Commercial Banks Archives – CEO East Africa

Finance Trust Bank becomes a Tier II Credit Institution: 10 things you must know

Muhereza KyamuteteraBanking & Financial Services The Big StoryFebruary 5, 2026February 8, 2026

To begin with, the licence downgrade was not the result of weak performance or regulatory distress. Rather, it stemmed from structural shifts in Uganda’s banking regulatory framework. In recent years,…

Finance Trust Bank Transition: What Will Change for Depositors and Borrowers

Paul MurungiBanking & Financial Services The Big StoryJanuary 29, 2026January 31, 2026

Finance Trust Bank has outlined the next phase of its operations after receiving approval from the Bank of Uganda to continue business under a Tier II Credit Institution licence, effective…

Commercial Banks’ lending rates rise to 20 percent in 3 months as credit demand drops to UGX 5.1 trillion

Paul MurungiThe Big StoryJuly 11, 2024July 12, 2024

The Central Bank of Uganda (BOU) has indicated that the quoted lending rates for commercial banks rose in the three months to April, averaging 20.8 percent, just 20 basis points (0.2 percent) above the reading in the three months to January 2024. The details contained in the new BOU State of the Economy report shows that the weighted average shillings…

10 Key Issues from the BOU Annual Report: Each board member is paid retainer of UGX 5 million per month!

CEO ReporterNews & Analysis Politics & GovermentNovember 14, 2023November 14, 2023

Bank of Uganda recently released its annual report for 2022/2023. The report highlights the central bank’s performance in relation to its major obligation as the guardian of country’s economy. It…