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TodayFriday, May 15, 2026

Guaranty Trust Bank Uganda

Kenneth Kisambira, CEO of UBA Uganda (left), and Ms. Ali Fatima, Acting Managing Director of GTBank Uganda (right), lead the Ugandan subsidiaries of Nigeria’s banking giants—two institutions still striving to convert Pan-African ambition into sustained local impact amidst fierce competition from regional and local peers.

Nigerian Banks Fail to Deliver on Their Threat to Shake Up Ugandan Market

In a 2007 pre-opening interview with the CEO East Africa Magazine, Manz Denga, the then United Bank for Africa (UBA) Managing Director, spoke strongly about his bank’s ambitions in Uganda. “Ugandan banking
May 18, 2025
Fatima Ali, Acting Managing Director, Guaranty Trust Bank Uganda. She is steering the bank through a challenging transition period following its downgrade to a Tier II Credit Institution, amid declining deposits, reduced lending, and efforts to restore profitability.

Guaranty Trust Bank Sees Key Declines And First Loss In 5 Years In Its First Year As Tier II Institution

Guaranty Trust Bank (Uganda) Limited has reported its first loss in over five years, highlighting the difficult transition it is facing after downgrading to a Tier II Credit Institution in 2024. The
April 27, 2025

 

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