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TodaySunday, May 03, 2026

credit institutions

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
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A photo collage of Bank of Uganda Supervision Director, David Kalyango, Finance Trust Bank Managing Director,Annet Mulindwa Nakawunde, and Board Chairperson, Dr. Evelyn Kigozi Kahiigi.

Bank of Uganda Approves Finance Trust Bank’s Application to Downgrade to a Credit Institution

The Bank of Uganda (BoU) has approved the transition of Finance Trust Bank Limited from a Tier I commercial banking licence to a Tier II credit institution licence, marking the latest adjustment
January 29, 2026
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