How is Bank of Baroda performing in Ugandas secondary market?
Generally speaking, the stock market is still young and small but Bank of Uganda, the Capital Markets Authority and Uganda Securities Exchange are trying to generate interest in the secondary market. What is lacking is the awareness. We were the first bank in the country to list on the Uganda Securities Exchange. That was one way of telling the world out there that we are confident of what we are doing. Our listing also shows that we are a credible bank. It is rigorous to list on the stock exchange; but we are. Our listing again says that we are here to serve you the customer or the reader of this article for that matter. It is an extended hand of the bank. And we are saying, this is your bank and you can part-own it by buying shares on the stock exchange. We trail blazed this and others simply followed. Your readership ought to know that among the eleven listed companies including those that are cross-listed; we are among the top three active counters on the stock exchange. That shows