Banking Sector

BankingCompaniesCorporate earnings and resultsMarkets

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
Standard Bank Group's headquarters in Johannesburg
Companies

Bank of Baroda Uganda appoints new managing director

Bank of Baroda Uganda appoints Chandan Singh as managing director after receiving regulatory approval from Bank of Uganda
Bank of Baroda's headquarters on Kampala road, Kampala
Companies

Bank of Baroda executive director resigns

Bank of Baroda Uganda on Wednesday announced the resignation of its executive director, Bhati Prithvi Singh, after more than four years in the role
Bank of Baroda's headquarters on Kampala road, Kampala
Companies

Bank of Baroda adds executive director to board

Bank of Baroda Uganda has appointed Deepak Kumar Mishra, the current assistant general credit manager, to its board as an executive director
Bank of Baroda (Uganda) Limited headquarters in Kampala
BankingEconomy

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
Entrance to the personal banking section of a bank
BankingEconomy

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
BMI predicts that loan growth in 2024 will be driven by personal and household loans, borrowing from the agriculture sector, and the construction sector.
Politics & Policy

Independent arbitration center to reduce costs and time in commercial disputes – Kasekende

The Alternative Dispute Resolution Framework for the banking and financial sector will help to expedite justice with respect to commercial law in Uganda through two channels. It will offer an opportunity for litigants to settle commercial disputes without going through the commercial courts, and thereby much more quickly and almost certainly at much lower costs
Economy

Lean times for banks’ loan growth and profits in FY17

There are no major threats to the stability of the financial system, at least as of June 2017, according to Bank of Uganda's Financial Stability Report
Politics & Policy

Bank of Uganda announces staff changes as Bagyenda retires

Bank of Uganda has announced several appointments to its top management team and transfers, including a new executive director of supervision
Officials seated around a conference table during a press briefing
Economy

2017 was a year of consolidation in the banking sector – Kasekende

Many of the problems facing the banking industry today can be more effectively solved if banks cooperate to pool resources and realise economies of scale and thereby reduce costs
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