The recently launched Mobile Credit Score by gnuGridCRB and Airtel Mobile Commerce Uganda Limited (AMCUL) promises to further unlock access to credit for the vast majority of Ugandans in the...
When Dr Martin Aliker died on Monday April 15, 2024, aged 95, he had lived a long illustrious life during which he sported many hats of responsibilities; one of them...
I&M Bank Uganda has released its 2023 annual performance results showing accelerated growth and profitability since the I&M Group Plc acquired the former Orient Bank in 2021. I&M Group Plc...
As the dust settles on the first 4 months of 2024, dfcu bank is pivoting towards innovation using cutting edge technologies to drive efficient and seamless banking operations for the ...
The government of Uganda has released more money towards its household poverty alleviation initiative, the Parish Development Model (PDM). This was confirmed by PostBank Uganda, the gov’t distribution partner of...
Absa Bank Uganda has flagged off the 10 golfers from Uganda who will be taking part in the Pro-Am event of the 2024 Magical Kenya Open. The tournament starts next…
I&M Bank Uganda over the weekend successfully completed an upgrade of its core banking system to Finacle 10, promising its customers, an improved banking experience. Finacle is an industry leader…
In a re-affirmation of its commitment to enabling financial independence and sustainable home ownership, Housing Finance Bank has launched the ‘Fuuka Don’ salary loan campaign. The initiative aims to alleviate…
The Bank of Uganda has in a statement said big ticket depositors who held more than UGX 10m in deposits in the collapsed EFC Uganda bank, will have to exercise…
Bank of Uganda, Uganda’s central bank, on January 19th, 2024 placed EFC Uganda Limited under liquidation, revoked its license, and ordered the winding up of its affairs. This in effect…
Bank of Uganda has revoked the license of EFC Uganda Limited, a microfinance deposit taking institution because it is undercapitalized. In a statement from the deputy governor of the central…
Access Bank Plc (Access), one of Africa’s largest banking groups, is acquiring 80% of Uganda’s Finance Trust Bank, it has been confirmed. CEO East Africa Magazine first broke news of…
Patricia Nshemereirwe has been appointed as Chief Operating Officer, Absa Bank Uganda Ltd. In a statement, the bank said Nshemereirwe is a seasoned financial services professional with 20 years of…
Access Bank Plc (Access), one of Africa’s largest banking groups, is set to acquire Uganda’s Finance Trust Bank, highly-placed industry sources have told CEO East Africa Magazine. Access Bank Plc,…
Centenary Group, the parent company to Centenary Bank, recently celebrated its 40th anniversary with a lavish event to commemorate its four-decade impact on the Ugandan financial sector. Having transformed from…