Banking & Savings

The numbers are striking. Assets grew from UGX 807 billion to UGX 8.61 trillion. Customer deposits increased from UGX 630 billion to UGX 5.27 trillion. The loan portfolio expanded more …

As the US dollar continues to strengthen and geopolitical tensions unsettle global markets, many emerging economies have watched their currencies come under intense pressure. Across Africa, countries such as Ghana …

The Government of Uganda has secured €110.5 million (approximately Shs481 billion) in financing from Standard Chartered Bank Uganda to fund the upgrading of the 115.8-kilometre Kitgum-Kidepo road, a strategic infrastructure …

Stanbic Bank Uganda has reduced its lending rate for agriculture-based Savings and Credit Cooperative Organizations (SACCOs) to 10 percent per annum, deepening its push to expand affordable financing to rural …

Business leader Charles Mbire has set a powerful tone for Uganda’s investment community, telling participants at the inaugural SBG Securities Investor Day that integrity, not physical assets, is now the …

Pride Bank has reaffirmed its commitment to driving Uganda’s economic transformation by accelerating digital banking, expanding financial inclusion and strengthening collaboration with government as it positions itself for its next …

Stanbic Bank Uganda has called on schools and higher learning institutions to embrace renewable energy solutions as a practical strategy for reducing rising operational costs and improving long-term sustainability. The …

The way money moves in Uganda is about to change in a way businesses will not be able to ignore. From January 1, 2027, large cash withdrawals and high-value cheque …

In a move signaling a major structural shift in Uganda’s financial services landscape, Standard Chartered Bank Uganda and Absa Bank Uganda Limited have received regulatory approval from the Bank of …