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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