Lloyd Jonathan Busuulwa, the dfcu Bank Head of Alternative Channels dfcu Bank has today launched a paperless account opening solution that allows existing customers to open an account online, using dfcu QuickBanking, the Bank’s digital banking platform. Through the campaign dubbed ‘Secondary Account Ku-Spot’, the solution offers customers the option to
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Former BoU Governor, the late Prof Emmanuel Tumusiime-Mutebile The Government is satisfied with the performance of the Central Bank of Uganda under the leadership of the Deputy Governor, Michael Atingi-Ego. The Finance, Planning, and Economic Development Minister, Matia Kasaija revealed this in an interview with our reporter on Monday. The
Read MoreEcobank Group Appoints Absa Bank Kenya’s Jeremy Awori As CEO, Ade Ayeyemi Retires
Jeremy Awori is joining Ecobank Group following a twenty-five-year long career in the banking industry Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group , today announced that the current Group Chief Executive Officer, Ade Ayeyemi, will retire after he attains the age of 60, in accordance with
Read MoreWe Are Determined To Offer Affordable Housing To Ugandans, Housing Finance Bank MD Tells President
A photo montage of President Museveni (Left) and Housing Finance Bank Managing Director, Michael K. Mugabi President Yoweri Museveni is a witty person. During the launch of NSSF’s US$400m (UShs1.5 trillion) housing project in Lubowa on Thursday, the President sent guests into uncontrolled laughter after he sarcastically questioned the existence
Read MoreA photo montage of Susan Sharon Kabedha, Peter Mugenyi and Andrew Katende dfcu Bank has appointed three new executives: Susan Sharon Kabedha as Head of Human Capital, Peter Mugenyi as Head of Data Analytics and Andrew Katende who joins the Bank as Head of Business Technology. Below are the full profiles of the
Read MoreMeet Priscilla Akora, The Newly Appointed Head Of Marketing & Communications At PostBank
Priscilla Akora (pictured) is the new Head Marketing and Communications at PostBank Uganda Limited. In her new role, she will be responsible for driving integrated marketing communications, as well as reputational strategy for PostBank. Prior to her appointment as the Head of Marketing and Communications, Priscilla worked as Marketing Manager,
Read MoreEcobank Group’s RapidCollect™ Enables Businesses To Collect Their Payments Across Africa With Only One Account
With only one account, business customers can receive funds instantly from their clients in their home country and across Ecobank’s pan-African network; Ecobank business customers can now make instant automated reconciliation leveraging Ecobank’s trusted technology The leading pan-African Banking Group, Ecobank Group, has simplified collections across Africa through RapidCollect™. RapidCollect™
Read MoreUganda Sees Higher Growth In August But Job Cuts Continue – Stanbic Survey
Ronald Muyanja, the Head of Trading at Stanbic Bank Uganda The Stanbic Purchasing Managers’ Index (PMI) has regained a positive outlook as the August data pointed to a renewed improvement in business conditions for Uganda’s private sector as both output and new orders returned to growth. The headline PMI rose
Read MoreCommercial banks in Uganda have not only increased interest rates, but also slowed loan application approvals. This is after the Bank of Uganda (BoU) increased the Central Bank Rate, a benchmark lending rate for commercial banks, from 8.5 to 9 percent in August 2022. BoU has now increased it by
Read MoreIsrael Arinaitwe, the Acting Head, Consumer & High Networth at Stanbic Bank Stanbic Bank customers can now expect to enjoy flexible terms when accessing loans including an increased loan tenure of up to 84 months and zero percent arrangement fees on all salary loans. The promotion is a continuation of the ‘Get
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