Annual Reports

Orient Bank Limited has registered commendable performance since its inception in 1993. Its foundation rests on a very strong capital base, with shareholders’ funds increasing tenfold since inception. Our annual accounts provide information on our performance in recent years.

Performance at a glance

Fiscal yearTotal asset growthCustomer deposit growthGrowth in loans and advancesTotal gross income growth
20190%2%−7%–
Half year to 30 June 2019 (unaudited)14%16%−6%–
201810.3%11.3%7.4%11.25%
201718%23%19%7.7%
20162.9%3.8%41.7%13.6%
201514.6%13.5%14.7%1.7%
201219%24%21%27%

From the chairman’s statements

Fiscal year 2015

Orient Bank Limited is a leading private sector commercial bank in Uganda. We have been in operation since 1993 and our performance since has been commendable. This steady growth can be attributed to professional management and prudent lending and investment policies of the Bank.

Fiscal year 2014

As one of the industry leaders of the indigenous banks in Uganda, it gives us profound joy to be at the forefront of contributing to the improvement of the banking sector. Despite the fact that Orient Bank recorded a significant loss in 2013, I am glad to report that Orient Bank embarked on a disciplined growth strategy which has led to an improvement in the bank’s performance for the year ended 2014. The bank continued to receive strong support from its customers.

Fiscal year 2012

As Chairman of Orient Bank Limited, I am very pleased to be able to report that despite a difficult macro-economic environment and serious challenges within the banking sector, the bank again registered a positive performance during the financial year 2012. The Bank remains committed to build on this success during 2013, and by further refinement of the business model to continue to enhance the services we offer and the value we provide for all our customers, employees and stakeholders.

Fiscal year 2011

Orient Bank Limited performed strongly and successfully during 2011, despite a difficult and unpredictable economic environment. The situation required prudent and responsive strategic management at all times.

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