Uganda’s agent banking industry has entered a new phase with latest data from Bank of Uganda painting a picture of a sector in full bloom. As of June 2025, the…
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…
Absa Bank Uganda has reintroduced its custody services in a move that underscores the bank’s commitment to deepening Uganda’s capital markets. The development provides institutional investors with secure, efficient, and…
Retired Justice Dr. Henry Peter Adonyo has been appointed mediator in High Court matter HCT-00-CC-ME-0348-2025, pitting Dei Industries International Ltd against Equity Bank Uganda Ltd. The case, filed in 2024,…
KCB Bank Uganda is grappling with the aftermath of a major glitch in its agent banking system that, according to credible reports, resulted in agents across the country receiving more…
Centenary Bank has instructed Banu General Agencies, a firm of auctioneers and bailiffs, to sell properties belonging to city businessman Joseph Kiyimba after he allegedly defaulted on loan obligations. The…
Centenary Bank has been recognized with two prestigious accolades at this year’s Brand Africa Awards: Most Admired Ugandan Bank and Ugandan Bank Doing Good in the Community. These awards reinforce…
The Archbishop of Church of Uganda, The Most Rev. Dr. Stephen Kaziimba Mugalu has commended PostBank Uganda for driving financial inclusion across the country. He applauded the team during a…
Interswitch Uganda, a leading financial technology services provider has announced a strategic partnership with Centenary Bank, one of Uganda’s leading financial institutions, to enhance convenience and accessibility for its customers….
Numbers Don’t Lie. In 2024, PostBank Uganda posted a record UGX 35.4 billion in net profit—up 28.7% from UGX 27.5 billion in 2023. Customer deposits surged 25.4% from UGX 789.8…
