Ruth Ajuna is living proof of how determination and access to the right financial support can transform lives. A farmer and entrepreneur from Hoima District, Ruth has cultivated a thriving...
dfcu Bank partnered with the Uganda Women Entrepreneurs Association Limited (UWEAL) to empower and recognize the achievements of women entrepreneurs at the Annual Women Business Leadership Conference 2024 and Award...
NCBA Bank Rwanda has announced the appointment of Maurice Toroitich as its Managing Director. The appointment brings to the helm a veteran of the banking industry, whose leadership spans nearly...
Legitimate Money Lenders have urged the government to closely monitor economic activity during the Christmas season while re-opening dialogue on lending rates. Through the Money Lenders Association of Uganda (MLAU),...
I&M Bank Uganda is extending a festive season gift to its customers with a loan repayment holiday, providing much-needed financial relief during the Christmas season and the back-to-school period. The...
Absa Bank Uganda has flagged off the 10 golfers from Uganda who will be taking part in the Pro-Am event of the 2024 Magical Kenya Open. The tournament starts next…
I&M Bank Uganda over the weekend successfully completed an upgrade of its core banking system to Finacle 10, promising its customers, an improved banking experience. Finacle is an industry leader…
In a re-affirmation of its commitment to enabling financial independence and sustainable home ownership, Housing Finance Bank has launched the ‘Fuuka Don’ salary loan campaign. The initiative aims to alleviate…
The Bank of Uganda has in a statement said big ticket depositors who held more than UGX 10m in deposits in the collapsed EFC Uganda bank, will have to exercise…
Bank of Uganda, Uganda’s central bank, on January 19th, 2024 placed EFC Uganda Limited under liquidation, revoked its license, and ordered the winding up of its affairs. This in effect…
Bank of Uganda has revoked the license of EFC Uganda Limited, a microfinance deposit taking institution because it is undercapitalized. In a statement from the deputy governor of the central…
Access Bank Plc (Access), one of Africa’s largest banking groups, is acquiring 80% of Uganda’s Finance Trust Bank, it has been confirmed. CEO East Africa Magazine first broke news of…
Patricia Nshemereirwe has been appointed as Chief Operating Officer, Absa Bank Uganda Ltd. In a statement, the bank said Nshemereirwe is a seasoned financial services professional with 20 years of…
Access Bank Plc (Access), one of Africa’s largest banking groups, is set to acquire Uganda’s Finance Trust Bank, highly-placed industry sources have told CEO East Africa Magazine. Access Bank Plc,…
Centenary Group, the parent company to Centenary Bank, recently celebrated its 40th anniversary with a lavish event to commemorate its four-decade impact on the Ugandan financial sector. Having transformed from…
