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    Banking Industry in UGanda

    What next for Uganda’s undercapitalised banks? 

    Muhereza KyamuteteraIndustry & AnalysisThe Big StoryMay 8, 2023January 18, 2024

    On the 16th of November 2022, the Financial Institutions (Revision of Minimum Capital Requirements) Instrument 2022 was signed into law by Uganda’s Minister of Finance, Planning and Economic Development (MFPED),…

    From BMCE Bank of Africa to simply, “Bank Of Africa”— a story of commitment to Africa, resilience, and growth of one of Africa’s largest banking groups

    Muhereza KyamuteteraThe Big StorySeptember 16, 2022September 16, 2022

    Due to an explosion of technology, the world is becoming one big borderless global trading village, active 24/7. The way of life is now more synchronized providing endless opportunities for…

    Anthony Ndegwa exits NCBA Bank Uganda; replaced by Mark Muyobo as Ag Managing Director & CEO

    Muhereza KyamuteteraCEOsFinanceIndustry & AnalysisThe Big StoryDecember 3, 2021June 16, 2022

    Anthony Ndegwa the Managing Director & Chief Executive Officer of NCBA Bank Uganda is leaving his position, effective next week, CEO East Africa has exclusively established. He is being replaced…

    Stanbic Bank cuts Prime Lending Rate to a record low of 16 percent

    CEO ReporterCompany NewsJuly 8, 2020July 8, 2020

    Stanbic Bank Uganda has yet again reduced its Prime Lending Rate, saying the move is in response to the prevailing market conditions. The bank has set the prime lending rate…

    MONEY, PEOPLE & POWER: The 10 bank CEOs that control 80% of Uganda’s banking sector

    Jeff WintersFinanceThe Big StoryJune 22, 2020June 29, 2020

    #1. Anne Juuko Chief Executive, Stanbic Bank Period in Charge: 4 months 2019 Asset Value: UGX6.6 trillion Market Share: 20.2 per cent Industry Rank: 1 Stanbic Bank has maintained the…

    Uganda Bankers Association and Fintechs association to collaborate on digital financial services product development

    Muhereza KyamuteteraFinanceICTMarch 9, 2020March 10, 2020

    The Uganda Bankers Association (UBA) and Financial Technology Service Providers Association (FITSPA) have signed a strategic collaboration agreement aimed at promoting innovation, knowledge sharing and professional practices in the development…

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