Banking
Centenary Bank
Centenary Malawi turns to Finance Trust chief after rapid growth
Finance Trust’s Nakawunde moves to Centenary Bank Malawi as the lender seeks to sustain growth with tighter credit control
Bank of Uganda
Provision releases and currency gains drive Bank of Uganda’s doubled surplus
Bank of Uganda's reported surplus doubled to Shs1.3tn ($365.5mn), but underlying earnings fell once provisions and currency gains are removed
Bank lending
Bank lending grows at its fastest rate since 2015
Bank lending in Uganda grew at its fastest annual rate since 2015 in August, led by foreign-currency loans, according to Bank of Uganda data
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
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
Private sector credit
Lending to the private sector increases at its fastest rate in two years
Lending to the private sector grew at its fastest pace in two years in April, according to data from the Bank of Uganda, spurred by an increase in commercial bank lending
BoU releases more information on EFC Uganda depositor payout
Bank of Uganda on Tuesday released more information on how depositors of the liquidated microfinance EFC Uganda Limited can access their funds
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