Equity Bank Tops List of Ugandan Banks with Highest Non-Performing Loans

From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event. Equity Group Holdings has registered 15.4 billion Profit After Tax for the period ended 31st March 2025.

KAMPALA, Uganda— Non-performing loans across Uganda's banking sector decreased to 1.019 trillion shillings in 2024, down from 1.18 trillion shillings ...

Whistleblower Alleges Money Laundering, Unregulated Lending Against Equity Bank

by Julian Ninsiima | Reporter

08/06/2025

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Equity Bank Uganda's headquarters in Kampala, now at the center of a multi-billion fraud scandal. Allegations of a fake gold ...

Equity Bank officials join the 100 students commissioned into the fourth cohort of the Equity Leaders Program in Kampala, Uganda, on May 10, 2025. The program aims to develop future leaders through mentorship and practical experience.

Equity Bank Uganda Commissions 100 Students to Mentorship Scheme

by JAVIRA SSEBWAMI | PUBLIC EDITOR

13/05/2025

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Equity Bank officials join the 100 students commissioned into the fourth cohort of the Equity Leaders Program in Kampala, Uganda, ...

From left to right: Equity Group Chairman, Prof. Isaac Macharia, Equity Group Managing Director and CEO, Dr. James Mwangi and Mr. Geoffrey Maoga, a shareholder, during the FY 2023 Investor Briefing event.

REVEALED: How hackers exploited Equity Bank’s security flaws to loot UGX 10.6 billion

by Ronald Mayega | Reporter

08/10/2024

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From left to right: Equity Group Chairman, Prof. Isaac Macharia, Equity Group Managing Director and CEO, Dr. James Mwangi and ...

Equity Bank Loses UGX 1.2 Billion to Credit Card Fraud in Sophisticated Hack

by Juliette Namakula | Assistant Editor

05/10/2024

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From left to right: Equity Group Chairman, Prof. Isaac Macharia, Equity Group Managing Director and CEO, Dr. James Mwangi and ...

Uganda’s largest lender, Stanbic Bank Uganda (PHOTO/Courtesy)

Ugandans share frustrations with bank services

by Julian Ninsiima | Reporter

14/09/2024

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Stanbic Bank Uganda (PHOTO/Courtesy) Kampala, Uganda - A recent Twitter thread sparked by Dr. Jim Spire Ssentongo has revealed widespread ...

Investor Magoola petitions Court over failed plea of 250 billion payment

by WINNIE NAKAMATTE | REPORTER

17/08/2024

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Dr. Mathias Magoola, the proprietor of DEI Biopharma Limited is challenging the legality of Shs250 billion loan payments to Equity ...

Gold exporters now have to pay billions of shillings in arrears to the taxman. Uganda's mining sector has seen a significant surge in revenue, with gold being one of the key minerals driving growth.

EXPOSED: Equity Bank, Stanbic Bank Embroiled in $1.7 Million Gold Scam

by WINNIE NAKAMATTE | REPORTER

24/07/2024

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KAMPALA, Uganda — Equity Bank and Stanbic Bank are facing accusations of facilitating a gold scam that led to a ...

Equity Bank Under Scrutiny for Alleged Role in UGX.3bn Fake Gold Scam

by MANFRED TUMUSIIME | UG STANDARD REPORTER

09/07/2024

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Equity Bank Uganda's headquarters in Kampala, now at the center of a multi-billion fraud scandal. Allegations of a fake gold ...

"Kenneth Onyango, former Executive Director for Commercial Banking at Equity Bank, in handcuffs following his arrest in connection with a UGX65 billion fraud scandal."

Equity Bank’s Kenneth Onyango Arrested Amid UGX65 Billion Fraud Scandal

by LILIAN MUWONGE | UG STANDARD REPORTER

29/04/2024

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"Kenneth Onyango, former Executive Director for Commercial Banking at Equity Bank, in handcuffs following his arrest in connection with a ...

Tag: Equity Bank