gaziantep escort,escort bayan,beylikdüzü escort,
alanya escort,gaziantep escort
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…
A fixed deposit is the plainest promise a bank can make. Lock away your money for a set period, and in return, you get a guaranteed return. It is designed for savers who prefer certainty over speculation. But why do banks pay more for fixed deposits than for ordinary savings accounts? The answer lies in how banking itself works. Logic behind fixed deposits At its core, banking is a balancing act between borrowing and lending. Deposits are liabilities; loans are assets. Banks attract funds through current, savings, and fixed accounts. Current accounts offer liquidity but no interest. Savings accounts pay…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
With only a few days left to the June 30th 2023 compliance deadline for banks that failed to raise UGX120 billion in both share capital and core capital by December 31st 2022, a number of the affected banks are in last-minute mad dashes to raise the capital needed or else face a raft of regulatory sanctions that could include closure. According to a tabulation by CEO East Africa Magazine, as of December 2022, out of the 25 banks, as per published financial results, at least 10 banks didn’t meet the thresholds on share capital while 11 did not meet the…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Ruth Asasira has been appointed as Manager Women in Business and Special Programs at dfcu Bank. Ruth has 12 years of experience in the financial services sector, and is a dynamic microfinance practitioner, certified financial literacy trainer, with experience in product and business development. She is passionate about Youth and Women Empowerment and has previously developed and implemented Women and Youth led financial inclusion projects. She joins dfcu Bank from Opportunity Bank where she served as the Segment and Product Manager- Microfinance for a period of (4) years. Prior to that, she worked at Finance Trust Bank as the Product…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Opportunity Bank has appointed microfinance and financial inclusion expert, Robert Ongodia as its new Managing Director for Uganda, to replace Tineyi Mawocha. Mr. Mawocha, remains the Regional Director, Africa, a role he has playing concurrently since July 2019. Phillip Karugaba, the bank’s Board Chairman confirmed the appointment to CEO East Africa Magazine. “Yes, Robert Ongodia is our new Managing Director. Tineyi Mawocha, his predecessor, has been elevated to a regional position based in Kampala,” he said. Ongodia has been the Senior Director, Global Investments for Accion Global Investments, a global non-profit committed to creating a financially inclusive world with key investments…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Effective September 13th, Opportunity Bank Uganda Limited (OBUL) – previously a tier 2 credit institution, started operating as a fully-fledged commercial bank, licensed by Bank of Uganda- the industry regulator. Although newly licensed as the 26th commercial bank, Opportunity Bank won’t have to start from scratch, thanks to its 24-year presence in the market. The bank hits the ground running, with a country-wide network consisting of 20 branches and 2 service centres- 68% of the branches are in rural towns serving the bottom of the market. Going by 2018 results of the financial services sector, OBUL also enters the big…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
beylikdüzü escort
beylikdüzü escort
