Kampala, Uganda | THE INDEPENDENT | UBA Uganda has been crowned the winner of the Digital Impact Awards Africa (DIAA) Social Banking award for its ground breaking Innovation -LEO Chat banking, at an event held at Kampala Serena Hotel last week. The 2018 Digital Impact Awards (DIAA) themed Include Everyone recognized …
Read More »UBA to unveil mobile, agent banking this month
Kampala, Uganda | ISAAC KHISA | Pan-African lender, United Bank for Africa, plans to roll out its mobile banking platform mid this month and later agent banking to facilitate customer convenience and also tap into the unbanked population. UBA Uganda CEO Johnson Agoreyo said the lender is in the final stage …
Read More »Resilience is key in entrepreneurship journey- UBA’s Elumelu
Kampala, Uganda | JULIUS BUSINGE | Tony Elumelu is the founder of The Tony Elumelu Foundation, which is currently running a 10 year –The Tony Elumelu Entrepreneurship Programme–worth US$100 million. The Independent’s Julius Businge captured some of the responses to the key issues raised during a public lecture on Africapitalism …
Read More »Why Ugandan bankers are heading to court to battle URA
Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers Association (UBA) is challenging a directive to its members requiring them to furnish information related to all the accounts they hold. Uganda Revenue Authority (URA) last month wrote to all Ugandan banking institutions asking them to release demographic and financial …
Read More »MasterCard partners with Centenary Bank on financial inclusion
Kampala, Uganda | GODFREY SSALI | MasterCard and Centenary Bank have unveiled a personalized debit card in Uganda dubbed the Masterpass QR. The unique MasterCard card can be customized with elements such as images, colors and more. The launch of the product in partnership with UBA is in harmony with MasterCard’s vision to advance …
Read More »Banks setting up company to wipe off bad loans
Banks setting up company to wipe bad loans off their balance sheets After years of struggling to cope with borrowers failure to pay loans, Ugandan commercial banks have come together to form a joint company to deal with the problem on their behalf. Formation of the company currently called the …
Read More »Islamic banking presents new opportunities
Tropical Bank takes lead with more than 8000 customers interested in taking up Islamic banking services The Secretary General of the Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank (ADFIMI), Nuri Birtek says Uganda’s commercial banks and investors need to support small and medium …
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