Anthony Kituuka, the Equity Bank Uganda Managing Director. Equity Bank Uganda profit reduced by 46.8% to Shs45.75bn in 2022, down from Shs86bn in 2021, according to the bank’s audited financial statements for the year ended 31st December 2022. According to the banking industry results analyzed by Business Focus, Equity Bank is
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dfcu Unveiled As Official Bank Sponsor For ‘Boyz ll Men Live In Kampala’ Concert
L-R: dfcu Bank’s Head Marketing - Jude Kansiime, Peter Mungoma - CEO of Capital FM Uganda, Somdev Sen - MTN Uganda’s Chief Marketing Officer and Emmy Hashakimana - Marketing & Innovation Director at Uganda Breweries Limited during the unveiling of the sponsors of the ‘Boyz ll Men Live in Kampala’
Read MoreThe branch launch was graced by the State Minister for Foreign Affairs, Henry Okello Oryem (Centre). Goldmine Finance Limited, a fast-growing financial institution is thrilled to announce the opening of its newest branch in Ntinda, Kampala. The announcement of the new branch that is located at Aponye mall was made during the grand opening
Read MoreBoU Lauds ‘Strategic’ Housing Finance Bank For Opening Its 18th Branch In Hoima City, Tips Ugandans On Borrowing
Housing Financial Bank officials and their guests in a group photo after the launch of Hoima City branch The Bank of Uganda (BoU), the regulator of the banking sector, has applauded Housing Finance Bank (HFB) for officially opening its 18th branch in Hoima ‘Oil’ City, saying the move is strategic.
Read MoreEXCLUSIVE: Banks Post Shs1.29Tn Profit In 2022, Profit & Loss Makers Revealed
A photomontage of bank Chief Executive Officers and Managing Directors Uganda’s banking sector registered emphatic performance in 2022 reflecting a strong post-Covid-19 economic recovery. Despite the prolonged uncertainty of the global and local economy due to the Russia-Ukraine war and the associated impact on the global economy as well as
Read MoreSome of the participants during the medical camp organised by dfcu Bank at Marie Stopes Hospital Lugogo dfcu Bank, in partnership with Marie Stopes Uganda, has successfully concluded a one-month wellness campaign aimed at offering free medical check-ups and financial literacy training to dfcu Bank women clients. The initiative called ‘Every Stage
Read MoreSome of the scholars in a group photo with the bank officials. The 102 top-performing scholars are from the 50 Districts where the Bank has a branch presence. Equity Bank Uganda has commissioned the second cohort of beneficiaries under the Equity Leaders Program (ELP) by admitting 102 top-performing scholars from
Read MoreThe Ministry of Finance has backtracked on its decision to impose impose a 15% Withholding tax rate on commissions of agent bankers and mobile money agents, arguing that such a regressive tax will cripple the growth of the financial sector that is still struggling to expand its presence in the rural
Read MoreAnita Kibakunda Rwamahe (Left) is one of the 10 lucky winners dfcu Bank has rewarded 10 lucky customers and non-bank customers with cash prizes, worth Ugx 500,000/- each in its Bank-to-School campaign dubbed ‘Schools Fees and Smiles’. The winners were selected among those that paid school fees through dfcu Bank’s alternative channels,
Read MoreLira branch customers that attended the dinner came from all sectors including education, agriculture, manufacturing and business to mention but a few. In the spirit of gratitude, Housing Finance Bank (HFB) Uganda extended its deep appreciation to its customers from Lira District in an exquisite dinner held at the prestigious Grand
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