Uganda's Biggest Banks Record Bumper Profits Amidst Industry Turmoil
Source: allAfrica
Kampala, Uganda -- Uganda's biggest banks recorded bumper profits in 2023 amidst industry turmoil that forced smaller banks to either divest their shares or voluntarily downgrade to credit institutions in response to the regulator's revised capital requirements to remain operational.
Stanbic Uganda Holdings Ltd, Centenary Bank, ABSA, Standard