Bank of Baroda Uganda
On the 14th November 2002, Bank of Baroda (Uganda) Ltd shares were officially listed on the USE making Bank of Baroda the first financial institution to list their shares on the USE.
Their IPO of September 2002 was 16.7% oversubscribed and the initial trading of the share saw the price rise from Ushs 600 to Ushs 715 per share representing a 20% increase.
