dfcu officials unveiling the 'Bounce Back Campaign' Individuals and businesses can benefit from dfcu Bank’s affordable and unsecured loan products with the launch of the ‘Bounce Back campaign’ aimed at giving customers a boost at getting back on track following the upset of the COVID-19. The campaign complements the long standing dfcu promise
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Deputy Governor Bank of Uganda (BoU), Michael Atingi-Ego The Deputy Governor Bank of Uganda (BoU), Michael Atingi-Ego has asked parliament for more time to present the institution’s opinion on the proposed amendments to Article 161 of the Constitution regarding the composition of the Central Bank's board and others, URN reports.Atingi-Ego
Read MoreMajority of the banks expect their lending rates to remain broadly unchanged with a bias towards decrease, reflecting a relatively lower Central Bank Rate (CBR), the Bank Lending Survey(BLS) has revealed. According to Bank of Uganda (BoU’s Monetary Policy Report ) for February 2021, commercial banks’ lending rate on Shilling loans averaged
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David Wandera, the Head of Financial Markets at Absa Bank Uganda The Absa Africa Financial Markets Index (AFMI) 2020 has revealed the state of Uganda's financial markets and the economy at large. Absa Group, in partnership with OMFIF, the Official Monetary and Financial Institutions Forum, conducted extensive quantitative research and data
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Michael Mugabi (L), the Managing Director at Housing Finance Bank and Dennis Kamurasi, the Executive Director, Bulooka (U) Ltd after unveiling the digital trading platform Housing Finance Bank and Bulooka App have announced a new partnership to launch a digitized platform that enables customers to acquire property and motor vehicles in a
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MPs on the Parliamentary Legal Committee have questioned a proposal by Igara East lawmaker, Micheal Mawanda (pictured) to impose office term limits only on the office of the Bank of Uganda Deputy Governor while leaving out the office of the Governor. In the new amendments in the Private Member’s Bill, Mawanda proposes
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GTB officials inside a detective office Three top officials of Guaranty Trust Bank (GTB) were on Tuesday grilled for more than two hours by the anti-corruption and economic crime detectives over 3.6 billion shillings corruption scandal. GTB was dragged to Criminal Investigations Directorate –CID headquarters at Kibuli by Joseph Brown, the Country
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Michael Mugabi, the Housing Finance Bank Managing Director Housing Finance Bank (HFB) has launched a consumer loan campaign aiming at delivering improved financial access to its growing customer base. Speaking at the launch, Michael Mugabi , the Managing Director at HFB said they have deliberately made the loans unsecured for
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L-R: Sam Mwogeza Chief Financial Officer , Cathy Adengo Head of Corporate Communications ,Jackson Emanzi Head of lending , Grace Mulisa Head of Personal and Business banking , Sam Bulenzi Ag Head of Products, Israel Arinatwe Head of Personal markets pose for a photo after the launch of Now Now
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The launch of OYA Micro-Credit was graced by Ghanaian Consul to Uganda, Tom Buruku (in red), Trade Minister Amelia Kyambadde (C), OYA Micro-Credit Company CEO, Aaron Hoareau (2nd L) and the Directors The rapidly growing number of Small and Medium Enterprises (SMEs) mean that there’s need for unique and affordable financial
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