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April 22, 2026
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    Uganda banking sector

    Stanbic Uganda Shareholders to Receive UGX 360bn After 10 Years of Rapid Dividend Growth

    Paul MurungiBanking & Financial ServicesThe Big StoryMarch 23, 2026March 23, 2026

    Stanbic Uganda Holdings Limited has reported a strong set of financial results for the year ended 31 December 2025, with shareholders set to receive UGX 360 billion in dividends. Stanbic…

    Stanbic Accelerates Uganda’s Digital Future with “Kikole Ku Speedii” Campaign

    Brian EmorutCompany NewsNews & AnalysisMarch 20, 2026March 20, 2026

    Stanbic Bank Uganda has unveiled a new campaign, “Kikole Ku Speedii,” aimed at making banking services faster, simpler, and more convenient for its clients and customers. Speaking at the launch,…

    Deal Makers: Meet Deloitte Advisors Behind Absa’s Acquisition of StanChart’s Wealth and Retail Business in Uganda

    Paul MurungiBanking & Financial ServicesBusiness & MarketsThe Big StoryMarch 15, 2026March 15, 2026

    In a transaction set to reshape Uganda’s banking landscape, Absa Bank Uganda signed an agreement in October last year to acquire the Wealth and Retail Banking (WRB) business of Standard…

    Pearl Bank Supports IUIU Students with Water Tanks and Food During Ramadan and Women’s Month

    Paul MurungiCompany NewsMarch 14, 2026March 14, 2026

    Pearl Bank, whose purpose is to foster prosperity for Ugandans, has donated water tanks and assorted food items to the Islamic University in Uganda (IUIU) in celebration of Ramadan and…

    Saviour Chibiya, Regional Chief Executive, Absa Group, addresses staff during a town hall meeting with Absa Bank Uganda employees at the Kampala Sheraton Hotel this week. During his visit to Uganda, Chibiya emphasised Absa’s ambition to become the “bank of choice for economic development” across the markets where it operates.

    “We Want to Be the Bank of Choice for Economic Development”: Saviour Chibiya on Absa’s Strategic Bet on East Africa 

    Muhereza KyamuteteraThe Big StoryMarch 13, 2026March 13, 2026

    Over the past year, Absa Group has been hard to miss in East Africa. From boardroom visits and executive engagements to high-profile financing deals and infrastructure transactions, the bank has…

    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…

    FMO Co-Chief Investment Officer Huib-Jan de Ruijter (left) and I&M Bank Uganda CEO Robin Bairstow sign the Memorandum of Understanding following the announcement of a USD 20 million financing partnership. Standing behind them (left–right) are Natalie den Breugom, Deputy Director for Sustainable Economic Development at the Dutch Ministry of Foreign Affairs; Faith Kathambi, Investment Officer – Financial Institutions at FMO; René Idzenga, Head of State-Owned Enterprises at the Dutch Ministry of Finance; and Nadia Mindra, Head of Treasury at I&M Bank Uganda.

    Dutch Development Bank FMO Extends USD 20 Million Facility to I&M Bank Uganda to Boost SME Financing

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryMarch 12, 2026March 12, 2026

    Financing Company for Development (FMO), the Dutch Entrepreneurial Development Bank, has extended a USD 20 million senior unsecured facility to I&M Bank (Uganda) Limited to support lending to small and…

    Finance Trust Bank, IPED Join Forces to Reduce Collateral Barriers for Women-Led Businesses

    Brian EmorutCompany NewsNews & AnalysisFebruary 26, 2026March 9, 2026

    Finance Trust Bank (FTB) has partnered with the Initiative for I&P Entrepreneurs & Development (IPED) to expand access to affordable loans for women-led and environmentally responsible businesses across Uganda. Through…

    Finance Trust Bank Transition: What Will Change for Depositors and Borrowers

    Paul MurungiBanking & Financial ServicesThe Big StoryJanuary 29, 2026January 31, 2026

    Finance Trust Bank has outlined the next phase of its operations after receiving approval from the Bank of Uganda to continue business under a Tier II Credit Institution licence, effective…

    Nigeria’s Access Bank Deal to Acquire Uganda’s Finance Trust Bank Falls Apart After Two Years

    Paul MurungiBanking & Financial ServicesThe Big StoryJanuary 29, 2026January 30, 2026

    What began as one of the most closely watched cross border banking acquisition plans in East Africa has now officially fallen apart.  The proposed takeover of Uganda’s Finance Trust Bank…

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    Latest Stories

    • UGAFODE Expands Aggressively in 2025 as Lending Jumps 26% and Deposits Rise 20%
      by CEO East Africa Magazine
      April 22, 2026
    • Chandan Singh assumes leadership at Bank of Baroda (Uganda), succeeding Shashi Dhar after a period marked by strong financial growth and operational stability. With rising profits, expanding assets, and increased lending, the transition signals continuity as the bank positions itself for further growth under experienced new leadership in a competitive market.
      Chandan Singh Takes Over as Bank of Baroda Managing Director after Strong Growth under Shashi Dhar
      by Jeff Winters
      April 22, 2026
    • 2025: Finance Trust Bank posts 32% growth in deposits; 74% surge in net profit in strongest performance yet
      by CEO East Africa Magazine
      April 22, 2026
    • When the Law Exists But No One Listens: Uganda’s Conflict of Interest Problem
      by CEO East Africa Magazine
      April 22, 2026
    • Mercy Kainobwisho has redefined URSB through people-centered leadership and bold reforms. By driving digital transformation, strengthening systems, and expanding access, she has turned the Bureau into a modern, high-performing institution. Her tenure reflects a balance of innovation and accountability, positioning URSB as a key pillar of Uganda’s economic development.
      Driving Transformation: Mercy Kainobwisho’s Five-Year Turnaround Has Transformed URSB From Legacy to a Digital Powerhouse
      by CEO East Africa Magazine
      April 22, 2026
    • Parliament has withdrawn the Traffic & Road Safety (Amendment) Bill, 2026, halting plans to reduce the vehicle import age limit from 15 to 13 years. Lawmakers cited affordability concerns, warning the move would raise car prices and transport costs, despite government’s push for cleaner, more efficient vehicles.
      Bill Seeking to Ban Importation of Cars Older than 13 Years Collapses
      by Jeff Winters
      April 21, 2026
    • Attorney General Kiryowa Kiwanuka defends the Bill as a transparency tool, Uganda Bankers Association head Wilbrod Owor warns of risks to capital flows, while journalist Charles Onyango-Obbo questions its sweeping definitions, together reflecting the legal, economic, and public tensions shaping debate over Uganda’s proposed Protection of Sovereignty Bill.
      A Bill Like No Other: Sovereignty Protection Push Raises Economic, Legal, and Political Questions
      by Jeff Winters
      April 21, 2026
    • Delhi Public School (DPS) International Kampala Posts Strong CBSE Results; One-Third of Class Scores Above 90%
      by CEO East Africa Magazine
      April 21, 2026
    • Bank of Uganda kicks off domestic gold purchase from licensed miners in three-year pilot programme
      by Paul Murungi
      April 21, 2026
    • Court of Appeal Halts $230,000 Share Payment in Billionaire Amos Nzeyi’s Nando’s Franchise Dispute
      by CEO East Africa Magazine
      April 21, 2026

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