Kampala, Uganda | THE INDEPENDENT | Standard Bank has been ranked as the most valuable banking brand in Africa in 2024. This is the third consecutive year that Standard Bank has been ranked first in Africa Brand Finance’s annual ranking of the world’s Top 500 Banking Brands. The bank also …
Read More »NCBA Unveils Enhanced Premier Banking Offering
Kampala, Uganda | JULIUS BUSINGE | On Feb.22, NCBA Bank unveiled its revamped Premier Banking offering, targeting premier banking customers, prospects, and high-value stakeholders. The key features of the enhanced offering include extended banking hours at select branches, allowing customers to enjoy greater convenience. Additionally, customers now have access to online …
Read More »PostBank partners with Airtel
Kampala, Uganda | THE INDEPENDENT | PostBank Uganda has partnered with Airtel Money to foster financial inclusion by eliminating charges on all transfers made from the PostApp and PostMobile to Airtel Money wallets. This initiative seeks to reduce the financial burden on PostBank customers while enhancing their access to a wide …
Read More »Centenary Bank moves to WhatsApp banking
Kampala, Uganda | THE INDEPENDENT | On Jan.30, Centenary Bank announced the launch of its latest innovation, CenteWhatsApp banking designed to provide customers with convenient and secure access to a wide range of banking services directly through the widely used messaging platform, WhatsApp. To access CenteWhatsApp banking, customers are required to …
Read More »KCB Uganda Partners with Mkazipreneur
Kampala, Uganda | THE INDEPENDENT | KCB Bank Uganda, has partnered with Mkazipreneur, a Ugandan based community platform dedicated to fostering and advancing women entrepreneurship in Africa, and one that supports working women in both the informal and formal sectors through financial literacy. KCBU, through its initiative dubbed KCB Flme, will …
Read More »Higher customer demand raises Stanbic PMI to 54.8 in December
Kampala, Uganda | THE INDEPENDENT | Greater customer numbers during December fed through to higher new orders and business activity as the headline monthly Stanbic Purchasing Managers Index (PMI) rose to 54.8 from 53.4 in November, the lender said on Jan.10. This was the highest reading since June 2023 and above …
Read More »Crypto: The next big adoption challenge for African banks?
The last two decades have been tumultuous for African banking, with big international banks moving out of the continent and a bevvy of more nimble local banks stepping in to mop up opportunities in a fast-growing region. A technological revolution in the form of digital banking helped smaller banks spread …
Read More »Centenary Bank joins Global Alliance
Kampala, Uganda | THE INDEPENDENT | Centenary Bank, the largest commercial microfinance bank has joined the Global Alliance for Banking on Values (GABV), to mark the Banking on Values Day by urging banks to ‘Think Bolder’ in addressing social and environmental issues. GABV held a global virtual panel discussion with leaders …
Read More »Absa expands access to credit cards
Kampala, Uganda | THE INDEPENDENT | In a bid to expand access to credit card services in Uganda, Absa Bank Uganda has launched two new credit card digital innovations named ‘Buy Now, Pay Later’ and ‘Credit Card-Initiated Payments’. ‘Buy Now Pay Later’ will enable customers to make payments off their credit …
Read More »Stanbic’s back-to-school cash-back promotion
Kampala, Uganda | THE INDEPENDENT | At least 200 lucky parents stand a chance to win cash prizes worth Shs100 million when they pay school fees for their children through FlexiPay or Stanbic Bank agent banking channels, courtesy of a six-week back-to-school cashback promotion aimed at supporting guardians return their kids …
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