Tag Archives: Banking

  Equity will now present itself as a unified brand with a consolidated business model for its inclusive range of financial services. Kampala, Uganda | THE INDEPENDENT | Equity Uganda, a wholly owned subsidiary of Equity Group Holdings has today unveiled a new identity in line with Equity Group Holdings’ ongoing …

Kampala, Uganda | THE INDEPENDENT | The financial sector forecast is that the full effect of the Covid-19 pandemic will be realized in the next two years when investments and projects that were started earlier were supposed to have started yielding returns. The real bad effect of the pandemic has not …

📌Digital Impact Awards Africa ➡ Best Bank on Social Media ➡ Card Payment Excellence award ➡ Digital Powered Campaign (National School Championships) Kampala, Uganda | THE INDEPENDENT |  Stanbic Bank Uganda has won awards in three categories at the 2020 Digital Impact Awards Africa that were in the past week …

    Nairobi, Kenya | THE INDEPENDENT | Equity Group has reported giving out 30% more loans than the previous year, as it supports companies seeking new opportunities as they recover from the COVID-19 lockdown. This has been possible as customer deposits grew from Kshs478 billion ($4 billion) to Kshs 691 billion ($6.3billion), …

Kampala, Uganda | THE INDEPENDENT |  The newly upgraded Stanbic Bank Uganda contactless Visa card that was launched in Kampala today, will make it easier, safer, and faster for customers to transact, and completely remove the need to withdraw or handle cash. The new card will have the latest technological applications that …

AfDB President survived several accusations including breaches of the bank’s code of ethics Kampala, Uganda | RONALD MUSOKE | Dr. Akinwumi Adesina will serve as president of the African Development Bank Group for another five-year term following his re-election by the Board of Governors on Aug.27. Dr Adesina, a former Nigerian …

African banks, including central banks, have been quick to appraise the situation in the wake of the lockdowns induced by Covid-19 and most have put mitigating measures in place. These, writes Neil Ford, will go a long way to reducing the impact of the inevitable loss of business across the board. | …

Kampala, Uganda | THE INDEPENDENT | Orient Bank management has said they agreed to sell majority shares of the bank to a Kenyan company which will facilitate its growth into a leading player in Uganda’s banking sector. On Monday, it emerged that I&M Holdings Limited, the owners of I&M Bank Kenya, …

Kampala, Uganda | THE INDEPENDENT | Pan-African lender, United Bank for Africa, Uganda, has appointed Chioma Mang as the new Chief Executive Officer to replace John Agoreyo. Agoreyo, who has been at the helm of the lender for the last four years, has seen UBA Uganda move from a loss …

Here’s how African banks can adapt to shifts in consumer behavior | THE INDEPENDENT | A new report by McKinsey & Company says in order to stay relevant and responsive to consumer needs, banks will need to consider both short-term expectations and long-term post-COVID-19 shifts in consumers’ preferences and behaviors. …