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Our new strategy

In 2019, UDB carried out a review of its strategy in a bid to align the Bank’s planning cycle to that of the National Development Plan (NDP), thereby align the Bank’s focus toward addressing national priorities as entailed thereof. It…

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UDB Holds Annual General Meeting

Uganda Development Bank held its Annual General Meeting (AGM) on 28th May 2020.  The meeting was held at the Ministry of Finance, Planning and Economic Development. The Financial performance for the year ended December 31st 2019 was shared with the…

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Patricia Ojangole: African star development banker

Patricia Ojangole, Managing Director, Uganda Development Bank Limited, discusses the performance of UDB under her leadership, factors driving the bank's achievements and the integration of sustainability in the bank's strategic planning and ultimately the Bank’s operations. She was interviewed by…

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Coronavirus (COVID-19) Communication Update

The spread of the novel Coronavirus (COVID-19) has proven to be a major challenge both here in Uganda and across the globe. Our employees' safety is our first priority and we are paying close attention to developments as shared by…

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UDB Engages National Economy Committee

Uganda Development Bank Limited held a meeting with the National Economy Committee of Parliament, a key stakeholder group for the Bank. The engagement was held to provide an update to the Members of Parliament on the performance of the Bank…

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UDB wins big at FiRe Awards 2019

Uganda Development Bank has won two awards at the Annual FiRe awards 2019. The theme for the awards this year was Integrated Reporting: Redefining Organisational Success. The awards won include: 2019 Excellent Financial Reporting - Silver Award (Report of the Year)…

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