Agriculture is one of the sectors attracting high interest rates The weighted average shilling lending rate rose to 18.2 percent in the FY 2024/2025 from 17.9 percent in the previous financial year. This is in line with the relatively tight financial conditions and rise in risk-free rates. This revelation is
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Centenary Group set to Unveil Modern Commercial Complex in Mbale, Strengthening Regional Presence
Centenary Group House – Mbale will serve as the regional office for Centenary Bank Centenary Group is set to unveil its newest regional landmark; Centenary Group House – Mbale, on Saturday, 18th October 2025, in a grand ceremony to be officiated by His Grace Dr. Emmanuel Obbo, The Metropolitan Archbishop
Read MoreFIGURES: A Glance At The State Of Uganda’s Banking Sector As Industry Assets Hit UGX61.3 Trillion
A photo montage of Uganda’s bank CEOs in 2024 The banking industry remained safe and sound over the year to June 2025, reveals the recently released Bank of Uganda Integrated Annual Report 30 JUNE 2025. “Growth remained strong, supported by BOU’s accommodative policy stance and targeted measures aimed at reinforcing
Read MoreEquity Bank, Ministry of Agriculture Launch National Oil Palm Project As Bank Extends UGX1.2bn To 896 Farmers In Two Years
Fred Bwino Kyakulaga, the State Minister of Agriculture, Animal Industry and Fisheries presents a dummy cheque of UGX 1.2b with Equity Bank’s Director of Public Sector and Social Investment Catherine Psogmgen On Friday, 10th October 2025, several District Leaders, Councilors and various farmers gathered at Mayuge District Headquarters to witness
Read Moredfcu Bank and Rotary Uganda Join Forces to Deliver Free Health Services to Mbuya and Surrounding Communities
dfcu Bank CEO, Charles Mudiwa (C) is joined by Rotary officials to launch the first countrywide health outreach initiative dfcu Bank, in partnership with Rotary Uganda, has launched its first countrywide health outreach initiative aimed at promoting preventive healthcare and improving access to essential medical services for Ugandan communities. The
Read MoreThe Bank of Uganda and the Ministry of Finance are in the process of reforming the Small Business Recovery Fund (SBRF), which was established to support enterprises affected by the economic disruptions caused by the COVID-19 pandemic. The SBRF complements the Agricultural Credit Facility (ACF), a ten-year-old initiative designed to
Read MoreEquity Bank Targets Schools To Protect The Environment By Supporting Tree-Planting Initiatives
Gift Shoko, the Managing Director Equity Bank planting a Tree at St. Julian Secondary School As early as 4:30am, Divine Kobusigye the Senior Five Mobiliser at St. Julian Secondary School was already dressed in her sparkling well pressed white Shirt and Kaaki skirt. She was beaming with a sheepish smile
Read MoreFrench Embassy, Stanbic Business Incubator To Train Start-Ups For Green Economy
H.E. Mrs Virginie Leroy, Ambassador of France to Uganda with Catherine Poran, Chief Executive Stanbic Business Incubator exchanging contracts shortly after signing The Stanbic Business Incubator Limited (SBIL) has signed a new grant agreement with the Embassy of France in Uganda to finance the Green Tech Incubator and Accelerator for
Read MoreFINCA Uganda Pushes Banking to the Doorstep with Digital Field Automation
A FINCA Uganda staff helping a client open an account with DFA Tablet Digital banking has become an integral part of Uganda’s financial landscape. From mobile apps and USSD codes to agent banking networks and internet platforms, nearly every commercial bank now offers a suite of digital services aimed at
Read MorePICTORIAL: dfcu Bank Partners with Mastercard Foundation Scholars Program to Renovate Bwera Primary School in Kabale
dfcu Bank’s Maryann Wanjiku Michuki (Centre) hands over a UGX 20 million cheque to the Mastercard Foundation Scholars Program in support of Bwera Primary School renovation. dfcu Bank has joined hands with the Mastercard Foundation Scholars Program at Makerere University to support the renovation of Bwera Primary School in Kabale
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