Representatives of microfinance institutions that attended the training aBi Finance is equipping Uganda’s leading microfinance institutions and SACCOs with the tools to integrate Environmental, Social, and Governance (ESG) principles into their operations through a targeted training program. Delivered in partnership with the Uganda Institute of Banking and Financial Services (UIBFS), the initiative aims
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Banks Swim In Shs1.6 Trillion Profit: Top 5 Control 74.46% Of Industry Profits As Uganda’s Most Profitable Banks Revealed
A Photo Montage of bank CEOs and Managing Directors Uganda’s commercial banks recorded a whopping Shs1.633 trillion net profit in 2024, up from Shs1.4 trillion posted in 2023, Business Focus exclusively reports. It’s important to note that Uganda currently has 22 fully fledged commercial banks. This is after three banks
Read MoreGroup photo of the ELP scholars- 4th Cohort with Equity Bank's Managing Director Mr. Gift Shoko in the middle of the team seated. One hundred top Senior Six students from various districts across Uganda have been admitted into the prestigious Equity Leaders Program. The program admits top performing students in
Read MoreHousing Finance Bank Partners With Easy Housing To Provide Affordable & Sustainable Homeownership Solutions
A group photo of officials from Housing Finance Bank and Easy Housing In a landmark partnership set to transform homeownership in Uganda, Housing Finance Bank has joined forces with Easy Housing to provide sustainable, affordable housing solutions tailored to the needs of everyday Ugandans. This strategic collaboration goes beyond traditional
Read MoreI&M Bank Uganda Records Shs20.3 Billion In Net Profit As Key Investments & Innovative Initiatives Pay Off
Robin Bairstow, CEO of I&M Bank Uganda I&M Bank Uganda delivered a robust financial performance for the year ended 31 December 2024, as the institution reported significant growth across key financial metrics, including profit after tax, total assets, total revenue, net loans and advances, customer deposits, and shareholders’ equity. The
Read Moredfcu Rising Woman Initiative Returns For Season 7 With Renewed Focus On Business Growth & Leadership
The launch was graced by top women in business dfcu Bank, in partnership with Monitor Publications Limited has officially launched Season 7 of the dfcu Rising Woman Initiative, a national campaign aimed at empowering women entrepreneurs with the knowledge, networks, and resources they need to thrive. Launched at Mestil Hotel
Read MoreFresh revelations have emerged regarding the foiled robbery at Diamond Trust Bank (DTB) in Kavumba, Wakiso District, which occurred early Sunday morning. One of the suspects, identified as Emmanuel Okao, was shot dead by police, while his alleged accomplice, Justin Okello, was arrested after surrendering. According to police, both suspects
Read MoreWilbrod Owor, the Chief Executive Director of Uganda Bankers Association The Uganda Bankers Association has launched the Anti-Fraud Consortium to combat financial cybercrimes. The consortium brings together regulators, supervised financial institutions, payment providers, law enforcement, and the public to anticipate, detect, prevent and respond to financial fraud with clarity and
Read MoreTadeo Kasumba in his coffee farm Agriculture remains the backbone of Uganda’s economy—employing 64% of the population and contributing up to 50% of the country’s exports. Yet, for many smallholder farmers, accessing affordable credit remains a persistent challenge. Traditional financial institutions often require collateral that rural farmers simply don’t have,
Read MorePartners pose for a group photo with Young environment champions from Buganda Road PS Housing Finance Bank hosted an event to commemorate World Earth Day 2025 reaffirming its dedication to environmental sustainability with a bold pledge to plant 1 million trees by 2027. This long-term commitment is part of the
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