Tagged in: East African Banking


Banking In East Africa: Profits Galore

The East African Community, comprising Kenya, Tanzania, Uganda, Rwanda and Burundi (and soon to be joined by South Sudan), is emerging as one of the most dynamic growth poles in Sub-Saharan Africa.…

Rwanda: Punching Above Its Weight

The latest Rwandan Central Bank financial sector report shows that the country’s commercial banks accrued an impressive consolidated net profit in the first quarter of 2011.

Kenya: Regional Powerhouse

Kenya, which has the largest and most developed economic infrastructure in East Africa, also has the subregion’s widest spread of banking and finance institutions.

Tanzania: Plenty Of Room For Expansion

The Tanzania banking sector has seen an intensification in liquidity, an upsurge in deposits and loans and higher assets growth in 2011.

Uganda: Foreign Banks Dominate

There is little doubt that the discovery of oil in Uganda has excited much interest in the country’s economy which has in turn largely impacted positively on “the pearl of Africa”.