The Kenya Commercial Bank (KCB) Uganda has taken a significant step in supporting the growth and resilience of Uganda’s energy industry by unveiling two new products specifically designed for the oil and gas sector. The products, launched during the KCB…
MTN Mobile Money (U) Limited (MTN MoMo) has launched Wesotinge Season 2, aiming to further empower Ugandans through accessible, fast, and convenient financial services. Following the success of Season 1, which saw a significant increase in loan uptake, Season 2…
The seventh annual bankers’ conference, hosted by the Uganda Bankers Association (UBA) on June 19th at the Kampala Serena Hotel, buzzed with discussions on Environmental Social and Governance (ESG) issues, reflecting a growing global trend among businesses. Under the theme…
Stanbic and dfcu banks are the only Ugandan banks that have appeared in the East African Top 20 banks despite banks recovering from the impact of the coronavirus pandemic. The latest annual survey by South Africa’s African Business Magazine ranks…
Centenary Bank and Absa wrote the largest premiums from bancassurance for the quarter ended March, details from Insurance Regulatory Authority (IRA) show. During the period, data from IRA indicates, Centenary Bank wrote the largest premiums in the life category, recording…
The Rwandan subsidiaries of regional lenders KCB and Equity have auctioned a prime shopping mall in Kigali for $16.4 million. BPR Rwanda, a unit of KCB, and Equity Bank Rwanda were seeking to recover a $16 million loan the owner…