Equity Bank breaks into Uganda’s top 5 banks; designated Domestic Systemically Important Bank by Central Bank Equity Bank which only entered the Ugandan market in July 2008 has sustained its double-digit growth, over the years, overtaking many banks, some of which have been present in the market for over 50 years. In 2022, it consolidated its position as the third-largest bank by lending and deposits. The bank is also now the 4th largest by total income and 5th largest by assets and was designated a Domestic Systemically Important Bank (DSIB) for 2023 by the Central Bank.