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Financing The Real Economy: Who Are Uganda’s 10 Most ‘Hardworking’ Banks?

CEOs of Uganda’s Most Hardworking Banks – Clockwise from the top: Finance Trust Bank’s Annet Nakawunde Mulindwa; Centenary Bank’s Fabian Kasi; KCB Bank Uganda’s Edgar Byamah; PostBank Uganda’s Julius Kakeeto; Cairo International Bank’s Sylvia Jagwe Owachi (Ag. Managing Director); Housing Finance Bank’s Michael Mugabi; Bank of Baroda Uganda’s Shashi Dhar (Managing Director & CEO); Stanbic Bank Uganda’s Mumba Kalifungwa; and Absa Bank Uganda’s David Wandera. These leaders are steering Uganda’s most dynamic banks, putting deposits to work for the real economy.

Against a backdrop of slowing credit appetite and shifting investment strategies, Uganda’s commercial banking sector recorded UGX 35.24 trillion in customer deposits in 2024, up from UGX 33.60 trillion in…

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