Banking

Bank of Uganda: A History of Central Banking in Uganda

The Bank of Uganda (BoU) was established on August 15, 1966, under the Bank of Uganda Act 1966. It is…

Bank of Uganda Backs Public Complaints on Missing Funds

Bank of Uganda has expressed its support for customers who have recently taken to the public to express their concerns…

The Emergence of Islamic Banking in Uganda

Uganda is now venturing into the realm of Islamic banking, raising questions about its readiness for this new financial system…

Financial Industry in Uganda Takes Measures to Combat Cybercrimes Through Bug Bounty Programmmes

In a recent development, the Uganda Bankers Association has thrown its weight behind the Bug Bounty Program as part of…

Centenary Bank Rectifies Client’s Missing Funds

Centenary Bank has recently addressed a concerning incident in which a client reported a loss of over sh100 million from…

Lira Farmers Complain of Challenges Accessing Agricultural Credit Facility Loans

Several participants who attended the training organized by Bank of Uganda expressed their concerns regarding the work of commercial banks…