Macro Analysis /
Global

Uganda banks: Impending rise in capital requirements could drive M&A boom

  • The regulator is currently considering an increase in paid-up capital requirements for banks to UGX150bn from UGX25bn

  • This will open up the market to new investment and potential mergers & acquisitions for smaller banks, similar to Kenya

  • Stanbic Uganda won't need to raise additional capital giving it the space to potentially acquire other banks; retain Buy

Uganda banks: Impending rise in capital requirements could drive M&A boom
Faith Mwangi
Faith Mwangi

Equity Research Analyst, Financials (East Africa)

Tellimer Research
2 November 2021
Published by