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…
The banking sector has posted resilient growth over the past five years, despite macroeconomic pressures, digital disruption, and the COVID-19 pandemic as well as regulatory reforms. From 2019 to 2024,…
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…
Ecobank Uganda has released its 2024 results, showing a remarkable increase in lending, a cleaner loan book, leading to increased revenues and profits — consolidating a turnaround that began under…
I&M Bank Uganda has crossed a historic milestone. For the first time, the Bank’s assets have exceeded the UGX 1 trillion mark, closing at UGX 1.1 trillion at the end…
Finance Trust Bank posted a record 178% profit growth in 2024, driven by strategic partnerships, a customer-focused business model, and major investments in women’s empowerment. The Bank now eyes an…
