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Tag Archives: Kakeeto

PostBank enters tier one territory for banks

PostBank Uganda has officially announced its ascension to tier one status after receiving a license from the Bank of Uganda. Kampala, Uganda | THE INDEPENDENT | The bank, as mandated by the law, shall no longer be categorized as a credit institution but as a deposit taking financial institution that …

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PostBank net profit up 16.7%

Supported by earnings on deposits, loans, fees and commission Kampala, Uganda | JULIUS BUSINGE | Tier II lender, PostBank Uganda has reported an increase in profit after tax from Shs8.3bn in 2019 to Shs10bn in 2020 amidst the COVID-19 pandemic crisis. According to its financial results released on May 03, …

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