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    Banking & Financial Services

    Benard Paul Mono, Acting Director General of the East African Development Bank (EADB), says the “giant is awake” as the Bank moves to accelerate lending, deepen regional partnerships, and grow its loan book to USD 600 million by 2027.

    The Giant is Awake—and Open for Business: EADB Targets USD 600 Million by 2027 — A Q&A with Acting Director General Benard Paul Mono

    April 17, 2026April 17, 2026 0 Shares
    At the end of 2024, EADB reported total assets of approximately USD 506 million, but only about 30% of that balance sheet was deployed into customer lending. A significant portion...
    David Wandera, Managing Director of Absa Bank Uganda — the first Ugandan to lead the bank in its over 90-year history — whose first full year at the helm delivered a 25% surge in profits, 46% growth in deposits, and a balance sheet that crossed the UGX 7 trillion mark, signalling a new phase of scale, discipline, and momentum.

    25% Profit Growth, 46% Deposit Surge, 29% Asset Expansion: Inside David Wandera’s Breakout Year at Absa Uganda

    April 15, 2026April 15, 2026 0 Shares
    When David Wandera officially stepped into the role of Managing Director of Absa Bank Uganda in May 2025, the appointment marked far more than a routine leadership transition—it signaled a...

    From PostBank to Pearl: A Homegrown Bank Reimagining Banking in Uganda

    April 14, 2026April 14, 2026 0 Shares
    There is something quietly significant unfolding in Uganda’s banking sector, and it goes beyond the headline numbers. Pearl Bank’s latest financial results for the year ended December 2025 tell a...

    I&M Bank Uganda Rolls Out Multi-Currency Prepaid Card for Local and International Payments

    April 14, 2026April 14, 2026 0 Shares
    I&M Bank Uganda has unveiled the I&M Mastercard pre-paid card, a multi-currency card product that allows customers to make payments and purchases using money that is pre-loaded on the card....

    Banking on Prosperity: How Stanbic is Powering Uganda’s Rising Middle Class

    April 13, 2026April 14, 2026 0 Shares
    By Sam Fredrick Mwogeza  When many people talk about wealth, it seems like an impossible dream, and based on their modest incomes, certainly unattainable in their lifetimes. But with the...

    Q&A WITH FABIAN KASI: Centenary Bank’s Continued Growth, Sector Resilience, and the Human Side of Leadership

    Paul MurungiBanking & Financial ServicesThe Big StoryAugust 14, 2025August 14, 2025

    On the sidelines of the just-ended Annual Bankers Conference, CEO East Africa Magazine’s Paul Murungi caught up with Fabian Kasi, Managing Director of Centenary Bank, for a quick dipstick on…

    PostBank and UBA’s Julius Kakeeto on Banking’s Digital Future and the Remittance Opportunity

    Paul MurungiBanking & Financial ServicesThe Big StoryAugust 13, 2025August 14, 2025

    Uganda’s remittance inflows are worth more than USD 1.4 billion a year — a figure Julius Kakeeto, Managing Director of PostBank and Chairman of the Uganda Bankers’ Association, believes can…

    A photo collage of top Ugandan Bank CEOs. In the top row; Uganda Bankers Association Chairman and Postbank Managing Director- Julius Kakeeto, Centenary Bank Managing Director, Fabian Kasi, Stanbic Bank Uganda CEO, Mumba Kalifungwa. Bottom row: I&M Bank CEO, Robin Bairstow, Diamond Trust Bank CEO, Godfrey Sebaana and Standard Chartered CEO, Sanjay Rughani.

    Inside the Minds of Uganda’s Top Bank CEOs: Reflections, Fears, and the Future of Banking

    Paul MurungiBanking & Financial ServicesThe Big StoryAugust 12, 2025August 12, 2025

    At the recently concluded Annual Bankers Conference, some of Uganda’s most influential banking leaders stepped away from the boardroom and into the spotlight. Representing institutions that collectively control a significant…

    Q&A With Immaculate Ngulumi Nabatte On Cente Shopping Fest Campaign

    CEO East Africa MagazineBanking & Financial ServicesSponsored ContentAugust 8, 2025August 8, 2025

    What is Cente Shopping Fest?“Cente Shopping Fest”, is a year-round campaign that allows Centenary Bank customers to pay with any Cente card and enjoy discounts at our various partners mainly…

    Archbishop Stephen Kaziimba Commends PostBank for Driving Financial Inclusion across the Country 

    Paul MurungiBanking & Financial ServicesCompany NewsAugust 6, 2025August 6, 2025

    The Archbishop of Church of Uganda, The Most Rev. Dr. Stephen Kaziimba Mugalu has commended PostBank Uganda for driving financial inclusion across the country. He applauded the team during a…

    I&M Bank launches ‘Tukikube ne I&M Bank’ campaign to empower SMEs through improved financial literacy

    Brian EmorutBanking & Financial ServicesCompany NewsJuly 30, 2025July 31, 2025

    I&M Bank Uganda hosted Small and Medium-sized Enterprises (SME) customers to a breakfast meeting, to discuss the potential of growing the sector through improved financial literacy. The event, held at…

    Bank of Uganda to Begin Buying Gold After Year-Long Wait

    Paul MurungiBanking & Financial ServicesThe Big StoryJuly 30, 2025July 30, 2025

    Uganda’s central bank is set to commence buying gold almost a year after announcing its domestic gold purchase programme, marking a significant shift in the country’s approach to reserve management…

    dfcu Bank Champions Inclusive Trade at Breaking Barriers to Trade 2025 Conference  

    Paul MurungiBanking & Financial ServicesCompany NewsJuly 29, 2025July 30, 2025

    dfcu Bank has reaffirmed its commitment to transforming Africa’s trade landscape through inclusive financial solutions, policy advocacy, and ecosystem partnerships. Speaking as a keynote speaker at the high-level gathering, Annette…

    Sanlam-Jubilee Allianz merger approved by IRA Uganda – insurance industry transformation.

    IRA Approves Sanlam-Jubilee Allianz Merger, Paving Way for Major Shake-Up of Uganda’s Insurance Sector

    Paul MurungiBanking & Financial ServicesThe Big StoryJuly 24, 2025July 26, 2025

    Uganda’s insurance sector is set for a major shake-up following regulatory approval for the long-anticipated merger between Sanlam General Insurance (Uganda) Limited and Jubilee Allianz General Insurance Company Limited. The…

    After Some Pushback, Will MTN Shareholders Today Approve Separation of Mobile Money? 

    Jeff WintersBanking & Financial ServicesThe Big StoryJuly 22, 2025July 22, 2025

    MTN shareholders will today vote on a matter that has tested investor confidence and drawn due attention on one of Uganda’s most profitable companies for almost two months now.   The…

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