Banking in Uganda

News

Average Interest On Deposits Drops Marginally In June

The average interest offered by banks on customer deposits dropped by 2.67 percent between May and June 2017....

News

Ecobank Secures Approval of US$400 Million Capital Positioning and Restructuring

Ecobank has secured shareholders’ approval to raise $400 million in its convertible bonds to restructure its...

News

Average Deposit Rate Increases Marginally; Stanchart Still Offers Lowest Rates

The average interest offered by banks on customer deposits increased by 1 percent between March and April 2017....

Business

Mortgage Interests Increases To 33.8% In March

The average interest rate for mortgage loans among commercial banks reached 33.8 percent in March 2017. The figure...

News

Average Mortgage Interest Increases To 33.8% In March

The average interest rate for mortgage loans among commercial banks reached 33.8 percent in March 2017. The figure...

Top Stories

Average Interest On Car Loans Drops To 34.2% In March 2017

The industry average for vehicle loans has however dropped from 35 percent in February to 34.2 percent in March 2017,...

Top Stories

Average Deposit Rate Drops Again In 2017

The average interest offered by banks on customer deposits has dropped by about 0.4 percent between February and March...

Top Stories

BEIGE Boss Makes Strong Case For Local Banks

Despite the raging debate as to the fact that there are too many banks in the country, Mike Nyinaku, the Chief...

Top Stories

Average Deposit Rate Drops; Stanchart Still Offers Lowest Rates

The average interest offered by banks on customer deposits has dropped by about 2.5 percent between January and...

Business

Unibank Offers Most Expensive Interest On Car Loans – BoG Report

The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana has shown that Unibank...

Top Stories

Unibank Offers Most Expensive Interest On Car Loans – BoG Report

The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana has shown that Unibank...

Top Stories

Unibank Offers Most Expensive Interest On Car Loans

The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana has shown that Unibank...

Top Stories

Stanchart Offers Lowest Interest On Customers’ Deposits – BoG Report

Standard Chartered Bank has been named as the bank with the lowest interest on customer deposits. According to the Bank...

Top Stories

Stanchart Offers Lowest Interest On Customers’ Deposits – BoG Report

Standard Chartered Bank has been named as the bank with the lowest interest on customer deposits. According to the Bank...

Business

Banks’ Deposits Increase To GHC42.3 Bn In 2015 – PwC

The total deposits for commercial banks in the country increased to 42.3 billion cedis as at the end of December 2015....