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A hawker in downtown Kampala can turn UGX 200,000 of stock five times in a day, while a supermarket with air-conditioning, CCTV, polished shelves, and a procurement department can sit on UGX 2 billion of dead inventory and still call itself sophisticated.
That is the Ugandan banking sector in 2025. The data is revealing. Uganda’s banking industry now controls UGX 61.5 trillion in assets, up from UGX 53.1 trillion in 2024, a growth of about 15.9%. Customer deposits rose from UGX 35.2 trillion in 2024 to UGX 41.3 trillion in 2025, a growth of about 17.3%. Net loans increased from UGX 21.5 trillion to UGX 23.6 trillion, a growth of about 10%. Industry profit after tax reached UGX 2.16 trillion, with return on assets at 4% and return on equity at 20%.
What this means is that the sector is not under-resourced. It is over-provisioned with money, but under-provisioned with imagination. READ MORE |