Ugandan commercial banks earned 12 billion shillings (3 million USD) in commission as insurers during the 3rd quarter of 2021, the local press reported on Wednesday (January 26th). This result shows that bancassurance has become a new source of revenue for financial institutions. Since 2017, the Uganda Insurance Regulatory Authority (IRA) has licensed 20 commercial…...
Trending
- East Quay: Congo Terminal is continuing with the construction of a 100 per cent electric container terminal
- Why Singapore Pays Its Politicians Like Bankers
- Cameroon: Behind the Maintenance of B-/B, S&P Places Presidential Succession Under High Surveillance
- Cameroon: Behind the Maintenance of B-/B, S&P Places Presidential Succession Under High Surveillance
- Invictus Capital dominates the State of Senegal’s APEs: 5 out of 7 mandates since 2024
- Economic Francophonie: Ngueto Tiraïna Yambaye distinguished by the 2026 Business Francophone Forum Award
- Ibrahim Dohia Traoré appointed CEO of BCI in Congo-Brazzaville
- Trump, the Fed, Interest Rates and Us: Why the Central Bank Must Be Independent
Bancassurance: Ugandan banks earn 3 million USD in commission in the 3rd quarter of 2021
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com