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TodaySaturday, April 25, 2026

Uganda banking sector- Page 3

A photo collage of Bank of Uganda Supervision Director, David Kalyango, Finance Trust Bank Managing Director,Annet Mulindwa Nakawunde, and Board Chairperson, Dr. Evelyn Kigozi Kahiigi.

Bank of Uganda Approves Finance Trust Bank’s Application to Downgrade to a Credit Institution

The Bank of Uganda (BoU) has approved the transition of Finance Trust Bank Limited from a Tier I commercial banking licence to a Tier II credit institution licence, marking the latest adjustment
January 29, 2026
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Peter Ssenyange displays his two accolades during an interview at Pearl Bank Head Office in Kampala. Peter won the CFO of the Year Award and also Sustainability Award at the 9th edition of the Chief Financial Officer (CFO) Awards 2025, which is an initiative of ACCA Uganda and Deloitte Uganda.

Pearl Bank CFO Peter Ssenyange (CFO of the Year 2025) on Culture and the Modern Financial Leader’s Purpose 

Appointed in June 2020, Peter Ssenyange is the Chief Financial Officer at Pearl Bank (formerly PostBank Uganda Limited), and is part of the leadership team that is transforming the bank into a
December 4, 2025
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The Governor of the Bank of Uganda, Dr. Michael Atingi-Ego (2nd L), handing the Pearl Bank operating license to Julius Kakeeto, Managing Director of Pearl Bank Uganda (2nd R). Looking on are Priscilla Akora, Head of Marketing and Communications at Pearl Bank Uganda (R), and Moses Kalyango, Executive Director of Supervision at the Bank of Uganda (L). The handover was held yesterday, 24th November 2025, at the Bank of Uganda Offices, a symbolic phase in the Bank's rebrand journey, signifying its official crossover or transition from PostBank to its current name, Pearl Bank Uganda Limited.

Bank of Uganda Grants Operating License to Pearl Bank

The Bank of Uganda (BoU) has issued an operating license to Pearl Bank Uganda Limited, which formerly operated as PostBank Uganda, paving the way for the institution to commence business under its
November 25, 2025
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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.
Left–Right: Stanbic Bank Uganda’s senior leadership team — Tunde Thorpe, Catherine A. Poran, Paul Bitature Muganwa, Chief Executive Mumba Kalifungwa, Samuel Fredrick Mwogeza, Tichaona Makonese, and Grace Semakula — have each committed to leveraging their respective portfolios to power Uganda’s economic growth under the new Keep Growing campaign. The 18-month campaign reaffirms Stanbic’s renewed commitment to driving Uganda’s progress, expanding access to finance for women, youth, and farmers, and anchoring national development at a time when the wider banking sector is tightening credit.

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

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 progress. Running
November 18, 2025
Julius Kakeeto, Managing Director of Pearl Bank (formerly PostBank Uganda) (back centre), Mumba Kenneth Kalifungwa, Managing Director of Stanbic Bank Uganda (back 2nd right), Priscilla Akora, Head of Marketing and Communications at Pearl Bank (3rd left), and Diana Kahunde, Head of Brand and Marketing at Stanbic Bank (2nd right), join other officials from both institutions during the launch of the Wendi by Pearl Bank and FlexiPay partnership at the Sheraton Hotel, Kampala, on Thursday, 23rd October 2025. The partnership aims to enable seamless transactions between both digital platforms at subsidized fees, promoting financial inclusion across Uganda.

Pearl Bank and Stanbic Join Forces to Merge Digital Wallets for Uganda’s Financial Inclusion Drive

In a landmark partnership that signals collaboration over competition, Pearl Bank Uganda (formerly PostBank Uganda), a leading government-owned financial institution and Stanbic Bank Uganda, the country’s largest commercial bank, have announced the
October 23, 2025
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