Owen Amanya

Despite transitioning from a Tier I Commercial Bank to a Tier II Credit Institution in 2024, Opportunity Bank Uganda Limited has proven resilient, maintaining profitability, growing its loan book, and deepening its social and environmental impact across Uganda. The change in license status followed a sharp increase in capitalisation requirements imposed by the Bank of Uganda (BoU). In 2022, BoU raised the minimum capital for commercial banks from UGX 25 billion to UGX 150 billion, a six-fold increment. Facing the new thresholds, Opportunity Bank, alongside ABC Capital Bank Uganda and Guaranty Trust Bank Uganda, elected to downgrade to Tier II…