By Peter Ssenyange For a long time, the success of a bank was measured in numbers: quarterly margins, loan-to-deposit ratios, and cost-to-income efficiency. But today, that narrative is being rewritten. In an era defined by global uncertainty, environmental awareness, and social transformation, profitability alone no longer tells the full story. The question that defines the future of banking is not whether a bank can be profitable, but whether it can be relevant to its customers, its community, and its country. As we transition from PostBank Uganda to Pearl Bank Uganda, we have embraced this truth as the foundation of our…
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In a landmark partnership that signals collaboration over competition, Pearl Bank Uganda (formerly PostBank Uganda), a leading government-owned financial institution and Stanbic Bank Uganda, the country’s largest commercial bank, have…
Uganda’s agent banking industry has entered a new phase with latest data from Bank of Uganda painting a picture of a sector in full bloom. As of June 2025, the…
As Uganda heads into another electoral cycle, the National Resistance Movement (NRM) has unveiled its 2026–2031 Manifesto, branding it a programme for “consolidating socio-economic transformation.” The document doubles as both a balance sheet of what the party says it has delivered since 1986 and a forward-looking plan for the next five years. At its heart, the manifesto sets out a vision of industrial growth, agricultural modernisation, financial inclusion, and digital innovation. It also places heavy emphasis on stability, infrastructure, and regional trade. It frames these as foundations on which Uganda’s next phase of transformation will stand. The economic broad vision…
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In a bold move to deepen financial inclusion across Uganda, Wendi, a digital mobile wallet developed by PostBank Uganda which has embarked on a journey to rebrand to Pearl Bank,…
A Leader Among the People As the sun dipped below the horizon on July 14, 2025, President Yoweri Museveni entered Kampala, marking the grand finale of his nationwide Parish Development…
A trillion shillings has been disbursed to Parish Development Model (PDM) beneficiaries through Wendi, a digital wallet developed by PostBank Uganda, marking a significant milestone in Uganda’s push for financial…
Numbers Don’t Lie. In 2024, PostBank Uganda posted a record UGX 35.4 billion in net profit—up 28.7% from UGX 27.5 billion in 2023. Customer deposits surged 25.4% from UGX 789.8…
In 2023, PostBank Uganda (PBU) launched an innovative digital wallet called Wendi. The mobile wallet was designed to foster prosperity for Ugandans by bridging the financial inclusion divide and extending…
Wendi Mobile Wallet, a payment platform developed by PostBank has facilitated the disbursement of UGX 520 billion to 10,589 Savings and Credit Cooperatives (SACCOs) across Uganda, marking a significant milestone in the country’s financial inclusion journey. According to George Kiyingi, Head of Agent Banking and Fintech Distribution at Wendi, the partnership with the government’s Parish Development Model (PDM) program has been instrumental in driving financial inclusion in Uganda. “By aligning with the PDM, the government banks through Wendi have been able to facilitate the disbursement of UGX 580 billion directly to SACCOs across more than 150 districts,” Kiyingi said. “This…
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