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TodaySaturday, May 02, 2026

bank results 2019

LEFT-RIGHT: Top 5 bank CEOs- Anne Juuko, Stanbic Bank; Fabian Kasi, Centenary Bank; Mumba Kalifungwa, Absa Bank; Albert Saltson, Standard Chartered Bank and Matthias Katamba, dfcu Bank

UGX 906 bn in profits; 2019 was a good year for Ugandan banks

Eighteen (18) profit-making commercial banks in Uganda, made a UGX906 billion (USD238.5 million) in profits in 2019. This was a 14% increase from UGX794.7 billion in 2018 profits. This was on account
May 11, 2020
L-R: Steven Opio, Executive Director – Corporate and Investment Banking, Nazim Mahmood, Former Managing Director, Nadine Byarugaba, Acting Board Chair, Marie Jamieson, Absa Group Head of Marketing and Communications and Michael Segwaya, Executive Director and Chief Finance Officer at the Absa Bank Uganda Head Office on Hannington Road last year following the receipt of a license to trade and operate from Bank of Uganda.

Absa Bank Uganda’s assets reach UGX3.4 trillion; moves from fifth to third-largest bank

22% surge in customer deposits propels growth in customer lending and investments; creating a UGX3.4 trillion asset base, allowing Absa to overtake Standard Chartered Bank and dfcu Bank to become Uganda’s third
May 4, 2020
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LEFT-RIGHT: Kin Kariisa, Gertrude Lutaaya, Clement Dodoo and Annette Kihuguru; Ecobank Uganda’s Chairman, Non-Executive Director, Managing Director and Executive Director respectively.

Ecobank Uganda’s assets hit a record UGX671.1 billion; ready to mingle with the big banks

Ecobank Uganda, this week released their 2019 results, reporting a 60 per cent increment in the bank’s assets from UGX420 billion in 2018 to UGX671.3 billion at the end of 2019. Assets
April 30, 2020
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