Kampala, Uganda | THE INDEPENDENT | Uganda’s banking sector has joined Diamond Trust Bank in the fight to overturn a court judgement that saw DTB lose a 42 billion Shilling case to Ham Enterprises. The industry fears that this decision if implemented, will have far-reaching consequences on the industry. Ham …
Read More »Ugandan banks close at 2pm to allow staff beat curfew
Kampala, Uganda | THE INDEPENDENT | Several commercial banks have announced they will revise down their closure time to allow staff enough time to drive home so as not to be caught by the 7pm curfew. While some banks have not yet indicated that they will shift from the …
Read More »Housing Finance Bank registers Shs 18.05bn net profit
It now joins Stanbic, Stanchart, DFCU, DTB that have also recorded surge in profits in 2016 Uganda’s commercial banks spent almost the entire of last year worried about making money in a rather challenging economic environment that was characterised by high interest rates amidst slow economic activities. But they seemed …
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