NC Bank Uganda Limited was incorporated in Uganda on the 8th of August 2011 and was granted a license to transact financial institutions business by the Bank of Uganda on the 8th of February 2012. NC Bank is licensed to conduct commercial banking business as well as to provide finance and operating leases.
NC Bank Uganda Limited is a wholly owned subsidiary of NIC Bank Limited (formerly National Industrial Credit Bank Limited) which has its headquarters in Nairobi, Kenya. NIC obtained a commercial banking license in 1995.
NIC Bank prides itself as a one stop shop by providing a wide range of financial products and services that include asset finance, personal and business current accounts, savings accounts, credit cards, trade finance, insurance premium financing, foreign exchange services and institutional banking. The one-stop-shop concept is further enhanced through the products and services offered by NIC Bank Limited’s subsidiaries