In a transaction set to reshape Uganda’s banking landscape, Absa Bank Uganda signed an agreement in October last year to acquire the Wealth and Retail Banking (WRB) business of Standard…
Financing Company for Development (FMO), the Dutch Entrepreneurial Development Bank, has extended a USD 20 million senior unsecured facility to I&M Bank (Uganda) Limited to support lending to small and…
Hardly two weeks after Absa Group CEO Kenny Fihla concluded a high-level working visit to Nairobi, Kenya, the Group this week announced that it had hired Sitoyo Lopokoiyit as its…
In a few weeks, Stanbic Bank Uganda — the country’s largest commercial bank — will release its full-year 2025 results. If its first-half performance is any indication, the bank is…
South Africa’s Nedbank Group has unveiled plans to acquire approximately 66% of the issued ordinary share capital of Kenya’s NCBA Group. The move is set to hand the Johannesburg-listed lender…
Anne Juuko, previously the Regional Head, East Africa for Global Markets at Standard Bank Group, has resigned her role effective 30th November 2025, CEO East Africa Magazine can exclusively reveal….
Former Stanbic Bank Kenya CEO and recently the Regional Chief Executive for Stanbic, East Africa, Joshua Oigara has shared a concise but powerful set of principles on building alignment between…
Effective today, September 1st, Joshua Nyamweya Oigara takes over the helm of Standard Bank’s East Africa operations, becoming Regional Chief Executive for a cluster that includes Stanbic Bank Kenya, Stanbic…
Equity Bank has been named Best Regional Bank in East Africa at the 2025 African Banker Awards held in Abidjan, Côte d’Ivoire. This prestigious award highlights the Bank’s significant role…