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Property
The role of banks and developers in creating affordable housing for Ugandans
Uganda’s population is projected to grow from 37 million today to 41.2 million by 2020 (UBOS) and yet the country currently has a housing deficit that stands at close to 1.2 million units
October 30, 2017
Economy
Private sector lending growth picks up in August
Uganda's private sector credit extension grew 6.2% in August from the same month in 2016, accelerating from July's 5.7%
October 16, 2017
Economy
Liquidity ratio in Uganda’s banking sector up by 6.7% – Central Bank
The liquidity ratio in Ugandan banks has improved by 6.7%, an indication that the banking sector has adequate capital buffers
September 19, 2017
Companies
Digital Economy
For banks, the phone is replacing the bricks and mortar branch
Branch network is one of the metrics banks usually use to measure success. The more successful a bank, the more branches across the country. That, however, may be changing as digital banking and agency banking take root in Uganda's banking sector
September 13, 2017
Economy
Bank credit to the private sector steady in July
An increase in loans to the agriculture and trade sectors, as well as personal loans and household loans, was responsible for the growth in bank credit to the private sector in July
September 6, 2017
Opinion
Introduction of Bancassurance in Uganda will be financial sector game changer
Ugandan commercial Banks are now in position to offer Bancassurance to complement their existing bouquets of products after the Ministry of Finance approved regulations governing the model
August 24, 2017
Executive Profiles
Movers & Shakers
Profile: Fabian Kasi, managing director of Centenary Bank
Fabian Kasi, 51, is an accountant. He joined Centenary Rural Development Bank in August 2010 from FINCA Uganda, where he had served as Country Director (2002-2010). In 2015, after five years under his leadership, the bank's customer deposits grew by 17.5% above the industry average of 12.1% in that year.
August 23, 2017
Companies
Corporate earnings and results
Markets
Stanbic profits in first half of 2017 drop on lower interest rates
Stanbic Bank, Uganda's largest bank by assets, reported a year-on-year fall in after-tax profit for the first half of 2017, which it said was emblematic of suboptimal growth in the banking sector
August 15, 2017
Economy
IMF calls for more intrusive bank supervision, and revises down growth forecast
The International Monetary Fund is the latest institution to downgrade Uganda's growth projections for the current financial year, following similar updates by the World Bank and the Bank of Uganda.
May 17, 2017
Economy
Commercial bank lending growth slows in March
Commercial banks' lending to the private sector in March expanded by 6.2% year-on-year, less than February's 7.5% rate, but still the sixth consecutive month credit growth has been positive.
May 7, 2017
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