Banking

Michael.K.Mugabi, the Housing Finance Bank Managing Director Housing Finance Bank Tuesday July 14, 2020 held an online forum on “The Impact of Digital Financial Services on the Economy”. According to the Managing Director, Housing Finance Bank, Michael.K.Mugabi, Covid-19 and its eventual spread across the world has definitely challenged the status

United Bank for Africa Plc (UBA), the leading pan-African financial services group, has appointed Ayoku Liadi and Oliver Alawuba as Deputy Managing Directors in charge of UBA’s Nigeria and Africa businesses, respectively. The creation of the new positions, reporting to Group CEO, Kennedy Uzoka, represents further strategic recognition of the

Research done by McKinsey& Company a global management consulting firm revealed that clients who used digital platforms were 33% happier than those who used the traditional means of banking. Given the current circumstances, people should strongly embrace banking from the comfort of their homes. “It does not matter where you

Prof. Emmanuel Tumusiime-Mutebile, BoU Governor The Bank of Uganda (BoU) has warned banks that the Central Bank will not hesitate to take redress under statutory rate caps if commercial banks don’t reduce lending rates in tandem with the Central Bank Rate (CBR). CBR is a benchmark lending rate for commercial

‘The greatest danger in times of turbulence is not the turbulence – it is to act with yesterday’s logic’ quoting the words of global futurist Jack Uldrich. The pandemic has catapulted the world into a future of deep change thus rendering creativity and action more powerful and versatile than knowledge. 

Sudhir speaking to the press after Court of Appeal ruling  The Court of Appeal has this morning dismissed with costs the appeal lodged by the Bank of Uganda (BoU) in the Shs397bn Crane Bank (in receivership) case against property mogul, Dr. Sudhir Ruparelia. The High Court judgment has been upheld.

UBA Foundation, the corporate social responsibility arm of United Bank for Africa (UBA) Plc, on Wednesday joined the rest of the world to celebrate African children in this year’s edition of the International Day of the African Child. June 16 every year, has been set aside by the United Nations

 The COVID-19 pandemic has hit Uganda’s banks hard, forcing commercial banks to restructure loans to a tune of Shs2.02Trn, the Uganda Bankers’ Association (UBA) has said. The Association made the revelation today while appearing with Bank of Uganda before Parliament’s National Economy Committee to discuss the impact of coronavirus on

Research done by McKinsey& Company a global management consulting firm revealed that clients who used digital platforms were 33% happier than those who used the traditional means of banking. Given the current circumstances, people should strongly embrace banking from the comfort of their homes. “It does not matter where you