Crane Bank

Crane Bank is a commercial bank in Uganda. It is one of the commercial banks licensed by the Bank of Uganda, the national banking regulator.

Overview

The bank is a large financial services provider in Uganda. It is involved in all aspects of commercial banking with a focus on providing banking services to foreign embassies and non-governmental organizations and their staffs. At the end of 2014, Crane Bank was the third largest commercial bank in Uganda, with assets of approximately USh:1.720 trillion and shareholders' equity of approximately USh:316 billion. In 2013, Crane Bank was the largest indigenous Ugandan commercial bank. In October 2013, its customer base was estimated at more than 600,000 persons.

History

Crane Bank started operations on 21 August 1995 "with a vision of being the largest privately owned Ugandan Bank."

In September 2012, Crane Bank acquired the assets and some of the liabilities of the National Bank of Commerce, a small, indigenous, financial services provider in Uganda that had lost its banking license.