Barclays Bank of Uganda Limited has been named one of the best banks in Africa’s emerging markets by the prestigious global news publication, Global Finance Magazine in an exclusive survey to be published in the May 2015 issue.
Global Finance editors—with input from industry analysts, corporate executives and banking consultants—selected the best emerging markets bank in the region and in 29 countries. Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products. In addition, a poll of Global Finance’s corporate readership was conducted in order to increase the accuracy and reliability of the results.
“The recognition as one of the best banks in Africa’s emerging markets confirms our commitment to deliver innovative solutions using a service centric approach that seeks to help our customers achieve their ambitions in the right way,” Barclays Bank of Uganda Limited, Managing Director, Mr. Rakesh Jha said.
Barclays was recognised for its commitment to the markets in which it operates and understanding of the specific needs of its customers. The Bank has operated in Uganda for over 85 years and has an extensive retail and corporate banking network across the country.
Barclays commitment is also evidenced through its robust community investment programmes. Over the past five years, the Bank has invested over UGX 13bn (£3.3m) into Ugandan communities through projects implemented by development partners, run the largest internship and employee volunteering programmes aimed at empowering the next generation to become financially independent.
“Barclays is committed to enhancing value proposition to our customers through continuous of innovation because helping our customers prosper is at the heart of our purpose,” Mr. Jha added
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