Bank of Baroda (Uganda) Ltd. engages in the provision of commercial banking services. It offers depositary and loan services, funds transfers, internet banking, automated teller machines, Baroda Connect, and equity brokering. The company was founded on December 18, 1953 and is headquartered in Kampala, Uganda.

Under privatization move of Govt. of Uganda, Parent Bank- Bank of Baroda (India) became the sole owner by taking over 49% shareholding of Govt. of Uganda on 07.06.1999 and divested 20% shares to public in Sept. 2002.

Baroda provides an array of products ranging from Savings Bank account, Current account, Time Deposits, Loans & Advances, ATM facilities, Forex, Treasury, Remittances, Brokerage and Investment advisory, to mention a few besides remittance, forex, collection of URA taxes, water payment of NW&SC, NSSF contribution , Umeme Power Bills etc.

Bank of Baroda (Uganda) Ltd. is a financial institution. The Bank operates as an international bank and operates through approximately 35 service outlets, which includes approximately 20 automated teller machines (ATMs). It provides an array of products ranging from Savings Bank account, Current account, Time Deposits, Loans and Advances, ATM facilities, Forex, Treasury, Remittances, Brokerage and Investment advisory, to mention a few besides remittance, forex, collection of Uganda Revenue Authority (URA) taxes, water payment of National Water & Sewerage Corporation (NW&SC), National Social Security Fund (NSSF) contribution and Umeme Power Bills.

Under international banking, it offers Foreign Exchange and Money Market & Government Securities. The Bank also offers transaction-based Internet banking, through Baroda Connect, which facilitates business firms and corporate to transfer funds, pay salaries to employees, view all the accounts and print the account’s statements.

FACTSHEET
HOW TO ANaLYSE
HOW TO BUY
HOW TO MONITOR

Address:	18 Kampala Road P.O.Box 7197, Kampala, Uganda
Website:	www.bankofbaroda.ug
Exchange:	Uganda Securities Exchange
Cross-Listing:	None
Founded:	1953
Listed:	November 2002
Year End:	31st December
Reporting Currency	Uganda Shillings (UGX)

7 Questions you must ask before buying this share/stock

Here is the 7-question process that the MoneyInAfrica team uses to understand the operating and financial fundamentals of the business before investing

Question 1 – Do you understand how the company makes money?

WHY: Warren Buffet said so – “Never invest in a business you cannot understand”
SOLUTION: Understand how the business is working from those running it.
BEST SOURCE: Board Chairperson and CEO of the company.
WHERE: Board Chair and CEO Statement section on this page.

Question 2 – Do you know the people running the company?

WHY: When you invest, the company directors become responsible for making your money multiply.
SOLUTION: Know who the list of directors and senior managers are.
BEST SOURCE: Company Filings
WHERE: Directors & Leadership section on this page shows latest list of board directors and senior management, including recent appointments.

Question 3 – Do you know who you are investing with?

WHY: The largest shareholders influence major decisions concerning the company
SOLUTION: Know who the largest shareholders are.
BEST SOURCE: Company Filings
WHERE: Top Shareholders section on this page shows largest shareholders.

Question 4 – Does this company make money?

WHY: If it doesn’t make money, it can’t be called a company.
SOLUTION: Review how much the company makes in revenues and profitability.
BEST SOURCE: Company Filings
WHERE: Revenue & Profits section on this page shows you a visual analysis for the last 5+ years of Revenues, Profits and Profit Margins with ability to compare them with other companies.

Question 5 – Has the company made money for investors?

WHY: You are investing to make money, if it hasn’t made money for previous investors – will you be the lucky one?
SOLUTION: Understand how well the company makes money for investors – dividend track record and share price
BEST SOURCE: Company Filings
WHERE: Return On Investment section on this page, will show you a visual analysis for the last 5+ years of Return on Equity, Dividends Per Share and Share Price Performance with ability to compare them with other companies.

Question 6 – Is the company financially stable?

WHY: We all know how the story of building a house on sand ended up….
SOLUTION: Look at the potential Archilles’ heels of this company, debt levels and cashflow.
BEST SOURCE: Company Filings
WHERE: Financial Health section on this page gives you a visual analysis for the last 5+ years of Debt Levels, and Operating Cashflows with ability to compare them with other companies.

Question 7 – How is the management increasing the value of the company?

WHY: The best way the value of your investment grows is if the value of the company grows.
SOLUTION: Understand how well management are sweating the assets and the value of your business is growing.
BEST SOURCE: Company Filings
WHERE: Management Performance section on this section gives you a visual analysis for the last 5+ years of Return on Assets, Earnings per Share, Book Value with ability to compare them with other companies.

Bank of Baroda Profile

7 Questions you must ask before buying this share/stock