AMPALA — NCBA Bank Uganda has reaffirmed its commitment to strengthening the country’s financial markets, emphasizing the critical role treasury dealers and market practitioners must play in supporting Uganda’s ambitious economic transformation agenda.
Through its Global Markets Division, the bank participated in the ACI Financial Markets Authority (FMA) Uganda Dealers’ Meeting held at Arirang Hotel in Kampala on May 29.
The event brought together treasury dealers, regulators, bankers and other key players in the financial sector to discuss the future of Uganda’s financial markets and their contribution to national development.
Organised by ACI Uganda, the professional body for certified treasury dealers, the meeting focused on how financial markets can support the government’s Tenfold Growth Strategy, which seeks to expand Uganda’s economy from approximately $50 billion to $500 billion over the coming decades.
Speaking during the meeting, NCBA Bank Uganda Head of Global Markets Francis Kiyemba said financial market participants have responsibilities that extend far beyond facilitating transactions.
“As market participants, our role goes beyond trading. We are stewards of trust, liquidity and stability in the financial system. Platforms such as the ACI Uganda Dealers’ Meeting are critical in aligning stakeholders, strengthening professional standards and driving sustainable market growth,” Kiyemba said.
Kiyemba, who moderated the discussions, guided conversations on market development, industry collaboration and the importance of maintaining high ethical standards to build resilient and efficient financial markets.
The meeting featured presentations from industry experts George Ochom, a retired banker, and Samuel Odeke, Chairman of the Board at Access Financial Services.
Their presentations explored emerging trends in the financial sector, innovation in market operations and the adoption of global best practices aimed at improving Uganda’s competitiveness in regional and international markets.
Participants highlighted the growing importance of knowledge sharing, continuous professional development and ethical conduct in improving market efficiency, deepening liquidity and strengthening investor confidence.
Experts noted that well-functioning financial markets are vital for mobilising capital, supporting business expansion and attracting the investment required to sustain Uganda’s long-term economic growth ambitions.
The discussions also underscored the need for closer collaboration among regulators, financial institutions and market practitioners to ensure the sector remains responsive to changing economic conditions and evolving global market trends.
ACI Uganda, which is affiliated with the global ACI Financial Markets Association and endorsed by the Bank of Uganda, continues to champion professional certification, ethical conduct and market development within Uganda’s financial sector.
For NCBA Bank Uganda, participation in the forum reflects its broader commitment to supporting initiatives that promote transparency, innovation and market integrity across the financial industry.
As Uganda pursues faster economic growth and seeks to attract greater domestic and foreign investment, stakeholders at the meeting said deeper and more resilient financial markets will be essential in creating a stable environment for businesses, investors and the wider economy.