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UDB buffers economy from economic shocks during Pandemic

The Uganda Development Bank Ltd (UDBL), the country’s national Development Finance Institution, approved projects worth Shs926 Billion of which a total of Shs589 Billion has so been disbursed into the Ugandan economy to support businesses during the Covid-19 pandemic period…

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Making the shift to a brighter future

John Mukasa Junior (not real names) is the most documented member of his family. Aged 9 years, he has more pictures in one month than his great grandfather Masimo Mukasa, his grandfather Peter Mukasa and his father Isiah all had…

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UDB’s Ojangole wins prestigious Sustainable Finance Award

The Managing Director Uganda Development Bank Limited (UDBL), Ms Patricia Ojangole, has been named Sustainability Leader of the Year 2021 during the Karlsruhe Sustainable Awards ceremony held annually in Germany. Awarded by the International Council of Sustainability Standards for Value…

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UDB holds 2021 Annual General Meeting

Uganda Development Bank (UDB) held its Annual General Meeting (AGM) on 7th May 2021.  The Financial performance for the year ended December 31st, 2020 was shared with the shareholders of the bank, Minister for Finance Hon. Matia Kasaija and State…

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UDB Northern Business Forum

Uganda Development Bank Limited (UDBL) in partnership with Operation Wealth Creation (OWC) conducted a business forum in northern Uganda on Friday. Held at Watoto Church hall in Gulu city, the forum was aimed at addressing funding and other challenges that…

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UDB facilitates business resilience and recovery post Covid-19

Uganda Development Bank Limited (UDB) is the country’s national Development Finance Institution (DFI) with a mandate to accelerate socio-economic development in Uganda through sustainable financial interventions. Consistent with this mandate, the Bank supports projects within the private sector that demonstrate…

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