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Oct 5 results
20:23
20:23

Banks Can Now Offer Bancassurance Services in Uganda insurance 1

Parliament in January 2016 passed the Financial Institutions amendment Act allowing insurance companies to use banks as a distribution channel for their services. It is hoped that bancassurance will create opportunities for growth for both the insurance and banking sectors. It is hoped that bancassurance will create opportunities for growth for both the insurance and banking industry.
12:28
12:28

Stanbic Bank Registers UGX 95 Billion Half Year Profit stanbic bank uganda 2 1

Stanbic Bank Chief Executive Officer, Patrick Mweheire described the results as a solid performance in a challenging but improving economic environment. He said the surge in profit was driven by the Banks support to trade and infrastructure developments with an excess of one trillion Shillings.
19:03
19:03

High Interest Rates Impeding Growth banks 4

Borrowers are concerned that the high interest rates are prohibitive and are a major obstacle to the business and trade.
16:21
16:21

Dubai bank lures female borrowers with perfumed Mastercards. banks 1 1

Al Hilal Bank according to Dubai\'s National Business daily is partnering with Hind Al Oud perfume manufacturer that specialises in musky Arab scents to create a themed card targeting women. Al Oud will also provide complimentary perfumes alongside the perfumed MasterCard.
Oct 5 results