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Last Friday during our monthly meeting, the Uganda Bankers Association (UBA) Chairperson and member CEOs bid farewell to Mr. Kudakwashe Matereke (Director Regional Operations, East Africa, Afreximbank) as he completed his tour of duty. Thank you, Mr. Matereke, for your contribution to both the banking industry and the country as a whole! We wish you the very best in your next chapter. 👏🌟 #Celebratingmembership | #PromotingPartnerships | #TransformingBanking
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Finance quiz time! Here's your hint: In 2024, this financial mechanism moved over US$685 billion globally; supporting families, businesses, and communities across the world. Can you name it? Leave your guess in the comment section below! #PromotingPartnerships | #TransformingBanking
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What shaped Uganda's banking sector in 2025? Our newly published Annual Report has the answers. From industry insights, key milestones, strategic partnerships, to policy developments and highlights from the 8th Annual Bankers Conference. It's all inside. Essential reading for banking professionals, policymakers, investors, and industry stakeholders. Read the full report: buff.ly/cKJ2MCv #UBA2025AnnualReport | #PromotingPartnerships | #TransformingBanking
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Success in any field begins with the simple decision to show up, be confident, do the work, and trust your ability to figure it out. This week, lead with focus and belief in yourself. #PromotingPartnerships | #TransformingBanking
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Reflecting on the 8th Annual Bankers Conference 2025. Under the theme "Harnessing the Potential and Maximizing the Impact of Remittances on Development," over 1,300 stakeholders; policymakers, financial institutions, fintechs, development partners, and the private sector came together at Kampala Serena Hotel to reflect on how remittances can be a growing force for inclusive growth, resilience, and national development in Uganda. The conversations were clear: remittances are no longer just a household lifeline. They are a strategic driver of economic resilience, and with the right policies, digital tools, and financial products, they can be transformed into long-term national investment. Key focus areas included reducing transaction costs, expanding financial inclusion for migrant workers, leveraging AI and interoperable platforms, and unlocking diaspora bonds and SME financing. Read the full conference highlights: ugandabankers.org/wp-content… #PromotingPartnerships | #TransformingBanking
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A new month means new goals, fresh energy, and new opportunities to grow. Let’s make this month productive, positive, and impactful together. #TransformingBanking | #PromotingPartnerships
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Throwback to the stakeholder engagement on Financing Uganda’s Sustainable Wood Sector. Mr. Wilbrod Owor, the Executive Director at UBA, called for aligning financial solutions with the realities of the wood value chain. #PromotingPartnerships | #TransformingBanking
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At the Dedicated Banking Sector Alternative Dispute Resolution (ADR) Roundtable convened by @JudiciaryUG at the Supreme Court Conference Hall on 7 May 2026, the Commercial Court announced that 326 banking and credit cases, valued at UGX 187.65 billion, have been earmarked for mediation during the ongoing Settlement Fortnight scheduled for 18th – 29th May 2026. Mr. Michael Atingi‑Ego, the Governor, @BOU_Official emphasized the link between judicial effectiveness and financial stability: “Alternative Dispute Resolution (ADR) mechanisms provide a faster, less costly, and value‑preserving pathway that benefits all stakeholders. By reducing non‑performing loans, ADR strengthens balance sheets and builds investor confidence.” Mr. Wilbrod Owor, the Executive Director, Uganda Bankers’ Association, added: “Alternative Dispute Resolution (ADR) must become part of our DNA as financial institutions. It is how we preserve trust, unlock capital, and build resilience.” This initiative will unlock capital, reduce backlog, and fuel economic activity, positioning ADR as a cornerstone of Uganda’s financial sector transformation. #ADR | #PromotingPartnerships | #TransformingBanking
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During the UBA Annual General Meeting 2025, held at Serena Hotel on Friday, 15th May 2026, UBA members elected a new Executive Committee to steer the association forward. The outgoing UBA Chairperson Mr. Julius Kakeeto, spotlighted a strategic milestone; the development of the industry’s official response to the Government’s ATMS 10X GDP Growth Strategy. “Mobilizing capital for the private and public sector to facilitate tenfold growth is about unlocking Uganda’s economic potential. By aligning banking strategies with the Government’s ATMS 10X GDP Growth Plan, we commit to financial inclusion, institutional readiness, and innovation to ensure growth translates into real opportunities for communities nationwide.” – Mr. Julius Kakeeto, Outgoing UBA Chairperson. 📄 Access the official media release on our website: buff.ly/X83heZp #UBAAGM |#PromotingPartnerships | #TransformingBanking
