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Financing The Real Economy: Who Are Uganda’s 10 Most ‘Hardworking’ Banks? This ranking isn’t about the biggest banks—it’s about the boldest. Uganda’s 10 most hardworking banks, led by Finance Trust Bank, Centenary Bank, KCB Bank, PostBank Uganda, and Cairo International Bank, prove that impact is not a matter of scale but of resolve—putting deposits to work for the real economy, funding businesses, and fueling growth where it matters most.

CEOs of Uganda’s Most Hardworking Banks – Clockwise from the top: Finance Trust Bank’s Annet Nakawunde Mulindwa; Centenary Bank’s Fabian Kasi; KCB Bank Uganda’s Edgar Byamah; PostBank Uganda’s Julius Kakeeto; Cairo International Bank’s Sylvia Jagwe Owachi (Ag. Managing Director); Housing Finance Bank’s Michael Mugabi; Bank of Baroda Uganda’s Shashi Dhar (Managing Director & CEO); Stanbic Bank Uganda’s Mumba Kalifungwa; and Absa Bank Uganda’s David Wandera. These leaders are steering Uganda’s most dynamic banks, putting deposits to work for the real economy.

Against a backdrop of slowing credit appetite and shifting investment strategies, Uganda’s commercial banking sector recorded UGX 35.24 trillion in customer deposits in 2024, up from UGX 33.60 trillion in…

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Tagged: Banks financing the real economy Uganda Business News Uganda Business News Uganda bank rankings Centenary Bank Uganda CEO East Africa Magazine CEO East Africa Magazine bank rankings CEO East Africa Magazine Business News Finance Trust Bank Uganda financial insights Hardworking Banks in Uganda 2024 Hardworking Index Uganda banks KCB Bank Uganda Loan-to-Deposit Ratio Uganda banks PostBank Uganda transformation Private sector credit growth Uganda Uganda banking industry trends Uganda Banking Sector Analysis 2024 Uganda banking sector lending trends Uganda banks investing in government securities Uganda banks lending vs deposits Uganda banks risk appetite 2024 Uganda business news and analysis Uganda commercial banks 2024 performance Uganda’s 10 Most Hardworking Banks Ugandan banks supporting SMEs and economic growth

About the Author

Muhereza Kyamutetera

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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