Financial Stability Archives

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

Banking & Financial Services·The Big Story

Robin Bairstow on Growth, Stability, and the SME Push at I&M Bank Uganda

With retail and SME lending delivering double-digit growth and a major digital overhaul complete, Robin Bairstow, CEO of I&M Bank Uganda, is steering the bank into its next growth phase. Speaking to

August 16, 2025

The Big Story

Sanjay Rughani addresses stakeholders at the Standard Chartered Bank-hosted Information and Cyber Security Workshop. To combat cybersecurity risks, he calls for steadfast commitment, for "the stakes are high". "But with proactive strategies and collective action, we can mitigate risks, strengthen financial stability, and unlock the full potential of digital innovation in Uganda and beyond," he argues, adding: “The consequences of failure in cybersecurity are more impactful than ever,” he warned, citing rising data breach costs and growing threats across especially the financial services sector.

OPINION: The Imperative of Information and Cyber Security in the Digital Age

In an era where digital technology has become the backbone of modern business operations, the importance of Information and Cyber Security (ICS) cannot be overstated. As Uganda’s financial sector embraces digital transformation,

March 21, 2025