Uganda Interest Rates

The Ugandan economy with a population of 32.37 Million (Est 2009 Wiki) ranks 93rd in the world with a GDP PPP of 42.28 billion and GDP PPP per capita of 1,305 vs 1,305 (United States) according to the IMF in 2011. Its currency is the Ugandan shilling (UGX). Bank deposits held for a fixed term with a set interest rate in Uganda are called fixed deposits or sometimes short-term deposit accounts. According to CIA.gov published country data indicates its inflation was estimated to be 13.7% in 2011 and 4% in 2010.

Read More

Uganda Banks

Showing rates for 6 Bank deposit providers in Uganda.
BankBranchFoundedOwnership
Centenary BankCentenary Bank621983Local
Barclays UgandaBarclays Uganda421927Foreign
Bank of Africa UgandaBank Of Africa Uganda341984Foreign
Standard Chartered Bank UgandaStandard Chartered Bank Uganda111912Foreign
Bank of Baroda UgandaBank Of Baroda Uganda101953Foreign
ABC Capital Bank UgandaABC Capital Bank Uganda21993Local

Uganda Discussion Activity

  • Deposits
    Q: We intend to open up a fix deposit acc as a group. I c ur interest rates is13.00%if the money is to bfixed for 1year. This confuses me a little, is the 13% a monthly benefit for the duration of 1year? or that 13% is the benefit for the whole year's savings? I mean without considering the month?

    Simon from Kampala, Uganda
  • Centenary Bank
    Q: What are the requirements of opening up a fixed deposit account with Centenary bank of Uganda? If possible please be more elaborative about this inquiry.

    Boniface from Uganda
  • Centenary Bank
    Q: Display for me your fixed deposit interest rates because i would like to start a deposit fixed account with your bank

    emmy from Uganda