Dr. James Mwangi, Group Managing Director and CEO of Equity Group Holdings Plc, the parent group of Uganda’s 8th largest bank by assets (UGX 2.627 trillion at end of 2019)…
Finance Trust Bank (FTB) has become the 3rd commercial bank to reduce its Prime Lending Rate, revising it to a significant 21 percent from 22 percent per annum up effective…
Equity Bank Uganda has revised its prime lending rate (PLR) reducing it significantly from 22% to 20.5% with effect from September this year. “We would like to inform our members…
The total assets of Uganda’s financial services industry reached UGX.45.81 trillion, or 44.3 percent of Uganda’s GDP, as at end December 2018. The banking sector, dominated 69% of these assets,…
Two major mergers and acquisitions in the Ugandan financial sector made headlines in 2008. One was the $25.3 million acquisition of Uganda Microfinance Limited (UML) by Kenya’s Equity Bank and…
Equity Bank Uganda, on 13th June, 2019 opened their latest Supreme Banking branch on Luthuli Avenue right opposite Nice House of Plastics. Supreme banking offers customized banking solutions with exclusive…
