Post Bank Archives – CEO East Africa

Q&A: One year as Managing Director at Post Bank Uganda, what has Julius Kakeeto been up to?

Muhereza KyamuteteraBanking & Financial Services The Big StoryOctober 1, 2020October 1, 2020

What is the current state of business at Post Bank? Postbank Uganda (PBU) is a socially-oriented bank fully owned by the Government of Uganda. PBU was incorporated under the companies ACT in 1998. The Bank’s mission is to offer affordable financial services that drive financial inclusion for social-economic development. The bank has a network of 43 branches (an additional 4 ready branches that are awaiting approval by BOU will take the number to 47) and 14 mobile banking vans (Bank On Wheels). As part of its efforts towards financial inclusion, PBU has a focus on Agriculture and Micro, Small and…

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PEOPLE, MONEY & POWER: Uganda’s 45 Most Powerful and Influential People in Banking, 2019

Muhereza KyamuteteraThe Big StoryNovember 17, 2019January 15, 2023

The total assets of Uganda’s financial services industry reached UGX.45.81 trillion, or 44.3 percent of Uganda’s GDP, as at end December 2018. The banking sector, dominated 69% of these assets, followed by Pension Funds at 22%, then Funds under Management (6%) and lastly the insurance sector at 3%, according to Bank of Uganda’s Financial Stability Report, June 2019. According to the report, as at end June 2019, the banking sector, continued to flourish with commercial banks accounting for 95.2 percent (UGX30.3 trillion) of the banking sector’s total assets of UGX.31.8 trillion. This was followed by the Microfinance Deposit-taking Institutions (MDIs)…

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