Bank of Baroda Uganda Archives

Mr. Nathan Were is a Senior Operations Officer at the World Bank Group based in South Africa.

Uganda’s Banks Are Making the Safe Bet, but the Private Sector is Paying the Price.

There is nothing unusual about a bank buying Treasury bills. In fact, that is part of prudent banking. Government securities are safe, liquid, and predictable. But when too much bank money flows

May 4, 2026

News & Analysis·Opinion

Shashi Dhar, Bank of Baroda Managing Director

Shashi Dhar Drives Bank of Baroda Uganda Profit to UGX 156.8 Billion After Three Years of Strong Growth

Bank of Baroda Uganda has reported a 17.1 percent increase in profit after tax to UGX 156.84 billion in 2025, up from UGX 133.95 billion in 2024, underscoring a period of sustained

April 1, 2026

Banking & Financial Services·Business & Markets·The Big Story

A photo collage of top performing CEOs with highest total shareholder returns. Umeme MD Selestino Babungi, Airtel MD Soumendra Sahu, Bank of Baroda MD Shashi Dhar, Stanbic Bank CEO Mumba Kalifungwa, and Quality Chemicals' boss, Ajay Kumar Pal.

Dividend Power: Crested Capital Names the Black Diamonds of the USE at HI2025

Crested Capital has released its mid-year report card on the performance of local counters on the Uganda Securities Exchange (USE), highlighting the stocks delivering the highest total shareholder returns (TSR) in the

August 27, 2025

Banking & Financial Services·The Big Story

Uganda’s Q1 Stock Market Champions: Airtel Uganda, QCIL, Stanbic, and Bank of Baroda have been named to Crested Capital’s inaugural Black Diamonds list after delivering total shareholder returns above 25% — outshining government securities in the first quarter of 2025.

Airtel, Quality Chemicals, Stanbic Uganda and Bank of Baroda Make It to Crested Capital’s Q1 2025 Black Diamonds List

Crested Capital, a leading investment advisory firm and licensed broker on the Uganda Securities Exchange (USE), has unveiled the inaugural edition of its “Black Diamonds” list — a quarterly watchlist of top-performing

April 8, 2025

Company News·News & Analysis·Sponsored Content·The Big Story

Bank of Baroda head office on Kampala Road. The bank will go ahead to pay dividends for 2020

Bank of Baroda’s Customer Centric approach pays off, UGX83.3 billion Profit Registered

As the world was reeling from the effects of the Covid-19 pandemic; the banking sector not spared, Bank of Baroda Uganda and the Group in general says it was able to register

April 28, 2021

Company News

Bank of Baroda appoints new Executive Director

Bank of Baroda Uganda has made a major change in management by appointing Bhati Prithvi Singh as the new executive director. Prithvi Singh replaces Manoj Kumar Bakshi as of March 25th 2021

April 16, 2021

Company News

The Uganda securities Exchange has imposed a security halt on the NVL counter effective February 11, 2022 until further notice

Equity markets register sharp decline in trading amid Covid-19

Trading in the second quarter of 2020 registered a tremendous decline as Uganda’s equity markets continued to feel the impact of the COVID-19 pandemic. “While the ultimate growth outcome is still uncertain, and an even

July 30, 2020

Banking & Financial Services

PEOPLE, MONEY & POWER: Uganda’s 45 Most Powerful and Influential People in Banking, 2019

The total assets of Uganda’s financial services industry reached UGX.45.81 trillion, or 44.3 percent of Uganda’s GDP, as at end December 2018. The banking sector, dominated 69% of these assets, followed by

November 17, 2019

The Big Story

Bank of Baroda Uganda