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    Dr. Tumubweinee Twinemanzi

    dfcu Bank lauded for 60 Years of Financial Innovation and Customer Commitment

    by Paul MurungiCompany NewsThe Big StoryJuly 1, 2024August 12, 2024

    dfcu Bank marked its 60th anniversary at a grand gala, celebrating six decades of operation and impactful service towards fulfilling its purpose of ‘Transforming Lives and Businesses. The Diamond anniversary…

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    Banks to stop penalising borrowers for early loan repayments this week

    by Muhereza KyamuteteraNews & AnalysisThe Big StoryNovember 27, 2023November 27, 2023

    This week, starting on December 1st 2023, millions of Ugandan borrowers from Supervised Financial Institutions (SFIs) have cause to smile. The SFIs, under their Uganda Bankers Association (UBA), will cease…

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    Absa Bank Uganda trains financial institutions’ compliance experts on ethics, conduct

    by Muhereza KyamuteteraCompany NewsFinanceNews & AnalysisOctober 17, 2023October 17, 2023

    In a bid to equip the financial sector with practical knowledge on ethical framework and conduct in daily operations, Absa Bank Uganda has conducted a one-day training for sector compliance…

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    Ugandan Banks Succumb To Central Bank Pressure To Drop Charges On Early Loans Repayment

    by Muhereza KyamuteteraIndustry & AnalysisThe Big StoryOctober 17, 2023October 17, 2023

    Ugandan banks have, under pressure from the central bank, agreed to drop a long-practised, but infamous practice of ‘fining’ customers for settling their outstanding loan obligations early. According to a…

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    Uganda’s undercapitalised banks in a last-minute scramble to beat June 30th 2023 deadline

    by Muhereza KyamuteteraIndustry & AnalysisThe Big StoryJune 20, 2023June 20, 2023

    With only a few days left to the June 30th 2023 compliance deadline for banks that failed to raise UGX120 billion in both share capital and core capital by December…

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