Business

Stanbic Bank contributes Shs250m for 2019 MTN Kampala Marathon

Business
Stanbic Bank has handed over Shs250 million to MTN Uganda as its contribution towards the 2019 MTN Kampala Marathon. The Bank has been a key...

NPLs decline 5.2 percent in June 2019 as Stanbic Bank, Standard Chartered Bank are cited as key banks in Uganda

Business
There was a reduction of 5.2 percent in the banking industry’s stock of non-performing loans (NPLs) to Shs514.9 billion as at end of June...

Commercial banks’ assets rise 10.5 percent in June 2019, says BOU

Business
As at end June 2019, commercial banks in the country accounted for 95.2 percent of the banking sector total assets of Shs31.8 trillion as the...

EAC banks raise total assets to US$70.6b in March 2019

Business
The banking sector in the EAC region registered strong growth as at end March 2019 where total assets for commercial banks had grown by...

Targeted national policy reform to promote regional integration can increase competitiveness of East Africa’s economies – report

Business
East African countries are progressively improving their policy frameworks governing trade, but governments need to do more to improve the business environment as a...
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