Kampala, Uganda | THE INDEPENDENT | Absa Uganda has hosted an industry-wide workshop focused on the critical importance of data privacy in the digital age. The event was held at the Golden Tulip Hotel in an effort to boost and uphold the highest standards of ethical banking and customer …
Read More »Stanbic’s steady hand
The lender’s blend of loan growth, fee income, community outreach and cautious risk-taking offers a model others may struggle to emulate Kampala, Uganda | THE INDEPENDENT | Uganda’s biggest bank is in rude health. Stanbic Uganda Holdings reported a profit of Shs 278 billion for the first half of 2025, up …
Read More »How digital innovation is transforming banking in Uganda
OPINION | Samir Yassine | Imagine opening a bank account in minutes, without stepping into a banking hall, queuing up, or filling out piles of forms. Just you, your phone, and a few taps. That’s the power of digital account opening—and if you haven’t tried it yet, you’re missing out …
Read More »Banking on a plastic-free future through collective action
At Centenary Bank, monitoring and recycling our solid waste is at the top of our sustainability agenda to ensure our waste is repurposed or properly disposed of to avoid polluting the environment. COMMENT | EMMANUEL OTUKO | This year’s theme for World Environment Day 2025 – “Beat Plastic Pollution” is …
Read More »NCBA’s agenda for 2025 focuses on digital, green financing
The lender plans to driving corporate banking leadership through industry-specific initiatives, particularly asset finance, and invest in digital technologies Kampala, Uganda | JULIUS BUSINGE | NCBA Bank Uganda is pushing 2025 with an ambitious outlook, positioning itself to deepen its leadership in corporate banking, scale up its digital transformation efforts, and …
Read More »Knowledge gap slows ESG compliance in Masaka
Masaka, Uganda | THE INDEPENDENT | The lack of proper knowledge, coupled with customer resistance and misconceptions, has been blamed for the slow adoption of Environmental, Social, and Governance (ESG) principles in lending practices among microfinance institutions in the Masaka region. The ESG framework, adopted in 2022 by United Nations …
Read More »Deposit Protection Fund reviewing limit for depositors
Kampala, Uganda | THE INDEPENDENT | The Deposit Protection Fund (DPF) is considering reviews to enhance its operational mandate of providing statutory protection to account holders in commercial banks. The reviews seek to increase the fund’s protection limit for depositors with account balances over 10 million shillings in commercial …
Read More »Evolution of AI in banking and financial services
Embracing these technologies and rethinking traditional approaches, banks can not only navigate the challenges of today but also seize the opportunities of tomorrow ANALYSIS | PATRICK ADENGO | When you imagine Artificial Intelligence (AI) in banking, do you envision robots managing your transactions or smart systems navigating complex financial decisions? Or …
Read More »DFCU doubles profit to Shs 72bn as sector competition heats up
Ugandan lender sets sights on profitability top-tier as rivals Stanbic and Bank of Baroda stay ahead—for now Kampala, Uganda | THE INDEPENDENT | In a banking sector still feeling the effects of cautious post-pandemic recovery and tighter monetary conditions, dfcu Bank has delivered a notable performance that signals a shift …
Read More »Equity Bank to work with FinTechs to transform customers’ lives
Equity Bank Uganda and FITSPA Strengthen Digital Financial Inclusion through Fintech Collaboration Kampala, Uganda | THE INDEPENDENT | Gift Shoko, Managing Director of Equity Bank Uganda, has re-affirmed that the future of banking is not just about banks but more about strategic partnerships and shared infrastructure with FinTechs to provide seamless …
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