Uganda Development Bank (UDB), the government-funded development finance institution, in partnership with sister government MDAs, has launched the Enterprise Development Programme which is aimed at preparing entrepreneurs for financing through …
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Banking & SavingsLatest NewsNews
Uganda rejects proposal to set up East African Central Bank in Arusha
Uganda has overruled an authentication report by a Committee of the East African Community, an EAC Council of Ministers that is proposing to establish the East African Central Bank headquarters …
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National Social Security Fund (NSSF), under the fund’s Hi-Innovator flagship sustainability programme, is seeking to fund 92,400 women entrepreneurs in a bid to boost their businesses. Barbara Arimi the Communication …
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Banking & SavingsLatest NewsNews
Stanbic Bank excels at Consumer Choice Awards; voted Uganda’s Best Commercial Bank for 2022
Stanbic Bank Uganda has been voted as Uganda’s Best Commercial Bank at the recent Consumer Choice Awards for 2022. In a tweet dated July 30, 2022, The Anne-Juuko led financial …
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Banking & SavingsLatest NewsNews
Banks advised to relax credit access rules and boost financing SMEs, manufacturers
Uganda’s financial institutions and commercial banks have been advised by experts to improve their efforts in financing manufacturers and Small and Medium Enterprises (SMEs) to access funding to speed up …
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Banking & SavingsFinanceLatest News
Stanbic Uganda profits up 11% to shs269b in 2021 despite impact of Covid-19
Stanbic Uganda Holdings Limited (SUHL) has announced it grew its net profits by 11% in 2021 to earn shs.269billion from sh.242bn in 2020, driven mainly by strong growth in non-interest …
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Banking & SavingsFinanceLatest NewsNews
How women in business will benefit from special offer of financial, non-financial services bespoke
Stanbic Bank Uganda has unveiled a special offering of financial and non-financial services bespoke for women in business aimed at empowering them with competitive abilities to succeed in a world …
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Banking & SavingsFinanceLatest NewsNews
How Stanbic Bank managed to retain 22% Bancassurance market lead
Bancassurance contributed Shs 103.5billion to the Shs 1.1trillion Gross Written Premium (GWP) recorded by Uganda’s Insurance sector in 2021 with Stanbic Bank accounting for 22% to consolidate its position as …
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Banking & SavingsLatest NewsNews
NSSF midterm access is here: Here is how you can access your benefits
The National Social Security Fund (NSSF) has issued guidelines to be followed by savers to access their midterm benefits. This comes after Gender Minister Betty Amongi approved the procedures for …
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KAMPALA — Cairo Bank Uganda held a breakfast event celebrating this year’s International Women’s Day, which run under the theme #Breakthebias at their Head Office – Lotis Towers. The day’s dress code …