KCB Bank Uganda celebrated the graduation of Senior Leaders and NextGen Leaders from its KCB Leadership Way Academy’s programmes, underscoring the Bank’s commitment to building a high-performance leadership pipeline to drive growth, innovation, and excellent customer experience across its operations. The graduation ceremony was presided over by KCB Bank Uganda Managing Director Edgar Byamah and…
After more than 16 years as Managing Director of Centenary Bank, Fabian Kasi is leaving behind a stronger institution than the one he inherited. During his tenure, the bank expanded its footprint, grew its financial performance, embraced digital banking, and strengthened financial inclusion across Uganda. As he hands over leadership to incoming Managing Director Godfrey…
From Left to Right: Equity Group Chief Strategy Officer, Brent Malahay, Group Chief Finance and Transformation Officer, Anthony Murage, Group Company Secretary and Head of Tax, Lydia Ndirangu, Group Chairman, Prof. Isaac Macharia, Group Managing Director and CEO, Dr. James Mwangi, and Group Director, Governance & Strategic HR, Victoria Cherotich, during the Group’s 22nd Annual…
Digital financial services platform Wendi Mobile Wallet, developed by Pearl Bank, has enhanced its savings proposition, introducing a new plan that offers customers up to 12.5% tax-free interest per annum, as it seeks to deepen financial inclusion and encourage a stronger savings culture among Ugandans. The new offering marks an increase from Wendi’s existing savings…
Standard Chartered Bank Uganda and Absa Bank Uganda Limited have received regulatory approval from the Bank of Uganda for Standard Chartered Bank Uganda Limited to sale its Wealth and Retail Banking (WRB) business to Absa Bank Uganda Limited. The approval marks an important milestone for Uganda’s banking sector and reflects continued confidence in the strength,…
Absa Bank Uganda is positioning for its next phase of growth after a strong 2025 performance, with customer deposits rising to UGX 4.6 trillion and total assets increasing by 29.4%, strengthening its capacity to extend financing as demand for financial services grows. “Our performance in 2025 reflects the deliberate choices we have made to strengthen…
There is something quietly significant unfolding in Uganda’s banking sector, and it goes beyond the headline numbers. Pearl Bank’s latest financial results for the year ended December 2025 tell a story of strong growth. Profit after tax rose 34 percent to sh47.3 billion, customer deposits climbed 43 percent to sh1.42 trillion, and Wendi wallet balances…
Standard Chartered and Absa Bank Uganda, a wholly owned subsidiary of the Absa Group, have entered into an agreement for the sale of Standard Chartered Uganda’s Wealth and Retail Banking (WRB) business portfolio in Uganda. This follows Standard Chartered’s 27 November 2024 announcement of its intention to explore a potential sale, in line with the…
Equity Group Holdings Plc held its 21st Annual General Meeting (AGM), where shareholders voted in favor of all the proposed resolutions, demonstrating strong confidence in the Group’s strategic direction and governance. The meeting, conducted virtually and attended by shareholders worldwide, saw significant approvals that will shape the future of the organization. Shareholders approved a dividend…
PostBank Uganda, whose purpose is to foster prosperity for Ugandans, has today held its 2024 Annual General Meeting (AGM) at the Ministry of Finance, Planning and Economic Development (MoFPED) offices in Kampala, where its performance was commended by the shareholders, highlighting the banks solid performance and being among the most profitable Government entities after posting…
