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Ugandan Bank clients want government audits into the Central and Commercial Banks

Ugandan Bank clients want government audits into the Central and Commercial Banks

Bank clients in Uganda have called upon government to set up an independent body to conduct a special audit into the operations of the Central Bank and the commercial banks in the country. The call has been made by the chairperson of the Bank Customers’ Rights Protection Organisation, Nabunya Ntege at a time the central […]

MPs pin ministry of finance officials over missing 15 billion Karamoja funds

The public Accounts committee has handed over four officials from the ministry of finance to police CID attached to the committee for further interrogation into the alleged stealing of 14.8 billion shillings meant for the people of karamoja through the office of the prime minister under the PRDP for norhern uganda. The four  included  Tonny […]

Banks urged to reduce lending rates further

The acting governor bank of Uganda Justine Bagenda has re echoed the central banks concerns over the slow response by some commercial banks in reducing their interest rates despite the decrease in Central Bank Rate. This was during the central banks officials interface with the members of parliament on the parliamentary committee on national economy […]

Stanbic bank declared best performing bank

  The Bank of Uganda has announced that Stanbic bank Uganda Limited was the best performing primary dealer in Uganda government securities during the month of August 2012. The governor bank of Uganda, Tumusiime Mutebile also announces that for the previous 12 months the best performing primary dealers in Uganda security exchange were: August 2011 […]

How fraud stars collude with bank workers to withdraw money on peoples’ bank accounts

  The police have summoned Kampala Central MP Mohammad Nsereko to appear before senior police detectives led by police Commissioner, Charles Kataratambi on Thursday this running week. MP Nsereko expressed his willingness to honour the summons and he said they were delivered to him through the Speaker of Parliament on Friday last week. He is […]

Uganda Banks Swift codes for transfers

To be able to have funds transferred into your account from another bank account epseically from another country, you need to know your Bank’s swift code. Swift Code normally required for international money transfers is a standard format of Bank Identifier Codes (BIC) and it is unique identification code for a particular bank. The SWIFT […]

How many people with bank accounts in Uganda, a case study of centenary Bank

  Centenary Bank as one of the banking institutions whose foundation sits on creating a better life of the people of Uganda and East African countries in general, it has put in places a number of banking projects that has attracted thousands of Ugandans to bank with it. The Corporate Affairs and Communications manager of […]

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