Equity Bank Uganda Archives – Page 5 of 5

Equity Bank Uganda revises prime lending rate downwards to 20.5%

by Alphred Rhyman AgabaCommercial JusticeJuly 29, 2020July 29, 2020

Equity Bank Uganda has revised its prime lending rate (PLR) reducing it significantly from 22% to 20.5% with effect from September this year. “We would like to inform our members…

PEOPLE, MONEY & POWER: Uganda’s 45 Most Powerful and Influential People in Banking, 2019

by Muhereza KyamuteteraThe Big StoryNovember 17, 2019January 15, 2023

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,…

How Equity Bank transformed a small Ugandan UGX59bn microfinance institution into a UGX1.3 trillion bank

by Muhereza KyamuteteraFinance The Big StoryNovember 12, 2019May 8, 2022

Two major mergers and acquisitions in the Ugandan financial sector made headlines in 2008. One was the $25.3 million acquisition of Uganda Microfinance Limited (UML) by Kenya’s Equity Bank and…

Equity Bank Uganda takes affluent banking to Kampala’s Bugolobi neighbourhood

by Muhereza KyamuteteraCompany News FinanceJune 14, 2019June 14, 2019

Equity Bank Uganda, on 13th June, 2019 opened their latest Supreme Banking branch on Luthuli Avenue right opposite Nice House of Plastics. Supreme banking offers customized banking solutions with exclusive…