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Analysis & OpinionsBanking

Why Islamic Banking Which Prohibits The Charging Of Interest Will Succeed In Uganda

BoU Deputy Governor, Michael Atingi-Ego (Left) and Permanent Secretary/Secretary to the Treasury, Ministry of Finance, Planning and Economic Development, Ramathan Ggoobi at the launch of Islamic banking in Uganda The Bank of Uganda (BoU) Deputy Governor, Michael Atingi-Ego is confident that Islamic banking will succeed in Uganda. Speaking at the

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Analysis & OpinionsBanking

Unlocking The Power Of Asset Finance: A Catalyst For Business Growth In Uganda

Sandra Kaggwa, Manager, Asset Finance at dfcu Bank For both new and existing businesses, access to capital continues to pose a significant challenge. These enterprises often possess great potential for growth and innovation, but their progress is hindered by limited financial resources. The ability to borrow from credible Financial Institutions

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AgribusinessBanking

Cultivating Success Through dfcu Bank’s Rising Woman Initiative: The Inspiring Story Of Christine Atieno & Mt. Elgon Women Specialty Coffee

Christine Atieno Muga (Right), the CEO of Mt. Elgon Women Specialty Coffee and her team at work In the heart of Uganda's eastern region, a remarkable transformation is brewing, led by a visionary entrepreneur, Christine Atieno Muga. As the CEO of Mt. Elgon Women Specialty Coffee, Christine Atieno Muga exemplifies the very

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Banking

Housing Finance Bank Gets Certificate Of Acceptance To Sustainability Standards & Certification Initiative In A Bid To Drive Its Affordable Home Ownership Mandate

R: Dr. Frank Mentrup (Lord Mayor of Karlsruhe), Mr. David G. Opiokello (Board Chairperson, Housing Finance Bank), H.E Kuteesa (Uganda’s Ambassador to Germany), Mr. Micheal Mugabi (Managing Director, Housing Finance Bank) and Mr. Arshad Rab (CEO of the European Organization for Sustainable Development, and the Chairman of the International Council

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BankingICT

TerraPay, Stanbic Uganda Partner To Enhance Cross-Border Payments

TerraPay, Stanbic Uganda officials unveiling the partnership TerraPay, a leading global payments infrastructure company, is pleased to announce a new strategic partnership in Uganda, with Stanbic Bank, the country’s leading commercial lender by Assets, Customer deposits and Income, as of December 31, 2022. The partnership will revolutionize cross-border payments, providing

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BankingNews

I&M Bank Uganda Appoints Robin Bairstow As Chief Executive Officer To ‘Push The Organization To The Next Level’

Robin Bairstow is the new Chief Executive Officer of I&M Bank The Board of Directors of I&M Bank (Uganda) Limited has announced the appointment of Robin Bairstow as the Chief Executive Officer (CEO) effective August 2023. The appointment is subject to Bank of Uganda approval. With an extensive record in the financial

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