Banking Sector
Banking Sector
Stanbic trading desk powers record profit
Stanbic Uganda Holdings posted its strongest profit growth in three years in 2025, led by a surge in trading income and compressed interest margins
Board changes
Bank of Baroda Uganda appoints new managing director
Bank of Baroda Uganda appoints Chandan Singh as managing director after receiving regulatory approval from Bank of Uganda
Bank of Baroda executive director resigns
Bank of Baroda Uganda on Wednesday announced the resignation of its executive director, Bhati Prithvi Singh, after more than four years in the role
Bank of Baroda adds executive director to board
Bank of Baroda Uganda has appointed Deepak Kumar Mishra, the current assistant general credit manager, to its board as an executive director
Bank lending
Banks set to ease credit standards on business loans
Banks expect to ease lending standards in the quarter ending in September as loan performance improves for businesses and declines for households, and demand for credit from firms increases, according to a Bank of Uganda survey
Strong economy to boost bank lending, deposits in 2024, says BMI
Improved economic conditions and lower lending rates are expected to increase demand for bank credit, in contrast to last year when loan growth slowed
Independent arbitration center to reduce costs and time in commercial disputes – Kasekende
The Alternative Dispute Resolution Framework for the banking and financial sector will help to expedite justice with respect to commercial law in Uganda through two channels. It will offer an opportunity for litigants to settle commercial disputes without going through the commercial courts, and thereby much more quickly and almost certainly at much lower costs
Lean times for banks’ loan growth and profits in FY17
There are no major threats to the stability of the financial system, at least as of June 2017, according to Bank of Uganda's Financial Stability Report