Monday , July 4 2022
Home / Tag Archives: Banking

Tag Archives: Banking

Why are commercial banks adopting online lending?

Kampala, Uganda | THE INDEPENDENT | The idea of mobile phone lending was first made a reality in Uganda IN 2016 when Commercial Bank of Africa, CBA, partnered with MTN to launch the MoKash product. This was an expansion of MTN’s Mobile Money services to diversify into savings and loan products …

Read More »

Sarah Arapta is new Uganda Bankers Association chairperson

Kampala, Uganda | THE INDEPENDENT | Sarah Arapta has been elected chairperson of Uganda Bankers’ Association (UBA) after their their annual general meeting in Kampala. She takes over from Mathias Katamba who served for two years 2020 and 2021. Arapta is the Chief Executive Officer of Citibank Uganda. As he handed over …

Read More »

Bank of China signs MOU with Johannesburg Stock Exchange

Johannesburg, South Africa | Xinhua | Bank of China Johannesburg branch and Johannesburg Stock Exchange (JSE) signed here Friday a memorandum of cooperation (MOU) in order to promote the China-Africa economic and trade cooperation. Chen Longjian, CEO of the Bank of China Johannesburg branch, commended the efforts of JSE to …

Read More »

USh1.2 trillion: Record performance for Equity Group

Profit After Tax increased by 99% to Ushs 1.2 trillion ($349million) Nairobi, Kenya | THE INDEPENDENT | Equity Group has recorded superior performance for the year ended 31st December 2021, putting it at the top as the regional financial sector market leader, despite the challenging operating environment characterized by a global …

Read More »