BoU warns against Ponzi Pyramid Schemes

The Bank of Uganda has come out strongly to caution Ugandans against investing in Ponzi Pyramid schemes. A communique to the public warns that a Ponzi scheme… Read more »

MasterCard to Transform Uganda’s Economy

Centenary Bank Uganda and MasterCard East Africa have signed a deal to deepen financial inclusion in Uganda. The deal was sealed at the annual Banking Conference 2017… Read more »

List of Licensed Commercial Banks in Uganda

List of licensed Commercial Banks and Contacts as at March 31, 2017 ABC Capital Bank Limited +256 414 345200/ +256200516600 Barclays Bank of Uganda Limited Barclays Uganda… Read more »

Bank of Uganda has reduced the Central Bank Rate in April 2017

Bank of Uganda has pressed ahead with its easing of monetary policy stance by reducing the Central Bank Rate from 11.5 percentage points in February 2017 to… Read more »

Benefits, Terms & Conditions of a Bank Account in Uganda

We would like to take you through the Benefits, Terms and Conditions of opening a Bank Account in Uganda. How much are the fees and charges of… Read more »