Home > Banking (Page 41)

Tight Competition As Airtel Unveils Loan Services To Rival MTN

To compete favourably with MTN Uganda, Airtel Uganda has partnered with JUMO to introduce ‘Wewole’, a loan product that will allow its subscribers to have credit services through the Airtel Money platform. The new service was launched today (Thursday) at Airtel headquarters in Kampala. Airtel Uganda Managing Director, Anwar Soussa explained

Read More

Bad For the Economy: Crane Bank Collapse Leaves Uganda With Only Three Locally Owned Banks

On January27, 2017, the Central Bank of Uganda, the Bank of Uganda (BoU) announced that dfcu had acquired Crane Bank. It was revealed that dfcu beat off competition from other 12 financial institutions to emerge winner. “… Bank of Uganda has now transferred the liabilities including deposits of Crane bank to

Read More