i Lead Legal

Bayport Uganda has only been operating since 2005, but rapid growth and widespread acceptance have made us a foremost credit provider in this country, with branches in eight cities. Bayport Financial Services aims to understand its client base by forging relationships with local industry, trade unions and stakeholders.

Bayport Uganda initially had to work hard in the Ugandan market, due to its uniquely decentralised civil service payroll system and a traditionally very tough credit market. Once we have overcome these obstacles, growth was rapid and Bayport Financial Services has experienced sustained growth, due in no small part with our favourable relationships with local communities.

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Bayport in Uganda is the youngest of all the Bayport operations, having been established in 2005. However, Bayport Financial Services is already represented in eight Ugandan cities. We ascribe the rapid growth of Bayport in Uganda to our intimate understanding of the local culture and the people’s financial needs, thanks to our partnerships with local stakeholders.

Uganda posed a challenge to Bayport due to the country’s uniquely decentralised civil service payroll system and a credit market that had traditionally been very competitive. However, Bayport has overcome all the obstacles and has been experiencing rapid growth in Uganda, not least because of our positive relationships with many local communities and stakeholders.

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