2022 Bank Performance

Anthony Kituuka, Equity Bank Uganda’s Managing Director.

Q&A: Equity Bank’s Anthony Kituuka, talks about doing well while doing good and a digitally-led inclusive ambition to 5 million customers by end of 2025

The interview takes place against a backdrop of significant positive performance, as reported in the 2022 published financials. Equity Bank Uganda, registered significant growth, reporting a 32% growth in customer numbers from
Anthony Kituuka, the Equity Bank Managing Director says the 2022 performance demonstrates resilience in the face of economic contraction and other associated challenges and tests a firm foundation to deliver on the bank’s strategic priorities and further strengthen our financial performance moving ahead.

Equity Bank breaks into Uganda’s top 5 banks; designated Domestic Systemically Important Bank by Central Bank

Despite taking a 46.7% drop in 2022 net profit, Equity Bank Uganda still managed to make significant growth and key market share gains in customer deposits, lending, income and assets and capped
Dr. Tumubweinee Twinemanzi, PhD, the Bank of Uganda Executive Director is having hard conversations with undercapitalised banks.

What next for Uganda’s undercapitalised banks? 

On the 16th of November 2022, the Financial Institutions (Revision of Minimum Capital Requirements) Instrument 2022 was signed into law by Uganda’s Minister of Finance, Planning and Economic Development (MFPED), Hon. Matia
A panel of female entrepreneurs at the 2022 launch of Ecobank’s Ellevate Program, a women-led business sustainability initiative that has since trained over 2,000 women-led businesses, equipping them with the skills and digital tools to sustain and grow their businesses.

OPINION: Ecobank Uganda’s 2022 strong performance demonstrates our renewed customer commitment and enhanced value propositions  

Ecobank Uganda registered a strong performance turnaround during the year ending 2022, with audited Profit before Tax (PBT) increasing by 157% to UGX 4.5 billion in 2022, while Profit After Tax (PAT)
Varghese Thambi, DTB Uganda's Managing Director & CEO. He has presided over the bank's robust growth into one of the country's top 20 banks.

2022 net profits at Diamond Trust Bank’s Ugandan unit grow 16.2% to UGX35.8 bn

Diamond Trust Bank Uganda, the Ugandan subsidiary of the Kenya-headquartered Diamond Trust Bank Group has released its 2022 financials reporting double-digit growth in deposits, lending, income, profits and assets. According to results
The architects and drivers of I&M Bank Uganda's tranformations⏤ Suleiman I. Kiggundu, the Board Chairman; Kumaran Pather, the Managing Director & CEO as well as Sam Ntulume, the Ag. Managing Director & CEO

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 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 first full

 

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