Banking

• Banking

COVID-19 Impact: Banks Reject Loan Applications Worth Shs800bn In July Alone

BusinessFocus Reporter September 23, 2020 0

Commercial banks are increasingly becoming cautious towards lending as a result of the COVID-19 pandemic that has...

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• Banking

Banks Urged To Embrace Shared Infrastructure To Bring Down Cost Of Digital Payments

BusinessFocus Reporter September 22, 2020 0

Mathias Katamba, the Chairman Uganda Bankers’ Association Commercial banks have been urged to promote digital payment systems...

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• Banking
• Health

Cairo Bank Donates PPE Worth Shs100m To Save Health Workers From COVID-19

Taddewo William Senyonyi September 16, 2020 0

Left to Right: Sylvia Jagwe Owachi-Executive Director Cairo Bank Uganda, Ahmad Maher-Managing director Cairo Bank Uganda, Dr...

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• Banking
• News

Equity Group CEO, Dr. James Mwangi, Wins Coveted Oslo Business For Peace Award

Taddewo William Senyonyi September 10, 2020 0

Dr James Mwangi, the Equity Group CEO Dr. James Mwangi, Group Managing Director and CEO of Equity...

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• Banking

Report Paints Gloomy Picture For Uganda’s Banking Sector

Taddewo William Senyonyi September 10, 2020 0

BoU Governor Prof. Emmanuel Tumusiime-Mutebile Uganda’s banking sector is set to be adversely affected by the COVID-19...

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• Banking
• News

30,000 Kampala Home Owners To Benefit From Housing Finance Bank’s Sanitation Loans

Taddewo William Senyonyi September 8, 2020 0

Housing Finance Bank Managing Director, Michael. K. Mugabi displays the signed MoU with Water for People Housing...

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• Banking

BoU: A Few Banks Having Funding Shortages Due To COVID-19

Taddewo William Senyonyi September 7, 2020 0

The Bank of Uganda’s Financial Stability Review for June 2020 released on September 4, 2020 indicates that...

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• Banking

Mobile Money Transactions Increase To Shs79.8Trn Amid COVID-19

BusinessFocus Reporter September 5, 2020 0

Mobile money transactions rose to Shs79.8Trn during the same time some businesses were struggling to stay afloat...

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• Banking

BoU Introduces Standing Lending Facility For Banks With Short Term Liquidity Needs

Taddewo William Senyonyi September 4, 2020 0

BoU Governor Prof. Emmanuel Tumusiime-Mutebile The Bank of Uganda (BoU) has approved the establishment of a Standing...

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• Banking

Cairo International Bank Rebrands To Cairo Bank Uganda, Promises Customers ‘New Innovative Products’

Taddewo William Senyonyi September 1, 2020 0

Cairo Bank Uganda top officials unveiling the bank’s new look Cairo International Bank has effective 1st September...

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