| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | 1973; 53 years ago (1973) |
| Headquarters | Kampala,Uganda |
Key people | Ibrahim Senyonga Atwoki board chairman Khalifa Achour Ettalua deputy board chairman, Abdulaziz M. Mansur managing director &executive director[1] |
| Products | Loans,checking,savings,debit cards, investments,mortgages |
| Revenue |  Aftertax: UGX:7.4 billion (2022)[2] |
| Total assets | UGX:281 billion (2022)[2] |
| Website | www |
Tropical Bank is acommercial bank inUganda. It is licensed and supervised by theBank of Uganda, the country'scentral bank and national banking regulator.[3]
As of December 2019[update], Tropical Bank was a small financial services provider in Uganda. The bank's assets at that time were UGX:316 billion (approximately US$84 million).[2]
The bank was established in 1973 as the Arab Libyan Bank for Foreign Trade & Development. In 1994, the name was changed to Tropical Africa Bank Limited. In 2006, the bank re-branded to Tropical Bank.[4]
99.91 percent of the share capital of Tropical Bank is owned by theLibyan government through theLibyan Foreign Bank. The remaining 0.09 percent is owned by thegovernment of Uganda through theMinistry of Finance & Economic Development.[5]
Tropical Bank is governed by an eight-person board of directors, of whom two are executive directors and six are non-executive. Ibrahim Senyonga Atwoki the non-executive director, is theboard chairman. Khalifa Achour Ettalua, the non-executive director, is the deputy board chairman. Abdulaziz M.A. Mansur is themanaging director and Joweria Mukalazi is the actingexecutive director. Four other directors assist him in running the bank.[1]
As of November 2020[update], Tropical Bank had a network of branches in theCentral, Western andEastern regions of Uganda.
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