The newly-elected chairperson of Uganda Bankers' Association (UBA), Mr Julius Kakeeto, says e-Fraud is one of the major challenges in the banking sector that he believes is on a roll.
Micheal Mugabi, Managing Director of Housing Finance Bank, has been elected as the Vice Chairperson of the Uganda Bankers Association (UBA) during the Annual General Meeting held on 17th May 2024. Mr. Mugabi will serve alongside Julius Kakeeto, Managing Director at PostBank, who will be the Chairperson. Other key members include Edgar Byamah, CEO at
Banks to blacklist customers convicted of fraud kfm.co.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kfm.co.ug Daily Mail and Mail on Sunday newspapers.
The Uganda Bankers’ Association has issued guidelines on how to mitigate fraud within Uganda’s financial sector, with one of the proposals entailing all commercial banks to blacklist customers, staff and collaborators convicted of fraud. The revelation was made by Sarah Arapta, Chairperson, Uganda Bankers’ Association, while unveiling the Banking Industry Guidelines on Mitigation of Fraud