NCBA Bank Uganda has launched its new Business Banking offering alongside the “Ku NCBA Kiggwa Ku Bwerere” campaign, reaffirming its commitment to empowering Ugandan businesses with accessible financing, innovative digital banking solutions, and strategic business support. The new proposition is designed to support businesses across every stage of growth by providing faster access to finance, dedicated relationship management, and practical solutions that address the evolving needs of Uganda’s business community.
Speaking at the launch, NCBA Bank Uganda Chief Executive Officer, Mark Muyobo, said the initiative reflects the bank’s purpose of Banking on Belief, Empowering Ambitions by standing alongside entrepreneurs as a trusted growth partner.
“SMEs account for over 70% of Uganda’s private sector activity, yet many continue to face challenges including limited access to finance, cash flow constraints, and the need for digital transformation. Through our new Business Banking proposition, we are providing businesses with financial solutions, expertise, and partnerships they need to grow with confidence,” Muyobo said.
The Business Banking proposition offers tailored financing solutions, including unsecured invoice discounting of up to UGX 500 million, unsecured LPO financing of up to UGX 180 million, unsecured business loans of up to UGX 200 million, education finance of up to UGX 500 million, and asset financing of up to 90% of invoice value. Customers will also benefit from free banking with zero transaction and loan arrangement fees for the next six months, as well as a commitment to receiving credit responses within 48 hours.
To further strengthen business growth, NCBA has partnered with MAT Abacus to roll out a complimentary Enterprise Development Programme for all SME customers for free. The programme will provide practical training, mentorship, and advisory support in financial management, governance, tax compliance, business planning, succession planning, and sustainable growth.
The bank highlighted its enhanced digital banking platforms, NCBA Now and NCBA ConnectPlus, as key enablers of seamless business banking, allowing customers to securely manage accounts, make payments, approve transactions, and monitor cash flows anytime, anywhere.
The “Ku NCBA Kiggwa Ku Bwerere” campaign launched alongside the Business banking customer value proposition reinforces NCBA’s commitment to making business banking simpler, faster, and more accessible, while encouraging entrepreneurs to seize opportunities with confidence.
Additionally, Abel Mwesigye, CEO of KACITA, welcomed the launch, noting that “the growth of Uganda’s private sector depends on strong partnerships and financial institutions that understand the realities of doing business. NCBA’s Business Banking proposition is a timely intervention that combines accessible financing, digital innovation, and business development support to help SMEs scale sustainably.”
As part of the regional NCBA Group, the bank will continue leveraging its East African footprint to support businesses engaged in cross-border trade and regional expansion, reinforcing its commitment to driving Uganda’s economic transformation through a thriving private sector.
NCBA Bank Uganda Limited is a subsidiary of NCBA Group PLC, East Africa’s largest bank by digital customer numbers. With an asset base UGX 1.2T and a strong liquidity profile, NCBA bank combines extensive corporate and retail banking experience with leading innovations, offering products from mobile banking, asset finance to tailored investment solutions. Focused on relationship management and customer success, NCBA empowers clients to achieve financial goals while supporting regional economic growth.
