate customers:

Personal / Retail Banking

Current Accounts, Ordinary Savings, Smart Women Accounts, Youth/Student savings accounts.
Specialized savings: Save As You Earn, Early Start Accounts.
Loans: Salary Loans, Education Loans, WASH (Water, Sanitation & Hygiene) Loans, Home & Land Loans.
Business / Corporate Banking

Business Savings Accounts, Fixed Deposits, Foreign Currency Accounts.
PostBank Uganda

SME and Micro Business Loans, Agriculture-based Loans.
Asset financing, contract financing, green financing, guarantees.
Insurance / Bancassurance services: Motor, Fire & Burglary, Business Life Insurance, Third Party, Commercial Property Insurance.
Payment & Transfer Services
Western Union, MoneyGram, SWIFT.

Real Time Gross Settlement (RTGS), Electronic Funds Transfer (EFT).
Mobile Money services.
Utility payments (tax, NSSF, water [E-Water], electricity [E-Umeme]) through their platforms.
Digital & Innovative Services
Wendi their digital payment platform launched in 2023. Offers group savings, funds management, deposits/withdrawals, transfers usable via app, USSD, etc.

Self-onboarding digital accounts (ZeroFlex), mobile banking (*263#), internet banking.
Smart ATMs that in many cases accept deposits (so not just withdrawal) and improve accessibility.
Impact & Strategic Focus

A major aim is financial inclusion: serving unbanked and underbanked populations.
Support for SMEs, agricultural value chains, and community savings groups.
Participation in government programs (e.g. Parish Development Model) to distribute funds digitally.

Efforts to move many transactions away from physical branches toward digital and agent channels.
Less long queues. Faster service.