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.I&M…
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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 98…
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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 performance….
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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 what’s…
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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…
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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…
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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…
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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…
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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…
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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…
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