
Banks are not just places to store money—they are fundamental pillars of economic growth. In the modern world, the banking sector plays an indispensable role in driving economic development. From facilitating financial inclusion to providing credit for infrastructure projects, banks are pivotal in promoting national growth and stability. Through the mechanisms of attracting deposits and providing loans, banks provide the necessary conditions for financing investments, which in turn stimulates economic growth and development.
INDIVIDUAL CRITERIA
Sportsmanship Awards/Outstanding players. • Top scorer • Most Valuable player per sport.
- Awards players that participated legally in the recently concluded sports gala.
- Top scorers access the highest number of goals scored by individual.
Personality - Lifetime Achievement Award.
- Based on duration and achievement over the years of service in the industry or particular Bank.
INSTITUTIONAL CRITERIA
All participating institutions must be regulated by Bank of Uganda.
Sportsmanship Award
- Awards 3 Top performing Institutions.
- Awards top Institution per Category.
- The participating Institution must have participated in the recent sports Gala.
Capacity Building Excellence Award.
- Must have carried out trainings at the Institute within the year of assessment 2024 – 25.
- The assessment will be based on Number of staff trained in comparison with total staff, value offered and overall spread effect.
- Provide evidence of impact of training at the workplace.
Banker of Year. (Tier 1, 2, 3, 4)
- Growth in assets
- Annual profit realized.
- Geographical reach.
- Innovation in products
- Strategic relationships
- New Business development.
- Level of customer experience mainly the external.
- Capacity building initiatives for staff annually.
- Level of wellness programs for staff implemented.
Outstanding Digital Innovation of the Year. (Tier 1, 2, 3, 4)
- Amount of business generated through digital channels.
- Number of digital products and services.
- Income attributable to digital
- Growth in number of digital customers.
Fintech Partnership of the Award.
- Local Fintech partnership.
- Scale and impact of the solution developed.
Community Impact Award.
- Carried out a community activity in sustainability under the period of assessment.
- Will access scale and impact of project in the community provided.
Inter Bank Partnership Award/ Collaboration & Partnership Award
- The partnership should have existed in the period of assessment.
- A partnership that brings impact and scale to the implementing institution.
- Avail Data to support the evidence provided.
Financial Crime prevention Award
- Existence and effectiveness of internal anti-money laundering (AML), counter-terrorism financing (CTF), and fraud prevention policies.
- Regular updates to policies in line with evolving regulatory requirements.
- Demonstrated adherence to local and international compliance standards (e.g. FATF, Basel, AML/CFT laws).
- Implementation of technology-driven solutions such as AI, machine learning, or advanced analytics to detect suspicious activity.
- Robust internal risk assessment processes and strong internal control mechanisms and independent audit systems.
- Frequency and quality of financial crime prevention training for staff.
ESG Award
- Assessment will be based according to the governing pillars of UBA Framework pillars.
- Provide evidence of the Data to back up the submitted information.
- Development and rolling out of ESG solutions.
- Measure scale and impact either on the Internal customer or external customer.
Crisis Management
- Response strategy during times of crisis
- Crisis preparedness
- Quality trainings of staff on prevention of crimes
- Communication and public engagement
- Recovery and post crisis improvement
Crisis Management
- Response strategy during times of crisis
- Crisis preparedness
- Quality trainings of staff on prevention of crimes
- Communication and public engagement
- Recovery and post crisis improvement