Private Sector Credit Archives

Some of Uganda's top performing bankers. Top row: Absa Bank MD, David Wandera, Centenary Bank MD, Fabian Kasi, Stanbic Bank CEO. Bottom row: dfcu Bank MD, Mumba Kalifungwa, Equity Bank Uganda CEO, Gift Shoko and PostBank MD, Julius Kakeeto,

Ugandan Banks Post Record UGX 1.9 Trillion Profit as Customer Deposits Surge to UGX 41.6 Trillion-BoU Report

Uganda’s banking sector has cemented its recovery and resilience, posting a record UGX 1.9 trillion net profit for the year ended June 2025. This was a nearly an increase of UGX400 billion

October 13, 2025

Banking & Financial Services·The Big Story

Whereas banks present a picture of profitability and highly liquid, credit expansion remains weak, and the little lending that takes place is concentrated in consumption and real estate.

Uganda’s Banking Paradox: Strong, Profitable, and Liquid but Failing to Power Productive Growth

Uganda’s banking sector has never been stronger on paper. And the Bank of Uganda’s latest Financial Soundness Indicators show why. Banks, the indicators show, are heavily capitalized, flush with liquidity, profitable, and

September 29, 2025