Wilbrod Humphreys Owor Archives

Ugandan Banks Succumb To Central Bank Pressure To Drop Charges On Early Loans Repayment

by Muhereza KyamuteteraIndustry & Analysis The Big StoryOctober 17, 2023October 17, 2023

Ugandan banks have, under pressure from the central bank, agreed to drop a long-practised, but infamous practice of ‘fining’ customers for settling their outstanding loan obligations early.According to a letter…

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Uganda Bankers Association and Fintechs association to collaborate on digital financial services product development

by Muhereza KyamuteteraFinance ICTMarch 9, 2020March 10, 2020

The Uganda Bankers Association (UBA) and Financial Technology Service Providers Association (FITSPA) have signed a strategic collaboration agreement aimed at promoting innovation, knowledge sharing and professional practices in the development…

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