Kampala, Uganda | THE INDEPENDENT | I&M Bank Uganda has appointed Rutabanzibwa Lwanga as its new Head of Risk, marking a strategic move to reinforce governance, controls, and enterprise-wide risk oversight at the growing lender. Lwanga, whose career in Uganda’s banking sector spans more than two decades, is expected to …
Read More »Businesses flock to Ethiopia’s newly-opened banking market
Equity Group is also accelerating its entry strategy. In September, Equity Group chief executive James Mwangi met with officials from the Ethiopian Investment Commission to discuss licensing and operational frameworks, according to Semafor Africa. SPECIAL REPORT | BIRD AGENCY | Ethiopia’s banking market, once sealed off to foreign participation, has …
Read More »Stanbic Bank strengthens its Karamoja network
Karamoja Local Leaders Laud Stanbic Bank’s Inclusion Agenda for Women, Youth, and Farmers Moroto, Uganda | THE INDEPENDENT | Local leaders in the Karamoja sub-region have commended Stanbic Bank Uganda for its ongoing investment and inclusive banking agenda, which continues to empower women, youth, and farmers through affordable credit, digital …
Read More »EQUITY GROUP: 32% growth in Profit After Tax for Q3 2025
Equity Bank Uganda also registered NPL ratio of 8.8%, down from 20.9%.; Uganda has been recognised globally as having momentous growth in the East African region coupled by low inflation Nairobi, Kenya | THE INDEPENDENT | Equity Bank Uganda, has bounced back by recording a significant 61% Profit After Tax (PAT) in …
Read More »Absa Bank Uganda convenes industry leaders for landmark workshop on data privacy
Kampala, Uganda | THE INDEPENDENT | Absa Uganda has hosted an industry-wide workshop focused on the critical importance of data privacy in the digital age. The event was held at the Golden Tulip Hotel in an effort to boost and uphold the highest standards of ethical banking and customer …
Read More »Stanbic’s steady hand
The lender’s blend of loan growth, fee income, community outreach and cautious risk-taking offers a model others may struggle to emulate Kampala, Uganda | THE INDEPENDENT | Uganda’s biggest bank is in rude health. Stanbic Uganda Holdings reported a profit of Shs 278 billion for the first half of 2025, up …
Read More »How digital innovation is transforming banking in Uganda
OPINION | Samir Yassine | Imagine opening a bank account in minutes, without stepping into a banking hall, queuing up, or filling out piles of forms. Just you, your phone, and a few taps. That’s the power of digital account opening—and if you haven’t tried it yet, you’re missing out …
Read More »Banking on a plastic-free future through collective action
At Centenary Bank, monitoring and recycling our solid waste is at the top of our sustainability agenda to ensure our waste is repurposed or properly disposed of to avoid polluting the environment. COMMENT | EMMANUEL OTUKO | This year’s theme for World Environment Day 2025 – “Beat Plastic Pollution” is …
Read More »NCBA’s agenda for 2025 focuses on digital, green financing
The lender plans to driving corporate banking leadership through industry-specific initiatives, particularly asset finance, and invest in digital technologies Kampala, Uganda | JULIUS BUSINGE | NCBA Bank Uganda is pushing 2025 with an ambitious outlook, positioning itself to deepen its leadership in corporate banking, scale up its digital transformation efforts, and …
Read More »Knowledge gap slows ESG compliance in Masaka
Masaka, Uganda | THE INDEPENDENT | The lack of proper knowledge, coupled with customer resistance and misconceptions, has been blamed for the slow adoption of Environmental, Social, and Governance (ESG) principles in lending practices among microfinance institutions in the Masaka region. The ESG framework, adopted in 2022 by United Nations …
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