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    TOP BANKS in Uganda

    Q&A: Equity Bank Uganda’s Samuel Kirubi on the bank’s fast but purposeful rise from the bottom to Uganda’s 6th largest bank

    Muhereza KyamuteteraBusiness & MarketsLists & RankingsThe Big StoryMay 17, 2022June 14, 2022

    2021 was yet another good year for Equity Bank in Uganda. All the key fundamentals posted strong double-digit growth. What are some of the key highlights in your performance that…

    #CEOOFTHEWEEK: Michael K. Mugabi, Managing Director, Housing Finance Bank

    Muhereza KyamuteteraCompany NewsLists & RankingsNews & AnalysisThe Big StoryMay 12, 2022May 12, 2022

    Years Active: November 2018 – to date Key Achievements: In the three years of Mugabi’s leadership, Housing Finance Bank has experienced double-digit and often above-industry growth rates cementing its place…

    2021: Centenary Bank hits a record UGX4.8 trillion in assets and UGX211.5 billion net profit

    Muhereza KyamuteteraThe Big StoryApril 28, 2022November 18, 2022

    Innovation, largely driven by investments in financial technologies, coupled with prudent credit management, enabled Centenary Bank to fend off a tough 2021 to not only remain growing but reach record…

    RESILIENT: Stanbic Uganda Holdings defies tough times; 2021 profits rise 11% to a record UGX269 billion  

    Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryWomen In LeadershipMarch 31, 2022March 31, 2022

    Stanbic Uganda Holdings Limited (SUHL) has announced it grew its net profits by 11% in 2021 to earn UGX269billion from Ush.242billion in 2020, driven by robust growth in non-interest income…

    Stanbic Holdings reports UGX155 bn in H1 2021 net profit, backed by innovative credit expansion to pandemic-hit economy

    Muhereza KyamuteteraBanking & Financial ServicesBusiness & MarketsCompany NewsThe Big StoryAugust 6, 2021August 6, 2021

    Stanbic Uganda Holdings Limited (SUHL), a member of the Standard Bank Group, has today released its H1 2021 results, reporting powerful performance across all business fundamentals, compared to the same…

    Q&A WITH MUMBA KALIFUNGWA: Everyone needs a strong and innovative bank and Absa Uganda is that bank

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryThought LeadershipMay 31, 2021May 31, 2021

    2020 was an unprecedented year, for the industry, for Absa and yourself as a leader. It was a year of many firsts. But regardless, Absa emerged strong— stirred, but not…

    A Stanbic Bank office building in Kampala

    List: the largest banks in Uganda by assets in 2020

    CEO ReporterBanking & Financial ServicesThe Big StoryMay 24, 2021May 24, 2021

    The following is a list of the banks ranked by total assets as of 31 December 2020. Balance sheet information is from financial statements published by the banks in March and April

    Standard Chartered Bank Uganda offices

    Banks shifted from loans to debt markets during Covid-19 pandemic, got bigger

    CEO ReporterBanking & Financial ServicesNews & AnalysisThe Big StoryMay 23, 2021May 23, 2021

    The Covid-19 pandemic saw a rise in bad debts and provisions for loan losses. But this had little effect on balance sheets as banks turned from loans to other assets

    Standard Chartered Bank Uganda offices

    Standard Chartered’s digital-first leap of faith begins paying off; bank bounces back to No.3 position

    CEO ReporterBanking & Financial ServicesTechnology & InnovationThe Big StoryMay 5, 2021May 9, 2021

    Standard Chartered Bank Uganda (SCBU), a subsidiary of the out-of-London global banking giant, Standard Chartered Plc, has bounced back into the industry’s top three largest banks, according to its just-released…

    I&M Holdings completes acquisition of Orient Bank, promises seamless regional access and superior services

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryMay 3, 2021May 3, 2021

    I&M Holdings PLC has announced the majority acquisition of Orient Bank Limited (OBL) from 8 miles LLP and Morka Holdings Limited. OBL is the 12th largest commercial bank licensed and…

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