Charles M. Mudiwa, the Chief Executive Officer at dfcu Bank dfcu Limited has announced its audited financial results for the year ended 31 December 2023, indicating a growth in customer numbers, transaction volumes, fees and commissions. The results show that dfcu bank, the Group’s trading entity, recorded a net profit
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Barbara Dokoria and Samuel F Mwogeza Stanbic Bank Uganda has announced the appointment of Samuel F Mwogeza as its Interim Chief Executive, and Barbara Dokoria as Interim Executive Director effective April 1, 2024 until substantive appointments for the positions are made. The interim appointment of Mwogeza, who is currently the Executive
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Three commercial banks including ABC Capital Bank (U) Ltd, Opportunity Bank and Guaranty Trust Bank (U) Ltd have failed to meet Bank of Uganda’s minimum capital requirement of Shs150bn. It should be noted that a few years ago, the Bank of Uganda increased the paid up capital of commercial banks to
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dfcu bank and MTN Uganda officials in a group photo after unveiling the Advancing Women Entrepreneurs (AWE) accelerator program dfcu Bank, in collaboration with MTN Uganda has unveiled the Advancing Women Entrepreneurs (AWE) accelerator program. Launched in 2023, the program is designed to increase the participation of women owned businesses within
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Stanbic Holdings Uganda Limited (SHUL) Senior Management Officers pose for a photo during Financial results release event at Serena Hotel in Kampala. Shareholders of Stanbic Uganda Holdings are set to receive up to 280 billion shillings in total dividends payout for the year ending December 2023. This is a record-high
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Housing Finance Bank Senior Management and staff with stakeholders from the vehicle and asset financing sector during the Forum Uganda’s economic growth is projected to perform at ranges of 5.5%-6.5% in the short-to-medium term premised on the projected activity in agriculture, the extractives sector, and infrastructure development, according to the recently released
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L-R: Ronald Makata, Stanbic Bank Chief Finance Officer, Anne Juuko The Stanbic Bank Chief Executive and Francis Karuhanga, the Stanbic Holdings Uganda Limited Chief Executive pose for a photo during Financial results Stanbic Uganda, a franchise of the Standard Bank Group—Africa’s largest commercial lender by assets, has announced a profit
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Godfrey Sebaana is a seasoned Banker with over 20 years of multi-discipline banking experience that spans global and local corporates, SMEs and retail banking. The Board of Directors of Diamond Trust Bank Uganda Limited (DTBU) has named Godfrey Sebaana, a seasoned banker with over twenty years of experience, as its
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Equity Bank Officials Appearing before the Court Dock. The Anti Corruption Court in Kampala has remanded five employees of Equity Bank on charges of conspiring to defraud the bank of 62 billion shillings. They are Julius Musiimenta, the Head Agency Banking, Erina Nabisubi, the Relationship Manager Telecoms, Fred Semwogerere, a Banker, Crescent
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Sgt Phiona Asiimwe A number of Ugandans have different experiences when it comes to loan servicing. Some experiences are positive while others are purely negative. For Sgt Phiona Asiimwe, it is a positive one, having benefited from the Police Exodus SACCO. "I have been a member of Police Exodus SACCO since my
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