Banking
Banking Sector
Stanbic trading desk powers record profit
Stanbic Uganda Holdings posted its strongest profit growth in three years in 2025, led by a surge in trading income and compressed interest margins
Bank lending
Banks set to ease credit standards on business loans
Banks expect to ease lending standards in the quarter ending in September as loan performance improves for businesses and declines for households, and demand for credit from firms increases, according to a Bank of Uganda survey
Private sector credit
Lending to the private sector increases at its fastest rate in two years
Lending to the private sector grew at its fastest pace in two years in April, according to data from the Bank of Uganda, spurred by an increase in commercial bank lending
BoU releases more information on EFC Uganda depositor payout
Bank of Uganda on Tuesday released more information on how depositors of the liquidated microfinance EFC Uganda Limited can access their funds
Strong economy to boost bank lending, deposits in 2024, says BMI
Improved economic conditions and lower lending rates are expected to increase demand for bank credit, in contrast to last year when loan growth slowed
Bank of Uganda shuts down EFC Uganda, takes control
Bank of Uganda shut down the microfinance institution on Friday, citing failure to meet minimum capital requirements and 'poor corporate governance'
Two top 100 African bank rankings, same two Ugandan banks
Two rankings of the top 100 African banks in 2023 feature the same two banks from Uganda, both of which also place in the top ten for profitability
BoU deputy governor’s speech at the launch of Islamic banking in Uganda
Deputy governor says Islamic banking will promote financial inclusion and expand product range