Yako was incorporated in the Republic of Uganda in 2010. Previously, it operated as a microfinance institution after obtaining a licence from Bank of Uganda in September 2015.
On Tuesday 26 May 2020, Bank of Uganda issued a Credit Institution (Class 5) licence to Yako Bank Uganda Limited.
YAKO Bank is owned by different share holders. YAKO is operating as a credit institution licensed by Bank of Uganda to transact financial institution business in Uganda to different clients.
YAKO Bank is located in Kampala with its Headquarters at Parliament Avenue, Raja Chambers and two other branches located at Mukwano Arcade in the heart of Kampala city and on Plot 45 Main Street, Jinja.