Uganda Development Bank Ltd is the country’s only Development Finance Institution (DFI) established in 1972. The
Bank has recently re-positioned itself as a partner to the Government of Uganda in delivering the theme of its National Development Plan (NDP): Growth, Employment and Socio- Economic transformation for prosperity, together with Vision Uganda 2040: A transformed Ugandan society from a peasant to a modern and prosperous country within 30 years.
In order to deliver this aspiration, the Bank has refocused its operations and will only play in the key growth sectors as identified in the NDP and will source funding to finance socio-economic transformation activities at attractive terms. The Bank shall therefore work to develop a niche market for long term development finance.
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