Home Business First-Ever Credit Data, Referencing & Innovation Symposium Held in Uganda
BusinessNews

First-Ever Credit Data, Referencing & Innovation Symposium Held in Uganda

Share
Share

This week, Uganda hosted its first-ever Credit Data, Referencing & Innovation Symposium 2025, bringing together more than 240 stakeholders from across the country’s financial ecosystem. The event united regulators, government ministries, Credit Reference Bureaus (CRBs), banks, fintech companies, microfinance institutions, SACCOs, and development partners. The symposium was organized by CRBA Uganda Ltd.

The gathering provided a platform for dialogue on the critical role of credit data in supporting responsible lending, promoting financial inclusion, and driving innovation in Uganda’s financial sector.

Mr. Wilbrod Owor, Executive Director of the Uganda Bankers’ Association (UBA), highlighted the importance of collaboration:
“Credit data is the backbone of creditworthiness and trust for responsible lending. By working together, we can unlock innovation and expand access to finance for all Ugandans.”

As a key participant, the Uganda Bankers’ Association reaffirmed its commitment to strengthening Credit Information Sharing (CIS), enhancing financial inclusion, and building trust in Uganda’s credit markets.

The symposium emphasized that robust credit data and collaboration among stakeholders are essential to expand access to finance, improve lending practices, and support economic growth for all Ugandans.

Share
Related Articles
BusinessNews

Dfcu Bank, Double Q and ICEA LION Partner to Expand Vehicle and Asset Financing for Ugandan Businesses

Dfcu Bank, Double Q and ICEA LION are expanding vehicle, equipment and...

FinanceNews

Uganda’s Public Debt Remains Sustainable Despite Growing Debt Burden

Uganda’s Finance Minister Henry Musasizi says public debt remains sustainable despite rising...

BusinessNews

URA Expands EFRIS Requirement to More Business Sectors

URA has expanded EFRIS requirements to businesses in sectors including manufacturing, construction,...

FinanceNews

Housing Finance Bank Supports MAAIF’s Livestock Vaccination Campaign

Housing Finance Bank is supporting MAAIF’s livestock vaccination campaign with VacciPay, offering...