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DTB wants Bank Agents to sell insurance

Kampala, Uganda | THE INDEPENDENT | Bankers want bank agents to be allowed to conduct Bancassurance business on behalf of the financial institutions to enhance access to the services by the public. Diamond Trust Bank, named Most Innovative Bancassurance Agent 2022, says there is a need to further take services closure …

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NCBA Unveils Enhanced Premier Banking Offering

Kampala, Uganda | JULIUS BUSINGE | On Feb.22, NCBA Bank unveiled its revamped Premier Banking offering, targeting premier banking customers, prospects, and high-value stakeholders. The key features of the enhanced offering include extended banking hours at select branches, allowing customers to enjoy greater convenience. Additionally, customers now have access to online …

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Centenary Bank strengthens collaboration with INTERPOL

Kampala, Uganda | THE INDEPENDENT | Centenary Bank has earlier today committed to positively impacting communities through its Environmental Social and Governance (ESG) agenda. Through its collaboration with INTERPOL that bank recently announced the donation of a state-of-the-art 100-seater tent. This philanthropic gesture aims to enhance INTERPOL’s operational capabilities and …

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Equity Bank to take over UPE School over unpaid loan

  Wobulenzi , Uganda | THE INDEPENDENT |  There is panic among parents and leaders after Wobulenzi Public Primary School in Luwero district was put on sale over failure to repay a loan. In 2019, Richard Mukasa former headteacher with the approval of the office of Luwero Chief Administrative Officer …

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dfcu Bank’s H1 profits up 56% to Shs29.3bn

But loans and advances to customers reduced by 16% Kampala, Uganda | THE INDEPENDENT | dfcu Bank has reported a 56% improvement in net profit to Shs29.3bn in the first six months to June.30 driven by a reduction in loan impairment. The lender’s financial results released on Aug.24 show continuous growth …

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Centenary Bank in financial literacy training

Kampala, Uganda | THE INDEPENDENT | Centenary Bank is commemorating 40 years of transformative banking services. As part of the celebrations, the bank embarked on a series of training sessions aimed at empowering educators in financial literacy across various regions. The bank’s initiative to empower educators in financial literacy has been …

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