Unguka Bank


Unguka Bank Limited (UBL) is commonly known as Unguka Bank and it is a microfinance bank in Rwanda. It is one of the banks licensed by the National Bank of Rwanda, the country’s banking regulator.


By June 2012, UBL was a small but growing financial service provider whose total asset valuation and shareholders’ equity were publicly unknown at this time. At that time, the bank had 556 shareholders and 14 branches.


The institution was established in 2005 as Uguka Microfinance Limited by 215 investors with a total capital of about US$538,400 (RWF: 321.1 million). By 2012, the institution transformed to a microfinance bank following the issuance of a microfinance banking license by the National Bank of Rwanda. The bank rebranded as Uguka Bank Limited.


The stock of Uguka Bank is privately owned by corporate and individual investors. At this time, the detailed shareholding in the bank is not widely publicly known. 35% shareholding is owned by Rural Impulse Fund II (RIF).

Branch network

As of June 2012, UBL maintains a network of 12 branches including in the following locations:

Nyarugenge Branch – Kigali

Nyabugogo Branch – Kigali branch – Kigali

Musanze Branch – Musanze

Rubavu Branch – Rubavu

Mukamira Branch – Nyabihu

Ngororero Branch – Ngororero

Gakenke Branch – Gakenke

Kora Branch – Nyabihu

Mahoko Branch – Rubavu

Kabaya Branch – Nyabihu

Muhanga Branch – Muhanga