Company News

I&M Bank Uganda moves headquarters to the iconic Kingdom Kampala building

The CEO Magazine TeamBusiness & MarketsCompany NewsThe Big StoryMay 2, 2023May 2, 2023

I&M Bank Uganda has moved its head office to the modern and swanky Kingdom Kampala building.  In the customer notice posted on the bank’s social channels, the bank said: “We…

Housing Finance Bank profits reach a record UGX58.5 bn; becomes Uganda’s 5th most profitable bank

The CEO Magazine TeamCompany NewsNews & AnalysisThe Big StoryMay 2, 2023May 2, 2023

Housing Finance Bank, the government of Uganda and NSSF-owned lender is now Uganda’s 5th most profitable bank, jumping three positions from the 8th in 2021.  In 2022 results released last…

I&M Bank Uganda ends 3-year loss streak in solid form; announces UGX5.6 bn profit and key growth in deposits and assets

The CEO Magazine TeamC-Suite LeadershipCompany NewsThe Big StoryApril 28, 2023April 28, 2023

The benefits of Orient Bank’s acquisition and subsequent rebranding to I&M Bank Uganda and thereafter integration into the larger I&M Group Plc are unfolding with the bank’s release of its…

Grace Muliisa leads Ecobank’s double-digit growth and a turnaround to profitability

Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryWomen In LeadershipApril 28, 2023April 28, 2023

Ecobank Uganda, the Ugandan unit of the Ecobank Group has today published its 2022 results, reporting a marked double-digit turnaround on nearly all its key fundamentals. The bank also reported…

Buganda Katikkiro inaugurates new K2 Telecom Board; William Sekabembe to chair the 10-member team

The CEO Magazine TeamCompany NewsNews & AnalysisThe Big StoryApril 27, 2023April 27, 2023

The Katikkiro of Buganda Owek. Charles Peter Mayiga, on 26, April 2023, at Bulange Mengo, inaugurated the new Board of Directors to oversee the performance of K2 Telecom, a Kingdom-owned…

Ensuring that no African is left behind- the  role of satellite technology and services in Africa’s growth journey

theceomaCompany NewsNews & AnalysisThought LeadershipApril 26, 2023April 26, 2023

By Scott Mumford, Chief Commercial Officer Liquid Dataport & Chief Executive Officer Liquid Satellite Besides drumming up fascination on social media as people share photos and debate the “strange strings…

Housing Finance Bank and the Uganda North American Association (UNAA) partner to simplify investing back home

CEO ReporterCompany NewsNews & AnalysisApril 24, 2023April 24, 2023

Housing Finance Bank (HFB) Uganda has announced its partnership with the Uganda North American Association (UNAA) to offer investment solutions for Ugandans living in the Diaspora. The partnership also allows…

I&M Bank partners with Bweyogerere’s Al-waasi Muslim Charity 

CEO ReporterCompany NewsApril 24, 2023April 24, 2023

Committed to making a positive and measurable impact on the communities in which it operates, the Muslim community at I&M Bank Uganda, with the support of I&M Bank Uganda reached…

Financial Inclusion, Digital Advancement and Sustainable Banking⏤ Fabian Kasi explains Centenary Bank’s 2022 performance

Fabian KasiCompany NewsNews & AnalysisThought LeadershipApril 23, 2023April 23, 2023

I am pleased to present Centenary Bank’s 2022 financial results. Despite a challenging operating environment, we were able to maintain stellar performance. During 2022 our operating environment was affected by…

Centenary Bank’s 2022 net profit rises 18% to reach UGX249.6 billion

Muhereza KyamuteteraBusiness & MarketsCompany NewsThe Big StoryApril 23, 2023April 23, 2023

Uganda’s Centenary Bank has released its 2022 results announcing “substantial growth in 2022 especially in profits, deposits, gross loans, and total assets”. The bank reported an 18% growth in net…