In a bid to promote cashless banking by encouraging increased usage of debit and credit cards, Stanbic Bank Uganda today held a trolley dash for three lucky frequent Visa and MasterCard users off the Stanbic card machines in a promo dubbed “Merry Madness”. The three lucky customers Gad Rogers Tusiiime,
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Stanbic Bank Uganda in partnership with Smart Toto have launched the very first Community Library and Flourishing Centre in Mpigi, aimed at promoting community literacy development at the Kaleke Kasome Children’s Centre (KAKA) in Mpigi. Stanbic Bank made a generous donation of over 3,000 books to flourishing centre which will
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Kenyan banks will need to go back to the drawing board if results for the third quarter are anything to go by. The numbers cannot be more revealing; that big players have on average shed up to a quarter of their revenues relative to a similar period a year ago
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KCB Bank Uganda has trained potential banking agents in preparation for the roll out of agency banking services to Ugandans. According to Michael Ssekyondwa, the KCB Agency and Digital Finance Manager, the bank is expecting to officially start agency banking services early next year. “We have taken a lot of
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Barclays Africa Group Limited (BAGL) and China Development Bank (CDB) have signed a memorandum of understanding (MoU) aimed at strengthening cooperation and exploring opportunities to fund development projects in Africa. Given CDB’s focus on infrastructure finance for roads, railways and dams, Barclays Africa will leverage the MoU to unlock opportunities
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It is exactly two weeks since robbers entered the strong room of a Kenya Commercial Bank branch in Thika, Kenya and stole over UShs1.8bn. However, the circumstances under which the heist was executed still remain a mystery. Three people — two brothers and a friend — have been charged with
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Ecobank, the leading pan-African banking group, has won "Bank of the Year" awards in five of its countries of operation, reports All Africa. Ecobank scored the five-trophy hall at The Banker awards, which were held on 29th November at the Hilton London Bankside, with Cameroon, Guinea Conakry, Gambia, Togo and
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Farmer Based Organizations (FBOs) that have potential to contribute to the agricultural value chain finally have a chance at improving their operations and ultimately become bankable. The organizations that currently lack technical or structural capacity to operate in a sustainable way have started receiving technical support from the Agribusiness
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Exim Bank has donated over 110 hospital mattresses, sanitary towels, diapers, milk, sugar, clothes and other essential items to the Female Ward in Butabika Hospital. The Bank also painted the waiting room at the Female Convalescent Ward. This was on the Bank’s recent visit to the hospital where they were
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Bank of Uganda (BoU) Deputy Governor, Dr. Louis Kasekende has said the Central Bank regulations can’t stop banks from collapsing. Kasekende made the remarks on Wednesday while giving a key note address at the 7th Annual International Leadership Conference organized by Makerere University Business School (MUBS). His address centered on
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