2020 was an unprecedented year, for the industry, for Absa and yourself as a leader. It was a year of many firsts. But regardless, Absa emerged strong— stirred, but not…
The following is a list of the banks ranked by total assets as of 31 December 2020. Balance sheet information is from financial statements published by the banks in March and April
The Covid-19 pandemic saw a rise in bad debts and provisions for loan losses. But this had little effect on balance sheets as banks turned from loans to other assets
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…
I&M Holdings PLC has announced the majority acquisition of Orient Bank Limited (OBL) from 8 miles LLP and Morka Holdings Limited. OBL is the 12th largest commercial bank licensed and…
Absa Bank Uganda, yesterday, 20th April 2021, released their 2020 annual results, reporting a profit of UGX41 billion and growth in revenue to UGX316 billion. This is Mumba Kalifungwa’s first…
The High Court has set April 28th 2021 to hear an application by ten former Crane Bank employees to compel dfcu Bank to disclose key documents that they say are…
Herman Kasekende, a Ugandan, currently, the Managing Director of Standard Chartered Bank Zambia is highly likely to join Centenary Bank as its next Executive Director, impeccable sources, knowledgeable about the…
As part of its continued efforts to support businesses amidst numerous challenges presented by the impact of COVID-19, dfcu Bank is offering unsecured bid bonds of up to UGX 500,000,000…
What is this new Stanbic schools’ loan solution about? Our schools’ loans solution has been tailor-made to enable schools, teachers and parents with limited working capital or inadequate school fees…
