bank
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Cooperatives & Communities
Muslims in Uganda urged to form SACCOs
KAMPALA– Muslims in Uganda have been advised to form Saving and Credit Cooperatives [SACCOs] if they are to benefit from government’s poverty eradication programmes such as Emyooga and Parish Development Model [PDM].…
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Africa
Centenary Bank on list of nominees for 2022 edition of the African Banker Awards
KAMPALA– The African Banker magazine has announced the shortlist of over 60 nominees for this year’s edition of the African Banker Awards, with Ugandan Centenary Rural Development Bank and Tugende Global nominated…
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News
Centenary Bank gross profit surge 33.6 percent
KAMPALA- Centenary Bank earned gross profit of about Shs 288.5 billion in 2021, which was 33.6 percent growth when compared to about Shs 216 bln earned in 2020. The bank’s Managing Director…
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News
Finance Trust Bank sees gross profit rise of 61.9 percent in 2021
KAMPALA– Finance Trust Bank has released a summary of financial statements for the year ended December 31, 2021, showing its profit before tax curve going up by 61.9 percent to about Shs 13.6…
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News
Post Bank posts 15.8 percent growth in gross profit
KAMPALA – As Post Bank continues to celebrate the milestone of getting a Tier One License from Bank of Uganda [BoU] to operate as a fully-fledged commercial bank, latest financial statistics show the…
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News
Shs116b Lira-Kamdini road construction launched
LIRA – The government has launched the reconstruction of Lira –Kamdini road which covers 75km stretch in the three districts of the Lango sub region. State Minister for Works and Transport, Musa…
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News
Fort Portal diocese seeking Shs1bn for Uganda Martyrs celebrations
FORT PORTAL – Fort Portal catholic diocese is looking for Shs 1bn for preparation of the annual Uganda Martyrs’ Day celebrations slated for June 3, 2022. The Uganda Episcopal Conference selected Fort…
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Magazine
Standard Chartered launches Bank More Score More Season II
KAMPALA – Standard Chartered Bank launched ‘Bank More Score More’ season II campaign that runs from April 1 to June 30, 2022. This was days ago unveiled during a match viewing party…
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News
Kenya’s KCB Group posts 8% jump in Q1 net profit
NAIROBI (Reuters) – Kenya’s biggest lender KCB Group saw an 8% jump in profit after tax in the first quarter to March, to 6.3 billion Kenyan shillings ($59 million), it said in…
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