Tag: Bank of Uganda

DAVID MAFABI: Bank of Uganda Officials who closed, sold Crane Bank should account individually

The Supreme Court decision directing that Crane Bank Ltd be reverted to…

12 Min Read

WorldRemit closes shop in Uganda

WorldRemit Transfer Money (U) Limited has closed business in Uganda. WorldRemit is…

1 Min Read

Supreme court officially directs BoU to pay costs to Sudhir, Meera over bogus Crane Bank case

The Supreme Court of Uganda has issued an official decree directing Bank…

6 Min Read

BoU accredits Pesapal Uganda 

Pursuant to the National Payments Systems Regulation, 2021, Pesapal Uganda has received…

2 Min Read

I&M Bank Uganda signs onto interbank trading platform Tradeclear

I&M Bank Uganda has signed onto TradeClear, an umbrella platform with 14…

4 Min Read

BoU warns against cyber fraud as NSSF launches smart card 

The Bank of Uganda has tasked the National Social Security Fund-NSSF to…

2 Min Read

Uganda’s banking profits rose to 27% in 2021, despite COVID-19 pandemic

The banking industry in Uganda registered a 27% profit in 2021, higher…

2 Min Read

BoU increases Central Bank Rate to counter spiraling inflation

Bank of Uganda (BoU) has announced it has taken a decision to…

5 Min Read

Bank of Uganda renovates, equips health centre in Kabarole

Residents of Ruteete sub-county in Burahya county in Kabarole district are excited…

3 Min Read

Financial Institutions urged to embrace E-KYC Project for efficient service delivery 

Financial Institutions have been urged to embrace the use of Electronic Know…

6 Min Read