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
Read MoreL-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
Read MoreGodfrey Sebaana: Meet The New Diamond Trust Bank Uganda CEO With Two-Decade, Multi-Discipline Banking Experience
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
Read MoreEquity 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
Read MoreSgt 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
Read MoreMajor General (retired) Jim Muhwezi (L) presided over the workshop. The Uganda Investment Authority and the Bank of Uganda (central bank) on March 15 took their awareness workshop on affordable financing for small businesses and commercial farmers to the southwestern district of Rukungiri. The workshop focused on the central bank’s
Read MoreTEE TIME: I&M Bank Hosts CEOs To An Exclusive Round Of Golf With Bank’s Regional Boss Kihara Maina
Industry captains in a group photo with I&M Bank Regional CEO Kihara Maina. On Friday March 15th, I&M Bank Uganda hosted select industry captains to an exclusive round of golf with the organization’s Regional CEO- Kihara Maina. Dubbed ‘Tee-time with the I&M Bank CEO,’ the round hosted at the scenic
Read MoreCentral, Western Regions Eat Big From Agricultural Credit Facility As Shs860bn Is Disbursed
The Central and Western regions are the largest beneficiaries of the Agricultural Credit Facility(ACF) loans, the Bank of Uganda (BoU), has revealed. Launched in 2009, the ACF aims to promote value addition in the agricultural sector by providing affordable medium- and long-term loans. “The ACF has achieved significant success, with cumulative
Read MoreThe regional bank, Equity Group beat its African peers to emerge the strongest banking brand on the continent and second in the world, according to the 2024 Brand Finance rankings. Globally, there were two other African brands, First National Bank and Kenya Commercial Bank, in the top five, alongside Romanian
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