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March 19, 2026
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    Uganda Banking Industry

    Stanbic, Absa and Centenary Control Nearly Half of Uganda’s Bancassurance Market as Premiums Top UGX 302 Billion

    Paul MurungiBanking & Financial ServicesInsuranceThe Big StoryMarch 13, 2026March 13, 2026

    The bancassurance market is increasingly consolidating around a small group of dominant lenders, with Stanbic, Absa and Centenary emerging as the leading distributors of insurance through banking channels. The Insurance…

    Pearl Bank Wins Fintech Partnership and Best Bank in Agriculture at Inaugural Bankers’ Awards

    Brian EmorutCompany NewsNews & AnalysisNovember 23, 2025November 23, 2025

    Pearl Bank (formerly PostBank Uganda) wins Fintech Partnership of the Year and Best Bank in Agriculture and Agro-processing at the inaugural Annual Bankers Awards (ABA) Pearl Banks Managing Director, Julius…

    Stanbic Bank Uganda senior leadership portraits featuring executives alongside key messages from the Keep Growing campaign, highlighting the bank’s commitment to financial inclusion, national development, and household prosperity.

    Why Stanbic Bank’s Keep Growing Campaign Matters Now—As Uganda Faces Rising Credit Demand Amidst Sector Tightening

    Muhereza KyamuteteraThe Big StoryNovember 18, 2025November 18, 2025

    Stanbic Bank Uganda has launched a powerful new brand campaign—Keep Growing—positioned as both a celebration of Uganda’s resilience and a reaffirmation of the bank’s role in powering the nation’s long-term…

    Absa Bank Acquires Standard Chartered’s Retail and Wealth Business in Uganda

    Paul MurungiThe Big StoryOctober 24, 2025October 24, 2025

    Absa Bank Uganda has entered into an agreement to acquire the Wealth and Retail Banking (WRB) business of Standard Chartered Bank Uganda. The acquisition marks a major shift in Uganda’s…

    Impact and legacy-driven Financial Leadership Honored at 9th Uganda CFO Awards as PostBank’s Ssenyange Takes Top Prize

    Brian EmorutC-Suite LeadershipNews & AnalysisOctober 18, 2025October 18, 2025

    The Association of Chartered Certified Accountants (ACCA) Uganda and Deloitte Uganda last evening hosted the 9th Edition of the Chief Financial Officer (CFO) Awards at the Kampala Serena Hotel, celebrating…

    Robin Bairstow on Growth, Stability, and the SME Push at I&M Bank Uganda

    Paul MurungiThe Big StoryAugust 16, 2025August 17, 2025

    With retail and SME lending delivering double-digit growth and a major digital overhaul complete, Robin Bairstow, CEO of I&M Bank Uganda, is steering the bank into its next growth phase….

    Uganda’s undercapitalised banks in a last-minute scramble to beat June 30th 2023 deadline

    Muhereza KyamuteteraBusiness & MarketsThe Big StoryJune 20, 2023June 20, 2023

    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…

    What do we know about Opportunity Bank, Uganda’s latest commercial bank, which you probably did not know?

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryOctober 27, 2019January 29, 2024

    Opportunity Bank Uganda Limited (OBUL) on 25th September 2019 was awarded a Commercial Banking license by Bank of Uganda, becoming Uganda’s 26th Commercial Bank. This follows a lengthy vetting process…

    Ugandan banks post UGX772.2 billion in Q1, 2019 revenues

    Muhereza KyamuteteraBanking & Financial ServicesCompany NewsManufacturing & IndustryThe Big StoryJuly 2, 2019July 3, 2019

    Fresh from a rich 2018, Ugandan banks in the 3 months ending 31st March 2019 posted combined revenues of UGX772.2 billion, an increase of 17.2% from the UGX658.9 billion reported…

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