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Uganda Development Bank Limited (UDBL)

Added by Richard Busingye

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Tags: Development Finance Institution

Uganda Development Bank Limited (UDBL) is a public enterprise wholly owned by the Government of Uganda and carrying on business as a Development Finance Institution (DFI).

The bank, a successor company to Uganda Development Bank, was incorporated as a limited liability company under the Public Enterprises Reform and Divestiture Act, Cap.98, Laws of Uganda and it is mandated to finance enterprises in key growth sectors of the economy. The Bank has been in existence since 1972.

UDBL re-positioned itself as a key partner to the Government of Uganda in delivering its National Development Plan (NDP).

In order to deliver this aspiration, the Bank focuses on the key growth sectors of the economy by financing development projects at attractive terms.


Promote sustainable socio-economic development through innovative financial products and services


Profitably financing enterprises in key growth sectors

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