Name: Pride Bank Launch:Lender boasts UGX175 billion capital base
Uploaded: 2025-05-12T20:30:17Z
Description: Formerly Pride Microfinance, the latest entrant into Uganda’s banking sector—Pride Bank—is boasting a strong capital base of Shs 175 billion. Chief Executive Edward Nkanji says the capital will be used to strengthen the institution’s loan products. Speaking at the launch, the Finance Minister said the government will ensure the bank remains well-capitalized to support local investments.

4hours ago.

Pride Bank Launch:Lender boasts UGX175 billion capital base

Formerly Pride Microfinance, the latest entrant into Uganda’s banking sector—Pride Bank—is boasting a strong capital base of Shs 175 billion. Chief Executive Edward Nkanji says the capital will be used to strengthen the institution’s loan products. Speaking at the launch, the Finance Minister said the government will ensure the bank remains well-capitalized to support local investments.