It was established in 1973 under the name Libyan Arab Uganda Bank for Foreign Trade and Development
Tropical Bank Limited is jointly owned by the Governments of the Republic of Uganda 0.03% and the Libyan Foreign Bank (LFB) 99.97% of Paid-up Capital.
Reasons for Existence
To provide professional and personalized commercial banking services to various sectors of the economy including financial support to Parastatals, Corporates, Small and Medium Enterprises, Individuals, and Non-Governmental Organisations
Change of Name
In 1994, the bank’s name was changed from Libyan Arab Uganda Bank for Foreign Trade and Development to Tropical Africa Limited and in May 2006, it was changed to Tropical Bank Limited
To provide excellent, customized financial services through a well trained and motivated personnel to enhance stakeholder value.
To be the premier provider of customized financial services.
Teamwork – We believe working together as a team, we achieve
Reliability – We deliver on our promise
Oriented to Serve Customers – We are committed to exceed customers’ expectations
Professionalism – We act in a prudent and ethical manner in all our dealing with stakeholders
Integrity – We are upright in all our dealings
Committed to Quality – We deliver the right product and service at the right time and place
Accountability – We are answerable to all our stakeholders
Loyalty – We are loyal to all stakeholders
The principles and beliefs on which the business is founded and that determine staff behaviour and business relationship