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The Archbishop of Church of Uganda, The Most Rev. Dr. Stephen Kaziimba Mugalu has commended PostBank Uganda for driving financial inclusion across the country. He applauded the team during a…
PostBank Uganda is pleased to announce the appointment of Mr. Martin Mugisha as Executive Director Operations. Mr. Mugisha, who has until recently been the Chief Credit Officer at PostBank Uganda,…
PostBank is aTier 1 fully fledged digital commercial bank at the heart of Uganda’s economic growth by economically transforming the lives of millions of Ugandans and businesses, in partnership with the government. To oversee the bank’s transformation and deliver on the new promise, PostBank’s Managing Director Julius Kakeeto, attracted several financial services experts across different levels. These experts have been at the forefront of revolutionising the bank’s operations and success, transforming the bank into an admirable, award-winning financial services brand. Kakeeto believes banking is a service of immense skill. “You must have the right skill set, and you must have…
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By Martin Mugisha In to the Monetary Policy Report February 2022, the Bank of Uganda said that Private Sector Credit (PSC) growth lost momentum in the quarter to December 2021, due to the uncertainty over a pickup in economic activity, especially as the number of COVID-19 infections were on the rise in November and December 2021 and the increase in Net Domestic Financing (NDF) requirements. Indeed, year-on-year growth in PSC fell to an average of 9.0 percent, down from 9.7 percent in the quarter to September 2021. This comes at the back of the late Bank of Uganda Governor Emmanuel…
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