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Citibank Uganda closed the 2024 financial year with a net profit after tax of UGX 71.9 billion, up from UGX 68.3 billion in 2023. This performance secured the bank’s position…
Hardly two years after arriving in Uganda to take up her very first CEO role at Uganda’s largest telco, MTN Uganda, Sylvia Mulinge has emerged as Uganda’s most admired CEO,…
Citi Uganda commemorated 25 years of operating in the country in an event attended by government, business, and industry leaders, including the Minister of State for General Duties, Honorable Henry Musasizi. Since…
Members of the Uganda Bankers’ Association (UBA) held their annual general meeting on the 17th May 2024 and elected Mr. Julius Kakeeto, as the Association’s new Chairman. He replaces Ms….
The Uganda Bankers’ Association’s Chairperson, Citibank’s Sarah Arapta is female too- the first woman to. Some financial institutions such as Finance Trust Bank- have taken it further by having an…
Sarah Arapta is the Chief Executive and Managing Director for Citibank Uganda, Uganda’s 10th largest bank by assets. She has held this role since January 2016. Sarah has had an…
On the evening of Friday, 09th September 2018, unknown persons hacked the mobile money float accounts of a payments aggregator company called Beyonic Ltd and originated payments amounting to UGX2,617,761,200….
Arapta takes over from Mathias Katamba, the Managing Director of dfcu Bank, whose two-year term (2020 and 2021) has elapsed. Arapta has been Katamba’s deputy on the outgoing committee which…
Members of the Uganda Bankers’ Association (UBA) held their Annual General Meeting on the 13th of May 2022 and elected Sarah Arapta, as the new Chairperson of the association’s Executive…
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,…
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