Members of the Uganda Bankers’ Association (UBA) held their Annual General Meeting on the 13th of May 2022 and elected Sarah Arapta, as the new Chairperson of the association’s Executive…
Standard Chartered Bank Uganda Limited has been announced as the best performing Primary Dealer Market Maker (PDMM) in Uganda Government securities during the period October 2020 to September 2021. The…
Standard Chartered Bank has declared this October as the customer service month- What is the genesis of this initiative and why dedicate such a long period, where most businesses usually…
Standard Chartered Bank Uganda has unveiled its first Kiosk Bank outlet located at Capital shoppers in Ntinda. This launch marks the fruition of another strategic alliance/partnership between the Bank and…
Standard Chartered Bank Uganda (SCBU), a subsidiary of the out-of-London global banking giant, Standard Chartered Plc, has bounced back into the industry’s top three largest banks, according to its just-released…
Standard Chartered Bank Uganda has swept four (4) international and local prestigious awards from the Financial Times’ Banker Awards, Global Finance and Digital Impact Awards Africa. They include; The Banker’s…
The Central Bank on April 6th released its April 2020 monetary policy statement that among others, reduced the CBR to 8%. It also announced other measures to mitigate especially the…
The total assets of Uganda’s financial services industry reached UGX.45.81 trillion, or 44.3 percent of Uganda’s GDP, as at end December 2018. The banking sector, dominated 69% of these assets,…
Yes, they are all men. They are powerful. They run 8 of Uganda’s largest banks and they are paid handsomely too. The 8 CEOs are each paid on average a…
43 Managing Directors and Executive Directors of 23 of Uganda’s 24 banks, earned an average of UGX61 million or a combined UGX2.6 billion per month. This adds up to a total of UGX31.5 billion a year, according to painstaking research by CEO East Africa Magazine. Also read: https://www.ceo.co.ug/2018-ugandas-19-banks-rake-in-ugx790bn-profit-5-banks-still-loss-making/ According to the research, Barclays Bank’s CEO Rakesh Jha is the highest…
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