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Last Friday, 15th May 2025, at the UBA Annual General Meeting 2025, the outgoing UBA Chairperson Mr. Julius Kakeeto (@JKakeeto) reflected on a transformative year for Uganda’s banking industry. “The year 2025 was a period of profound transformation. While the global and domestic landscape remained volatile, the banking industry demonstrated exceptional resilience.” He emphasized the importance of sustainability and forward‑looking risk management in shaping the future of banking: “Risk models built for yesterday will not protect tomorrow’s reality.” – a key insight from UBA’s participation in the Global Impact Leadership Program in Germany. His remarks highlighted UBA’s strengthened ESG agenda, including the launch of a Sustainability Committee, partnerships on WASH initiatives, and new capacity‑building programs. The AGM also marked the end of Mr. Julius Kakeeto's two‑year tenure and ushered in new leadership, as he handed over to Mr. Michael Mugabi (@MugabiMk), CEO of @housingfinanceU, who was elected the new Chairperson of UBA, together with the newly elected UBA Central Executive Committee Members for the period2026 – 2027. #UBAAGM |#PromotingPartnerships | #TransformingBanking
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Throwback to a defining moment in advancing inclusive finance through strategic partnerships. In collaboration with World Bank and partners, the banking industry reaffirmed its commitment to unlocking access to finance for women‑led MSMEs through the Women Entrepreneurs Finance (WE Finance) Code. Banking transformation is incomplete without intentional design and we’re reminded to build systems that empower the women driving our economy at every level. #PromotingPartnerships | #TransformingBanking
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Remittances remain a powerful driver of developing economies, often surpassing foreign direct investment and aid. Beyond financial flows, they reduce poverty, improve social welfare, and strengthen stability in migrant home countries, while creating opportunities that ease unemployment and build new skills. 🔗 Read more from the Annual Bankers Conference 2025 Magazine: buff.ly/ODDFzzX #PromotingPartnerships | #TransformingBanking
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Remittances are more than financial inflows; they are a powerful driver of Uganda’s economic resilience and household stability. With steady growth over the years, they continue to strengthen financial health and support sustainable livelihoods nationwide. #PromotingPartnerships | #TransformingBanking
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We were pleased to host the Digital Financial Services (DFS) Committee this week at the Uganda Bankers’ Association offices. Our team shared a presentation on the Banking Industry’s Response to the Government’s ATMS Strategy for 10x GDP, highlighting key actions and next steps for implementation. #TransformingBanking | #PromotingPartnerships | #ATMS | #TenfoldGrowth
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At the @URAuganda Bank Appreciation Conference 2026, banks were recognized for excellence across four categories, each evaluated against rigorous criteria: Most Compliant Bank: @CairoBank (Winner, 92%) — honoured for exemplary compliance, accurate remittances, error control, and consistently maintaining performance above the 98% threshold. @imbankug (1st Runner‑up). Most Innovative Bank: @AbsaUganda (Winner, 90%) — awarded for robust systems, diverse payment modes, API integration, automated statements, and real‑time notifications that enhanced revenue collection efficiency. @gtbankug (1st Runner‑up, 88%). Best Client Service: @stanbicug (Winner, 95%) — recognized for customer‑centric service, extended working hours, high transaction volumes, and improving taxpayer banking experiences. @dtb_uganda (1st Runner‑up, 70%). Best in Revenue Growth & Expansion: @pearlbank_ug (Winner, 87%) — celebrated for significant growth in transaction values and volumes, expansion of digital platforms, and support for domestic revenue mobilization. @EcobankUganda (1st Runner‑up, 60%). These awards reflect the financial sector’s commitment to innovation, compliance, and service excellence in powering Uganda’s revenue growth. 📸 Photo credit: @URAuganda #URABankersConference | #PromotingPartnerships | #TransformingBanking
