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Tag Archives: UBA

Customers Bank deposits now protected up to UGX 10m

Kampala, Uganda | THE INDEPENDENT | The government has increased the deposit insurance limit from the current 3 million to 10 million shillings. This is the amount of money that is put aside to cater for misfortunes like the closure of a bank, as a guarantee that depositors can be …

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Banks want to discuss with gov’t on Landlords and tenants bill

Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers Association has said they want to discuss with government their concerns with the Landlord and Tenants Bill 2018 before it is assented into law by President Museveni. Wilbrod Owor, the UBA Executive Director, said as bankers they still have concerns with some …

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2019 Bankers conference to attract 500 participants

Kampala, Uganda | Julius Businge | About 500 people are expected to attend the 3rd Annual Bankers Conference to be held at Kampala Serena Hotel on July 16. The Uganda Bankers Association (UBA), an umbrella organisation for all commercial banks is the overall organiser of the conference that will carry the theme …

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Bankers’ conference to discuss funding for farmers

Kampala, Uganda | THE INDEPENDENT | Ugandan bankers will this month use their annual conference to discuss how they can offer money to the agricultural sector. According to Patrick Mweheire, the Executive Director of Stanbic Bank and Chairman of Uganda Bankers’ Association (UBA), agriculture has huge impact on key issues …

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Bankers seek clarification on what constitutes family land

Kampala, Uganda | THE INDEPENDENT | Uganda Bankers Association-UBA has tasked government to provide a clear definition of what constitutes family land. Section 14 of the Land (Amendment) Act, 2004, defines family land as land where the family home is situated, land that helps sustain the family (such as land …

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Pan-African bank unveils full operations in United Kingdom

Kampala, Uganda | ISAAC KHISA | Pan-African lender, United Bank for Africa, has unveiled a full operation in the United Kingdom, opening up trade opportunities between the continent and European nations. This follows authorization of the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) for UBA (UK) Limited …

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