Kampala, Uganda | THE INDEPENDENT | United Bank for Africa (UBA) Group plans to invest in women and youth initiatives across Africa to aid their growth. During the virtual celebration of Africa Day under the theme “Innovating the Continent for growth”, UBA Group Managing Director, Oliver Alawuba said the bank is …
Read More »United Bank for Africa supports FortPortal School
Kampala, Uganda | THE INDEPENDENT | On March 15, United Bank for Africa (UBA) Uganda provided more than 500 literature books and other items to Fort Portal Senior Secondary School through UBA Foundation which is its Corporate Social Responsibility arm with an initiative ‘’Read Africa’’. This is one way the Bank …
Read More »COVID-19 rescue facility for MSMEs performing miserably
Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda (BOU) has admitted that a package introduced to rescue small and micro enterprises from the effects of COVID-19, has hardly worked, almost one and a half years later. According to information from the Bank, just six billion shillings has been …
Read More »United Bank of Africa chief executive visits Uganda
Kampala, Uganda | THE INDEPENDENT | The United Bank of Africa Group Chief Executive Officer Oliver Alawuba has described Uganda as one of the most dynamic and transformative market that the lender continues to support. Speaking to journbalists on Nov.18, Alawuba said, “Many companies are now laser-focused on transformation – …
Read More »UBA Group opens banking operations in Dubai.
The branch will facilitate the financing of trade and investment transactions between the Middle East and Africa | THE INDEPENDENT | United Bank for Africa Group has extended its operations to the United Arab Emirates with the official opening of its new branch at the Dubai International Financial Centre (DIFC). …
Read More »UBA Group expands to EMEA, launches banking operations in DIFC, Dubai
Kampala, Uganda | THE INDEPENDENT | United Bank for Africa has extended its operations to the United Arab Emirates with the official launch of its new branch at the Dubai International Financial Centre (DIFC). The lender will operate under the Category 4 license and will be regulated by the Dubai Financial Services …
Read More »Agriculture cluster program to be used in parish model
Kampala, Uganda | THE INDEPENDENT | The government is determined to continue with the electronic system of agricultural input purchases. The e-Voucher system launched in 2019 was developed by United Bank for Africa and used as a purchase and payment system to boost the Agriculture Cluster Development Program (ACDP). The system …
Read More »Covid-19: Education sector loan portfolio stands at UGX 2 Trillion
Kampala, Uganda | THE INDEPENDENT | The Executive Director of Uganda Bankers’ Association (UBA), Wilbrod Owor says that the total direct school loan portfolio is currently 1.3 trillion Shillings, and this includes institutional and personal loans and the accumulated interest. He adds that their records also indicate another 600 billion debt …
Read More »Agriculture cluster development project flops in Gulu over embezzlement of farmer’s money
Famers in Gulu are decrying losses after money they injected for agricultural inputs was allegedly swindled by a former employee of UBA Gulu, Uganda | THE INDEPENDENT | The Agriculture Cluster Development Project-ACDP rolled out in partnership with the Ministry of Agriculture, Animal Industry and Fisheries and the World Bank in …
Read More »Uganda’s Annual Bankers Conference slated for July 26-27
The conference will focus on strengthening capacity to thrive in the 4th industrial revolution Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers Association (UBA) is set to hold the 4th Annual Bankers Conference on the July 26-27, under the theme: Bend but don’t break: How the financial sector can thrive in …
Read More »