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…
What began as one of the most closely watched cross border banking acquisition plans in East Africa has now officially fallen apart. The proposed takeover of Uganda’s Finance Trust Bank…
When Bank of Uganda, on Thursday (January 29, 2026), announced that Finance Trust Bank had been authorised to transition from a Tier I commercial bank to a Tier II credit…
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…
Mathias Katamba is the Board Chairman of UNOC. He is a Governance, Leadership and Strategy Consultant, as well as an Executive Coach with over 25 years of high-level corporate experience. He is the Founder and Team Leader at MAKLEAD, a consulting and business advisory firm and currently serves on several Boards in multiple sectors. He is also an accomplished Banker and has previously served as Chief Executive of 3 commercial Banks (Finance Trust Bank, Housing Finance Bank and dfcu Bank) in addition to co-founding Progression Capital Africa, an East African Financial Inclusion Private Equity Fund. He has in addition previously…
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Homegrown leaders are reshaping Uganda’s financial sector—one institution at a time. Fabian Kasi, Annet Nakawunde, and Veronicah Namagembe have each led their banks for over a decade, driving remarkable growth,…
Mrs Mary Oduka-Ochan has had an illustrious career, spanning various roles from marketing to social development. And throughout the years, she has made a mark and continues to do so. She shares her journey, lessons, and tips with CEO Magazine. Tell us about yourself I am a child of God, and this is one of my most important identities. Apart from this, I am a wife, mother, grandmother, and a friend to many. I also want to believe I am a people person who particularly invests in the development of young people. Professionally, I consider myself a development specialist and…
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Finance Trust Bank was established in 1984 with a mission to empower women to achieve their dreams and has over the last 40 years helped tens of thousands of women…
Finance Trust Bank has launched a UGX 23 billion kitty in GROW loans to over 3000 women during a financial literacy training program at UMA Multi-purpose hall in Kampala. Ms Annet Nakawunde, the Managing Director of Finance Trust Bank said the UGX 23 billion is an open fund targeting women across the country with the need of financing between UGX 4 million to UGX 200 million. The GROW loan product designed to support women in business, agriculture, and trade at 10.5 percent. The loans have been clustered into three segments including; Women in Business Loan designed for a category of…
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Dr. Mahmoud Momtaz, the Chairperson of The Common Market for Southern and Eastern Africa (COMESA) Competition has cleared the merger and acquisition of Uganda’s Finance Trust Bank with Nigeria’s Access Bank, a decision that is slated to impact market dynamics in East Africa’s banking industry. Access Bank will acquire up to 80.89% of the issued shares, which is a subscription of 35 million ordinary shares pursuant to the proposed capital investment into Finance Trust Bank from the initial proposed acquisition of 69.7 percent. Upon completion of the proposed transaction, Finance Trust Bank institutional shareholders including, Oiko Credit Ecumenical Development Cooperative…
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