Company Information

Get to know Bank of Uganda

Established on August 15, 1966, the Bank of Uganda (BOU) is the country's central bank and primary financial regulator. Its core mission is to foster price stability and maintain a sound financial system. The Bank is responsible for formulating and implementing monetary policy, issuing the national currency (the Ugandan Shilling), managing the country's foreign exchange reserves, acting as the banker and financial advisor to the Government of Uganda, and supervising, regulating, and licensing all financial institutions within the country.

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Financial BankingPRIMARY
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Bank of Uganda

Uganda

Founded in

1966 (60 Years)

Founded

Last online: No recent activity

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Markets.com

(327 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.