Shem Kakembo, the Managing Director at EFC Uganda Limited EFC Uganda Limited (MDI) - Uganda’s fastest-growing microfinance institution has rolled out a campaign dubbed “SIMBULA LOANS NE EFC.’’ The campaign is focused on enhancing the institution’s commitment of contributing to Uganda’s development and economic stability through key drivers like financial
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Mathias Katamba, Chief Executive Officer at dfcu Bank DFCU Limited announced a net profit of Shs 9.3 billion in 2021, down from Shs24.07bn recorded in 2020. According to to the results, dfcu’s total assets reduced to Shs3.13 trillion, down from Shs3.49 trillion recorded in 2020. The figures further show that
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Dr. Winifred Mary Tarinyeba Kiryabwire dfcu Bank Limited has announced the appointment of Dr. Winifred Mary Tarinyeba Kiryabwire as the new Chairperson of our Board of Directors with effect from 01st April 2022. Dr. Tarinyeba Kiryabwire is a lawyer with over 20 years’ experience and expertise in corporate law,
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Stanbic Uganda officials in a group photo after launching comprehensive insurance product for schools Stanbic Uganda through its bancassurance services has launched School Comprehensive Insurance (SCI), a financial solution that protects school administrations against a range of risks including property damage, accidental injuries to students and theft of
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By Martin Mugisha According to the Monetary Policy Report February 2022, the Bank of Uganda said that Private Sector Credit (PSC) growth lost momentum in the quarter to December 2021, due to the uncertainty over a pickup in economic activity, especially as the number of COVID-19 infections were on
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A delegation of Chinese businessmen and businesswomen in a group photo with dfcu bank staff dfcu Bank has a range of financing solutions made to serve both the short-term and long-term business needs of Chinese businesses in a range of industries, Godfrey Mundua, Head of Corporate Banking at dfcu Bank, has said.
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DFCU Chief Executive, Mathias Katamba DFCU Limited has announced a net profit of Shs 9.3 billion in 2021, down from Shs24.07bn recorded in 2020. According to figures released Thursday morning at Serena Hotel in Kampala, dfcu's total assets reduced to Shs3.13 trillion, down from Shs3.49 trillion recorded in 2020. The
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Stanbic Bank Uganda Chief Executive, Anne Juuko Stanbic Uganda Holdings Limited (SUHL) has announced it grew its net profits by 11% in 2021 to earn Ushs.269billion from Ush.242bn in 2020, driven mainly by strong growth in non-interest income earned by mostly Stanbic Bank Uganda Limited, its anchor subsidiary. Other subsidiaries
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Stanbic Bank Uganda Chief Executive, Anne Juuko Stanbic Uganda has announced 11% growth in 2021. Announcing 2021 figures at Sheraton Hotel in Kampala on Wednesday, Ronald Mataka, the Ag. Chief Finance Officer, said that despite the tough business environment, Stanbic managed to post a “decent profit after tax which grew
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Bank of Baroda has announced changes in the banks leadership. According to the announcement made Wednesday, Sanjay Vinayak Mudaliar was appointed as Non-Executive Director on the Board of the Bank effective February 18, 2022. His appoinment followed the resignation of Mudumba Krishnama Chary from the same position in July last
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