On Tuesday November 8 2022, I&M Bank Uganda Ltd marked one year of serving the Ugandan market. The bank started its operations in Uganda in 2021, after acquiring Orient Bank….
Bank of Uganda (BoU) has officially approved Afriland First bank Uganda Limited’s request for voluntary closure. The central bank and banking sector regulator in exercise of it’s powers under section…
Centenary Group has congratulated its subsidiary, Centenary Bank, upon posting excellent performance results. Despite a challenging operating environment, the bank leveraged on technology, people and good relationships, to deliver good…
First of all, what does wealth creation mean for you and your clients at Standard Chartered Bank? Creating value for our clients comes first. Our recommendations are based solely on…
A report by the Ministry of Finance, Planning and Economic Development indicates that banks gave out loans worth UGX2.65 Trillion to the private sector in the first quarter of the…
The Financial Intelligence Authority FIA has downplayed the significance of notices being sent to some customers of commercial banks informing them of the identification requirements when making transactions with their…
First of all, tell us about the Agent Banking Company of Uganda Limited- who owns it and how is it run? Agent Banking Company of Uganda Limited (ABC) was incorporated…
Orient Bank has broken its silence on the sale of its 90% stake to Kenya’s I&M Holdings PLC. In a statement titled: Update statement on the proposed acquisition of Orient…
The amount of money where borrowers have not made any payments for at least three months grew by 15 per cent to UGX783 billion between January and March 2020, the…
Following a competitive bidding process and to take account of the increased number of beneficiaries under the national roll out-the Ministry of Gender, Labour & Social Development (MGLSD) has announced…
