Tag Archives: UBA

Kampala, Uganda | THE INDEPENDENT | United Bank for Africa has extended its operations to the United Arab Emirates with the official launch of its new branch at the Dubai International Financial Centre (DIFC). The lender will operate under the Category 4 license and will be regulated by the Dubai Financial Services …

Kampala, Uganda | THE INDEPENDENT | The government is determined to continue with the electronic system of agricultural input purchases. The e-Voucher system launched in 2019 was developed by United Bank for Africa and used as a purchase and payment system to boost the Agriculture Cluster Development Program (ACDP). The system …

Kampala, Uganda | THE INDEPENDENT | The Executive Director of Uganda Bankers’ Association (UBA), Wilbrod Owor says that the total direct school loan portfolio is currently 1.3 trillion Shillings, and this includes institutional and personal loans and the accumulated interest. He adds that their records also indicate another 600 billion debt …

Famers in Gulu are decrying losses after money they injected for agricultural inputs was allegedly swindled by a former employee of UBA Gulu, Uganda | THE INDEPENDENT | The Agriculture Cluster Development Project-ACDP rolled out in partnership with the Ministry of Agriculture, Animal Industry and Fisheries and the World Bank in …

The conference will focus on strengthening capacity to thrive in the 4th industrial revolution Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers Association (UBA) is set to hold the 4th Annual Bankers Conference on the July 26-27, under the theme: Bend but don’t break: How the financial sector can thrive in …

Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers Association-UBA is petitioning the Central Bank to block the proposed taxation of cash withdrawals from the bank. The proposal has drawn condemnation across sections of the public after the Ministry of Finance Planning and Economic Development wrote to the Governor of the …

  Kampala, Uganda |THE INDEPENDENT | Isaac Khisa |  United Bank for Africa Uganda has a new managing director, as Chioma Mang took the top job at the Jinja-Road headquartered lender this month. Mang succeeds Johnson Agoreyo who was the MD from June 2016 – September 2020.    Mang was appointed to …

Experts warn of dire consequences for the private sector, government in relation to access to capital Kampala, Uganda | RONALD MUSOKE | Capital inflow in form of loans is big business in Uganda. In both the private and public sectors, loans secured from foreign investors boost service delivery, improve people’s …

Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, United Bank for Africa Plc, has acted as Facility Agent Bank for the Nigerian Commercial Banks in a consortium with other international banks in a $1.5 Billion Pre-Export Finance Facility for the Nigerian National Petroleum Corporation (NNPC) and its upstream subsidiary, …

Kampala, Uganda |  THE INDEPENDENT |  Banking institutions in May restructured loans worth Shillings 2.5trillion as more businesses and individuals applied to have their loan repayments halted due to disruptions by corona virus-COVID-19. This is more than the Shillings 2 trillion that were restructured in April 2020. Wilbrod Owor, the Executive …