cooperative bank
-
News
BoU warns Masindi locals against unregulated financial institutions as outreach exposes service gaps
MASINDI, April 17, 2026 — The Bank of Uganda [BoU] has cautioned residents of Masindi district against keeping money at home or entrusting it to unregulated financial institutions, warning that such practices…
Read More » -
News
Mbarara: UCA rallies stakeholders to support re-establishment of cooperative bank
MBARARA CITY, January 12, 2026 – The Uganda Cooperative Alliance [ UCA ] recently held a strategic engagement with cooperative societies across the Ankole and Kigezi sub-regions to mobilise support for the…
Read More » -
News
UCA engages coffee cooperatives on revival of Cooperative Bank
MBALE CITY, December 8, 2025 — The Uganda Cooperative Alliance [UCA] has held an engagement meeting with leaders of coffee cooperatives from the eastern region to discuss the revival of the Cooperative…
Read More » -
News
Nandala Mafabi to Kwania residents: Vote for me and I will revive Cooperative Bank
KWANIA, October 18, 2025 — Forum for Democratic Change [FDC] presidential candidate, Nathan Nandala Mafabi, has pledged to revive the defunct Cooperative Bank if elected President of Uganda in the upcoming January…
Read More » -
Cooperatives & Communities
CIC partners with TDB and Swiss bank, Vontobel to launch the CIC Global Balanced Special Fund
NAIROBI, October 9, 2025 — CIC Insurance Group has partnered with the Trade Development Bank [TDB] for strategic sponsorship to strengthen its offshore positioning through an operational partnership with Swiss private bank Vontobel that is also tasked with…
Read More » -
News
Second Cooperative Bank in Uganda in the pipeline after closure of first one
KAMPALA, September 19, 2025 –Ugandan cooperators will in the near future have a fully-fledged Cooperative Bank established after yesterday’s launch of the National Cooperative Savings and Credit Society Limited [NCSCSL] at the…
Read More » -
News
President Samia praises cooperative sector at launch of Co–operative Bank of Tanzania
DODOMA, May 5, 2025 – President of Tanzania, Dr Samia Suluhu Hassan, has praised the ongoing progress of the country’s cooperative sector, noting its role in enhancing productivity and improving the livelihoods…
Read More » -
News
Industry shock as BoU revokes Mercantile Credit Bank licence
KAMPALA, June 18, 2024 – The Bank of Uganda [BoU] has with immediate effect revoked the licence of Mercantile Credit Bank Limited and ordered the lender to wind up its affairs, sending…
Read More » -
News
Cooperators urged to mobilise Shs 300bln to capitalise National Cooperative Bank
MBARARA, May 10, 2024 – Cooperators, and cooperatives in Uganda have been told to be ready to raise Shs 300 billion to capitalise the new proposed National Cooperative Bank. According to the…
Read More » -
Cooperatives & Communities
Co-operative Bank of Kenya to pay shareholders Ksh 8.8bln in dividends
NAIROBI, March 25, 2024 – The Co-operative Bank of Kenya has maintained a dividend of Ksh 1.5 per share for the year ended December 31, 2023 after it recorded a 5.2 percent…
Read More »