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At the @URAuganda Bank Appreciation Conference 2026, Mr. @WilbrodOwor, Executive Director of the Uganda Bankers’ Association (UBA), joined a panel discussion on how banks and fintechs are shaping Uganda’s tax administration. He emphasized that partnership with banks is not optional but essential to driving national progress. The conference theme reinforced this vision: “Financial Institutions as a Catalyst to Scaling Enterprise Productivity and Tax Base Expansion: A Pathway to Ten‑Fold Economic Growth.” "The financial sector holds the data that can unlock Uganda’s revenue potential. By linking SIM cards, TINs, and National IDs, we can deepen visibility, formalize businesses, and ensure that no one remains under the radar. This collaboration is embedding compliance and building a stronger, more inclusive economy where every transaction contributes to national growth." – Mr. Wilbrod Owor, Executive Director, UBA Mr. Godfrey Sebaana, CEO of Diamond Trust Bank, delivered a presentation highlighting the indispensable role of financial institutions in revenue mobilization, noting that tax administration cannot thrive without strong institutions. "Banks have enabled @URAuganda to reach deeper and operate more effectively across the country. By leveraging technology, strengthening compliance systems, and partnering with fintechs, we are creating a direct pipeline between taxpayers and the government. This is how we build trust, expand the tax base, and ensure sustainable growth for Uganda’s economy." – Mr. Godfrey Sebaana, CEO, @dtb_uganda 📸 Photo credit: @URAuganda #URABankersConference | #PromotingPartnerships | #TransformingBanking
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Happy Labour Day! Today, we celebrate a new month, dedicated professionals, and salute the talent, innovation & resilience of the Ugandan workforce. Together, we are shaping a more prosperous & inclusive future. Enjoy the well-deserved break! #LabourDay2026 | #PromotingPartnerships | #TransformingBanking
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Yesterday at the @aBi_Finance Partners’ Breakfast Meeting, we marked the launch of the IFRS S1, S2, and GRI Capacity Building Project, together with the Tier IV ESG Framework Development Project, aimed at strengthening Uganda’s financial sector. Ms. Mona Muguma Ssebuliba (@MonaMuguma), CEO, @aBi_Finance, emphasized the sector’s responsibility to lead: "The standards we enforce and the capacity we build will determine whether Uganda leads or lags in sustainable finance. Our position is clear; we will lead, because the alternative is unstable. By embedding ESG principles and implementing IFRS S1 and S2, we are shaping a more resilient, inclusive, and responsible financial ecosystem. This is about safeguarding the future we will leave to the next generation." H.E. Signe Winding Albjerg (@DKAmbUganda), Ambassador of Denmark to Uganda @DKinUganda, reaffirmed the power of long‑term collaboration: "Over the last 15 years of partnership, we have proved that patient, well‑structured finance can transform agriculture and improve millions of lives. Together with Uganda, we have reached 2.2 million smallholder farmers, created over 300,000 jobs, and unlocked $1.4 billion in lending. These are not just numbers; they represent families sending children to school, farmers investing in better seeds, and communities moving from subsistence to export markets. This is the impact of meaningful partnerships." @EUinUG, @BOU_Official, @EPRC_official, @ibfsUg, @FitspaUG, @mofpedU, @amfiu_Uganda #aBiFinancePartners | #SustainableFinanceUG | #PromotingPartnerships | #TransformingBanking
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At the @aBi_Finance Partners’ Breakfast Meeting, Mr. Ronald Ochen, the Senior Research Officer at Uganda Bankers’ Association, presented the roadmap for the IFRS S1, S2 and GRI Capacity Building Project. Over the next 12 months, CEOs, Executives, and ESG champions from 34 member institutions, including 23 commercial banks, 3 development banks, and 8 Tier 2 and 3 institutions, will undergo intensive training, technical handholding, and sustainability planning. "With UGX 500 million committed by aBi Finance to cater for consultants, operational costs, and support resources, the project is designed to strengthen disclosure, risk management, and reporting practices, aligning Uganda’s banking sector with global ESG standards and the national vision of growing GDP to USD 500 billion by 2040." – Mr. Ronald Ochen, Senior Research Officer, UBA "Our journey towards sustainable finance requires deliberate capacity building. This roadmap ensures our institutions are equipped to meet international standards, improve transparency, and lead Uganda’s financial sector into a more resilient and inclusive future." – Mr. Ronald Ochen, Senior Research Officer, UBA @DKinUganda, @EPRC_official, @ibfsUg, @FitspaUG, @mofpedU #aBiFinancePartners | #SustainableFinanceUG | #PromotingPartnerships | #TransformingBanking
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