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Tag Archives: PostBank

Postbank’s Agriculture Loan Book registers 70% growth 3 years

  Kampala, Uganda | THE INDEPENDENT | PostBank Uganda’s agricultural loan book has registered commendable growth of 70% over a four-year period, from Ushs. 107 billion in 2021 to a 70% growth rate by June 2024. Officials attribute the impressive performance to favorable lending rates, government support, and other contributing …

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PostBank aids farmers in Arua district

Arua, Uganda | THE INDEPENDENT | More than 150 cassava farmers and SMEs involved in different stages of the value chain in Arua District have gone through a 4-day extensive training under the PostBank Agri-SME Skills Development Programme, facilitated in partnership with Federation of Small and Medium Enterprises (FSME) to equip …

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Ibrahim Kato named Chief Retail Officer at PostBank

Kampala, Uganda | THE INDEPENDENT | Ibrahim Kato is PostBank Uganda Limited’s new Chief Retail Officer. According to a statement from the bank, Kato will be responsible for the formation and execution of the bank’s business growth strategy across distribution channels, fintech business, aales, and bancassurance. “Ibrahim currently oversees the bank’s retail …

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PostBank partners with Airtel

Kampala, Uganda | THE INDEPENDENT | PostBank Uganda has partnered with Airtel Money to foster financial inclusion by eliminating charges on all transfers made from the PostApp and PostMobile to Airtel Money wallets. This initiative seeks to reduce the financial burden on PostBank customers while enhancing their access to a wide …

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Postbank partners MTN Uganda to digitize PDM payments

Kampala, Uganda | THE INDEPENDENT | PostBank Uganda in partnership with MTN Uganda has launched “Wendi,” a mobile wallet platform designed to support the government in the seamless disbursement of Parish Development Model funds. The platform powered by PostBank strategically pivots on the group savings and funds management, digital money savings, …

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PostBank records Shs15.1bn profit after tax

Kampala, Uganda | THE INDEPENDENT | PostBank has announced its financial results with a 19% increase in net profit for the year ended December 31st, 2022. The state-owned bank reported a net profit of UGX. 15.1 billion, a solid year-over-year growth of 19.3% up from the UGX. 12.2 billion net profit …

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