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Home Money Finance

2022 Annual Bankers’ Conference to focus on narrowing financing gaps for manufacturing, agribusiness sectors

byMIKE OPIO | theKR SPECIAL CORRESPONDENT
July 13, 2022
in Finance
Reading Time: 1 min read
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2021 Annual Bankers’ Conference. (IMAGE: Courtesy | theKR Media)

2021 Annual Bankers’ Conference. (IMAGE: Courtesy | theKR Media)

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KAMPALA: This year’s Uganda Annual Bankers’ Conference is scheduled to take place on July 25 and 26 under the theme; ‘Bridging Financing Gaps in the Manufacturing, Tourism and Agribusiness Sectors for Economic Recovery & Growth post 2021.’

Sarah Arapta, the Uganda Bankers Association (UBA) Chairperson, told journalists on Tuesday, July 12, 2022, that this year’s event will aim to facilitate a focused discussion between financial service providers and players in the manufacturing, hospitality and agribusiness sectors on efforts being undertaken to narrow the financing gaps constraining the growth and recovery of these sectors.

“We will highlight the critical roles that need to be played by other key stakeholders including the Government, regulators, legislators, development partners, sector players and private sector actors in the respective ecosystems, in this process,” she said.

Wilbroad Owor, the Executive Director of Uganda Bankers Association, said the panel sessions at the conference will cover sub themes like the multiplier role manufacturing play in promoting growth of SMEs, job creation, regional trade and diversification and specific efficiency and funding challenges constraining this role.

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The Uganda Bankers’ Association is an umbrella organisation for licensed commercial banks supervised by Bank of Uganda.

UBA was established in 1981 and is currently made up of 35 members (All 25 licenced Commercial Banks + Uganda Development Bank+ East African Development Bank).

Membership of UBA was extended to other supervised financial institutions (SFIs Tier 2&3) under the associate membership category.

The mission is to promote a sound banking environment through research and innovation, advocacy, good governance and best practices.

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Tags: Sarah AraptaUganda Annual Bankers’ ConferenceUganda Bankers AssociationWilbroad Owor

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