Tag Archives: Mobile lending

Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has hailed the innovative mobile and online lending products introduced by financial institutions, noting their significant contribution to financial deepening and inclusion. This innovation began in 2016 when NCBA Bank—then operating as Commercial Bank of Africa—partnered with MTN Uganda to launch …

KAMPALA, UGANDA | THE INDEPENDENT | NCBA Bank Uganda’s customer base has surged to 14 million, largely driven by users of its mobile lending and saving platform, MoKash. According to management, MoKash was a key contributor to the bank’s strong financial performance in 2024, helping push revenues and profits up by …