Equity Group headquarters in Upper Hill, Nairobi. PHOTO | NMG Kenya’s three largest banks are twice as efficient as their peers from elsewhere in Africa in extracting income from their assets, backed by higher interest earnings and improved cost efficiency due to digitisation. A new analysis by rating agency Moody’s
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Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi says Government is determined to reduce domestic borrowing The spike in domestic borrowing by the government has increased the discomfort in the private sector, as commercial banks also raise their interest rates. Commercial banks have been announcing new prime lending rates
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John B. Kaweesi, the Head Mortgages & Consumer Banking At Housing Finance Bank This interview highlights Housing Finance Bank’s Remote Account Opening ‘Bwepwa’, the latest addition to their digital innovations in line with the strategy to drive customer experience through operational efficiency. We would like to commend the Bank on its
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Mapeera House, the Centenary Bank Headquarters. The bank started from the bottom in 1983 as a Credit Trust of the Uganda National Lay Apostolate, transforming into a full-service commercial bank in 1993, and by 2018 had risen to become, Uganda’s second largest bank by deposits, lending, assets and profitability. Centenary
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Miranda Bageine Musoke, dfcu Bank’s Head of Personal Banking. Uganda has the third-highest population growth rate in Africa and a significantly high rural to urban migration rate. These trends underline the need for more housing units. dfcu Bank recently launched a campaign to encourage Home Ownership. Miranda Bageine Musoke, dfcu
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Participants listening attentively to panelists PostBank is taking up the lead in carrying out financial literacy training mainly targeting young people in a bid to embrace savings for the long term. On Wednesday ,the Bank and its partners UAP, Bank of Uganda and Uganda Insurers Association convened a financial wellness class
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President Museveni (in white shirt) in a group photo with Uganda Bankers' Association members at State House Entebbe yesterday President Yoweri Kaguta Museveni has urged banks to lend cautiously. “On the issue of land evictions, I'd like to clarify that if a bank foolishly or in connivance with tricksters accepts to lend money
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Equity Group CEO James Mwangi Equity Bank Group has been named the top lender in the region by capitalisation, reflecting the room it has to fund businesses. The ranking by African Business, based on the tier-one capital buffer, has placed Equity ahead of its rivals in East Africa. The lender’s
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Julius Kakeeto, the Managing Director/CEO, PostBank UAP Old Mutual is partnering with PostBank to organize a financial wellness class hosted on Twitter Spaces, Facebook as well as Zoom and YouTube. The webinar themed "Learn, Grow, Protect Your Finances,” will be moderated by TV personality, Mildred Tuhaise and is set to
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dfcu bank and Jumia officials in a group photo after announcing the partnership dfcu Bank has today announced a new promotion and partnership with Jumia Uganda that will see the Bank’s Visa Debit and Credit Card holders enjoy discounts of up to 20% when they use their cards to purchase items
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