Bank of uganda
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News
DPF stuck with millions in unclaimed deposits from two liquidated banks
MASAKA CITY, May 5, 2025 – The Deposit Protection Fund of Uganda [ DPF ] is struggling to trace the rightful owners of millions of shillings in unclaimed deposits left behind by…
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News
Pride Microfinance to trade as bank after securing licence from BoU
KAMPALA, April 30, 2025 – Pride Microfinance has officially transitioned into a Tier II credit institution and will now operate as Pride Bank Limited, marking a significant milestone in its evolution. The…
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News
The big interview: Meet Stephen Mugumya Bongonzya – a seasoned banker and senior cooperator
MBARARA CITY, April 28, 2025 — theCooperator News recently sat down with Stephen Mugumya Bongonzya, Vice Chairman of the Uganda Cooperative Savings and Credit Union Limited [UCSCU]—the apex body for SACCOs in…
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News
BoU to regulate mortgage financing entities
KAMPALA, March 13, 2025 –– The Bank of Uganda [ BoU ] is set to regulate operations of mortgage refinancing institutions in the country once the Mortgage Refinance Institutions Bill, 2025 is…
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Opinions & Commentary
Credit referencing in Uganda: Unlocking opportunities for growth
KAMPALA, March 12, 2025 –– Uganda has a diverse range of credit providers, including commercial banks, credit institutions, and Microfinance Deposit-Taking Institutions [Tier 1 to Tier 3 financial institutions], Deposit-Taking Microfinance Institutions,…
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News
BoU Governor Atingi-Ego urges Karamoja communities to embrace gov’t credit facilities
MOROTO, March 11, 2025 – The newly appointed Governor of the Bank of Uganda [BoU], Michael Atingi-Ego, has called on communities in Moroto and the wider Karamoja region to take advantage of…
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News
Hard work pays: Atingi-Ego confirmed as new Governor of Bank of Uganda
KAMPALA, February 10, 2025 – President Museveni has confirmed Dr Michael Atingi-Ego as the new Governor Bank of Uganda [BoU], finally settling the concerns of bankers and other stakeholders in the local…
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News
UCSCU let down as EBO SACCO opts for BoU regulation
MBARARA, 3rd February 2025 – The Vice Chairman of the Uganda Cooperative Savings and Credit Union [ UCSCU ], Stephen Bongonzya, has expressed his disappointment regarding some of the larger Savings and…
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News
Excitement as BoU hands over fully equipped theatre to health centre in Hoima
HOIMA, January 29, 2025 – There was great excitement among local leaders and residents as the Bank of Uganda [ BoU ] officially handed over a state-of-the-art theatre to Kigorobya Health Centre…
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News
Bank of Uganda issues MDI licence to EBO SACCO
KAMPALA, January 28, 2025 – The Bank of Uganda [BoU] has granted a licence to EBO Cooperative Savings and Credit Society Limited, located in Bwizibwera Rutooma Town Council, Mbarara district. This licence…
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