Tororo, Uganda | NEWS CORRESPONDENT | Diamond Trust Bank (DTB), a leading financial institution in Uganda, has officially opened its new Tororo Branch, reinforcing its commitment to delivering accessible, efficient, and people-centred banking services across Eastern Uganda. Officials said the new branch forms part of DTB’s broader plan to refine its …
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The board proposed a dividend of KSh11.7 billion, up from KSh9.1 billion in the previous year Kampala, Uganda | JULIUS BUSINGE | NCBA Group reported a 7% increase in net profit to KSh23.4 billion ($181 million) for the year ended December 2025, helped by stronger asset growth, improved …
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The lender posted a 20.4% rise in profit after tax to Shs 586.2 billion Kampala, Uganda | JULIUS BUSINGE | In banking, consistency is often more valuable than bursts of brilliance. Stanbic Bank Uganda Limited appears to have mastered that art. The lender posted a 20.4% rise in …
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Kampala, Uganda | URN | The financial industry in Uganda enjoyed good business last year, according to financials being released, the latest being Stanbic Uganda Holdings Limited-SUHL, with UGX 591 billion profit after tax. This new record was a jump from UGX 478 billion posted for the year ended December …
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Kampala, Uganda | THE INDEPENDENT | FMO, the Netherlands’ development bank, has extended a $20million senior unsecured facility to I&M Bank Uganda Limited to expand lending to small and medium-sized enterprises (SMEs), a segment widely seen as vital to Uganda’s economic growth but often constrained by limited access to finance. …
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COMMENT | JAEL CHRISTINE WAWULIRA | For many women, banking is not just about opening an account or taking a loan. It is about finding financial services that understand their realities, support their ambitions, and respond to the responsibilities they carry every day. This is why customer experience has …
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Kampala, Uganda | THE INDEPENDENT | Cross-border banking is becoming increasingly central to East Africa’s financial system as rising trade, travel and labour mobility drive demand for seamless regional financial services. Banks across the region are expanding beyond their home markets through branches, subsidiaries and digital platforms to follow customers, …
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Mergers and acquisitions in 2025 reflected a shift toward consolidation, regional scale and restructuring as firms responded to tighter regulation and rising capital demands. From cross-border bank takeovers and insurance mergers to fintech spin-offs, companies moved to strengthen balance sheets and position for long-term growth. The Independent highlights the key …
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Pearl Bank Climaxes Festive Campaign with Courtesy Visits to Media Partners Kampala, Uganda | THE INDEPENDENT | Pearl Bank (formerly PostBank Uganda) has climaxed its festive campaign dubbed “Pearl Santa”, with visits to key media groups like Nation Media, Vision Group, Next Media, among others, in recognition of the continued support …
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Kampala, Uganda | THE INDEPENDENT | I&M Bank has introduced IMBRISK, a new transactional banking solution that allows customers to deposit, withdraw, and transfer funds across I&M Bank branches in Uganda, Kenya, Tanzania and Rwanda, regardless of where their accounts are domiciled. The platform enables both new and existing customers …
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The Independent Uganda: You get the Truth we Pay the Price
