Bank Profitability Uganda Archives

Charles Mudiwa (left), CEO & Managing Director of dfcu Bank, and Jimmy D. Mugerwa, Chairman of dfcu Limited. Under Mudiwa’s leadership, dfcu Bank—the Group’s principal subsidiary—has delivered three consecutive years of growth, driving the bulk of the Group’s earnings recovery and underpinning its return to stability, profitability, and shareholder value creation.

Charles Mudiwa leads Uganda’s dfcu Bank through 3 Straight Years of Growth— 2025 net profit reaches UGX 81.5 bn

dfcu Bank has this morning released its full-year 2025 financial results, delivering a third consecutive year of recovery and growth under Chief Executive Officer Charles Mudiwa, with net profit rising to UGX

March 30, 2026

Banking & Financial Services

Mark Muyobo, Managing Director & CEO, NCBA Bank Uganda

Beyond the Numbers: How NCBA Bank Is Powering Inclusive Growth in Uganda

Over the past four years, since the merger of two Financial Institutions in 2019, NCBA Bank Uganda has firmly established itself as one of the fastest-growing and most profitable financial institutions in

September 23, 2025

News & Analysis·Thought Leadership

A visual round-up of all 23 commercial banks that defined Uganda’s banking story in 2024—a year marked by record UGX 1.63 trillion profits, UGX 4.08 trillion asset growth, big-bank dominance, mid-tier breakthroughs, and sector-wide profitability, save for one new entrant.

Uganda’s Banks in 2024: Profits Surge, Giants Hold Ground, and Mid-Tier Challengers Rise

Uganda’s banking industry closed 2024 on a notably stronger footing, driven by robust asset expansion, a resurgence in profitability, and intensified market competition. For the first time in over a decade, all

May 5, 2025