Uganda’s banking industry closed 2024 on a notably stronger footing, driven by robust asset expansion, a resurgence in profitability, and intensified market competition. For the first time in over a…
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Centenary Bank Uganda capped off 2024 with another year of impressive financial and operational growth, reinforcing its position as a market leader in financial inclusion and sustainable banking. The Bank…
Absa Bank Uganda has announced robust financial performance for the year ended December 31, 2024, registering a 22% increase in net profit to UGX 178 billion, up from UGX 145.76…
When dfcu Bank in January 2017, acquired Crane Bank, then one of the five largest Banks in Uganda, for UGX200 billion, it had been hoped that dfcu’s market share fortunes…
Housing and sustainable urbanisation formed a crucial part of our National Development Plan. How is the Housing Finance Bank supporting this initiative?Housing Finance Bank has been a leader in mortgage…
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With key growth in other investments, Equity Bank registered an 11.1% growth in assets- from UGX3.374 trillion to UGX3.748 trillion- a growth of UGX374.1 billion. This allowed the bank to…
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I&M Bank Uganda has released its 2023 annual performance results showing accelerated growth and profitability since the I&M Group Plc acquired the former Orient Bank in 2021.I&M Group Plc acquired…
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It was the famous personal finance guru, Robert Kiyosaki, of the “Rich Dad Poor Dad,” book fame, that coined the “Other People’s Money (OPM)” mantra, advancing that, to turbocharge growth,…
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For starters, from where you sit, give us an overview of 2022 and the first half of 2023. To contextualise our conversation, we need to talk about the global developments including…
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With only a few days left to the June 30th 2023 compliance deadline for banks that failed to raise UGX120 billion in both share capital and core capital by December…
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