Commercial Banks Archives – CEO East Africa

Under the leadership of Annet Nakawunde, Finance Trust Bank has continued to post growth in assets, customers, and outreach—demonstrating operational resilience and strategic focus even after transitioning to a lower banking licence.

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

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, the Bank

February 5, 2026

Banking & Financial Services·The Big Story

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

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 April 1,

January 29, 2026

Banking & Financial Services·The Big Story

Some of the commercial bank brands in Uganda

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

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)

July 11, 2024

The Big Story

Bank of Uganda's annual report for FY 2022/2023 shows that the economy grew by 5.3%

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

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 also sheds

November 14, 2023

News & Analysis·Politics & Goverment