NCBA’s 2024 financial results demonstrated robust and consistent growth across key indicators. Net loans and advances increased by 18%, rising from Shs253 billion to Shs298 billion, while customer deposits grew by 15% to Shs654 billion. Profit before tax surged by an impressive 40%, climbing from Shs 32 billion …
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Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has hailed the innovative mobile and online lending products introduced by financial institutions, noting their significant contribution to financial deepening and inclusion. This innovation began in 2016 when NCBA Bank—then operating as Commercial Bank of Africa—partnered with MTN Uganda to launch …
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KAMPALA, UGANDA | THE INDEPENDENT | The Ministry of Energy and Mineral Development has ignited Uganda’s electric vehicle (EV) revolution with the launch of its inaugural public EV charging station at Amber House, in a move aimed at propelling EV adoption nationwide, stimulating market growth, and significantly reducing Uganda’s carbon …
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Wakiso, Uganda | THE INDEPENDENT | Golf enthusiasts are set for an exciting season as the NCBA Uganda Monthly Mug makes its highly anticipated return to the Mary Louise Simkins Golf Course, Namulonge, for the 2025 season. The tournament kicked off on Jan. 25, promising an exhilarating combination of fierce …
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Kampala, Uganda | THE INDEPENDENT | NCBA is delighted to announce the successful conclusion of this year’s NCBA Junior Golf Series, held at the Uganda Golf Club over the weekend. This event highlights NCBA’s commitment to nurturing young talent and developing golf among Uganda’s younger generation. The NCBA Junior Golf Series …
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Kampala, Uganda | THE INDEPENDENT | NCBA has announced the full rebrand of the US Kids Golf Tour to NCBA Junior Golf Series making it part of the Annual NCBA Golf Series tournaments sponsored by NCBA Bank, executives announced on Sept.29. The rebrand marks a significant drive to …
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Kampala, Uganda | THE INDEPENDENT | In a bid to empower individuals with better access to micro-loans and savings, NCBA Bank Uganda, and MTN MoMo have joined forces to launch the “Mo Money with Mokash” campaign. The campaign, running for the next eight weeks, started on May 15 and aims to …
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Kampala, Uganda | THE INDEPENDENT | Corporate banker NCBA and Business Network International (BNI) have partnered to promote business growth and networking among small and medium-sized enterprises, said to have the highest attrition rate in Uganda. The two held a business networking expo at the UMA showground in Lugogo, over the …
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Kampala, Uganda | THE INDEPENDENT | NCBA Bank Uganda has partnered with MTN Uganda to launch a new mobile loan initiative dubbed Mo Money with More Mokash campaign. The campaign is aimed at empowering individuals with better access to micro-loans and savings. The partnership is the latest development in the growing …
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Kampala, Uganda | THE INDEPENDENT | MTN Uganda Chairman Charles Mbiire has advised banks to invest more time in ensuring they collaborate with telecom companies to meet their growth targets. Mbiire was speaking as a chief guest at a dinner for NCBA Bank customers held in Kampala. He said …
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The Independent Uganda: You get the Truth we Pay the Price
