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Banks Swim In Shs1.6 Trillion Profit: Top 5 Control 74.46% Of Industry Profits As Uganda's Most Profitable Banks Revealed » Business Focus

Summary by Business Focus
A Photo Montage of bank CEOs and Managing Directors Uganda’s commercial banks recorded a whopping Shs1.633 trillion net profit in 2024, up from Shs1.4 trillion posted in 2023, Business Focus exclusively reports. It’s important to note that Uganda currently has 22 fully fledged commercial banks. This is after three banks including ABC Capital Bank (U) Ltd, Opportunity Bank and Guaranty Trust Bank (U) Ltd downgraded from a Tier I Commercial Bank L…
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Business Focus broke the news in on Wednesday, May 7, 2025.
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