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.
Some banks have reported growth in profits, while others have experienced declines, often coupled with increased provisioning for potential bad and doubtful debts.
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