PostBank Uganda- Page 3

Matia Kasaija (2nd R), Minister of Finance, Planning, and Economic Development, Evelyn Anite (2nd L), State Minister of Finance for Investment and Privatization, Andrew Otengo Owiny (R), PostBank Uganda Board Chairman, and Julius Kakeeto (L), PostBank Uganda Managing Director during the bank’s 2024 Annual General Meeting (AGM) today 5th June 2025 at the Ministry of Finance, Planning and Economic Development (MoFPED) offices in Kampala, where its performance was commended by the shareholder, highlighting the bank’s solid performance and being among the most profitable Government entities after posting Ushs. 35.4 billion Profit After Tax (PAT) in 2024 Financials.

From PostBank to Pearl Bank: Uganda’s Boldest Banking Transformation Shines On

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 billion to
June 6, 2025
(3rd Left) Andrew Kabeera, PostBank Uganda Executive Director, Ibrahim Kato (2nd Right) Chief Chief Retail Officer at PostBank Uganda and other officials during the ACF Awards

PostBank Wins Top BoU Award as Small Business Recovery Fund Grows to UGX 30 Billion in Disbursements

PostBank Uganda emerged as the overall best-performing Tier 1 Bank recognised by the Bank of Uganda at the Award Ceremony for Participating Financial Institutions in the Agricultural Credit Facility (ACF) and the
PDM beneficiaries receiving guidance from Pearl Bank Uganda staff on how to access their funds via Wendi Mobile Wallet.

Wendi, PostBank’s Mobile Wallet Hits Over 1 million Users thanks to its 10% Annual Interest Incentive

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 affordable financial
Agribusiness SMEs and cassava farmers from Arua District who benefited from value addition training under the Postbank Agri-SME Skills Development Programme. Postbank's loan book growth has been as a result of such training initiatives.

PostBank reports 24% Growth in Agribusiness Loan Book

PostBank Uganda has recorded a 24% growth in its agribusiness loan book between 2023 and 2024, reflecting the bank’s robust commitment to transforming Uganda’s agricultural sector. This growth is a testament to
PostBank Uganda, Managing Director, Julius Kakeeto (2nd L) PostBank Uganda Executive Director, Andrew Kabeera (L), joined by Richard Yego (C), Chief Executive Officer of MTN MoMo and other officials during the launch of Xtracash, a digital Micro Lending solution that is positioned to extend short term facilities to MTN mobile money subscribers financed by PostBank Uganda. The launch was held today, 27th September 2024 at Kingdom Kampala at Wendi by PostBank Uganda Offices.

PostBank, MTN MoMo Partner to Usher More Ugandans into the Money Economy Through the XtraCash Product

PostBank Uganda (PBU) in partnership with MTN Mobile Money (U) Limited (MTN MoMo) have launched Xtracash, a digital micro lending solution that is positioned to extend short term facilities to MTN mobile
September 27, 2024
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