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 […]
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 […]
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 […]
The Governor of bank of Uganda Emmanuel Mutebile says he is happy with the reductions in lending rates made by commercial banks. A number of commercial banks have been cutting lending rates following continued appeals by the governor over high lending rates despite cuts in central bank rates. Announcing the monthly central bank rate Mutebile […]
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 […]
Shield your hand with paper sheet or envelop and enter the pin code under this cover! Ensure that the card slots are set within the body of the ATM machine and not protruding above it. A customer can easily spot any tampering if you are using a familiar ATM machine. So you may also […]
On 30th August 2012, as a result of the vigilance of a certain staff member of Stanbic bank at Nateete branch in Kampala, four Bulgarian nationals who had reportedly installed ATM skimming devices at the ATM machine were intercepted and handed them over to the police. Stanbic bank has a processes and procedures to […]
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 […]
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 […]
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 […]