The Prime Minister made the remarks on Friday while officiating at a ceremony where staff of UDB were passed out after completing a refresher training in patriotic and transformative leadership at the National Leadership Institute (NALI) in Kyankwanzi.<\/p>\n
\u201cAs you are aware, the Government allocated an additional UGX1 trillion to UDB in the current financial year.We recognise the need to further expand the Bank\u2019s loan portfolio and are committed to strengthening its capital base to enable it fully deliver on its mandate,\u201d Rt. Hon. Nabbanja said.<\/p>\n
She added; \u201cThrough institutions like UDB, the Government intends to create a strong class of Ugandan entrepreneurs to drive socio-economic transformation.\u201d<\/p>\n
Rt. Hon. Nabbanja described UDB as \u201ca strategic institution\u201d in the implementation of Government\u2019s Tenfold-growth strategy, the National Development Plan (NDP IV) and Vision 2040.<\/p>\n
\u201cI appreciate UDB for prioritising this training for its staff. This commitment demonstrates your appreciation of the importance of nurturing leaders who are grounded in the values and vision that guide our country,\u201d she said.<\/p>\n
She acknowledged the socioeconomic impact created by the Bank through job creation, tax contribution, foreign exchange generation, and improved enterprise profitability.<\/p>\n The training programme focused on deepening ideological clarity, strengthening national consciousness, and enhancing leadership capacity to effectively deliver UDB\u2019s mandate of financing Uganda\u2019s long-term socio-economic transformation in line with national development priorities.<\/p>\n Speaking at the ceremony, the UDB Managing Director, Dr. Patricia Ojangole, said the training provided staff with valuable insights that deepen their understanding of UDB\u2019s mandate and its role in advancing national transformation.<\/p>\n \u201cThe skills and knowledge acquired at NALI have reinvigorated our team as we implement UDB\u2019s new five-year business strategy, which places greater emphasis on structuring, transaction advisory, and crowding in development finance from both local and international sources,\u201d Dr. Ojangole said.<\/p>\n \u201cWe received deeper insight into Uganda\u2019s strategic position in the current global order, as well as Uganda\u2019s economic interests. UDB is committed to provide the right financial instruments and products to strengthen Uganda\u2019s participation and competitiveness in the global economy,\u201d she added, further stressing the Bank\u2019s commitment to supporting Uganda’s private sector to grow and remain resilient amidst the volatile and unstable global dynamics.<\/p>\n The training comes at a time when UDB has commenced the second year of implementing the Bank\u2019s new 5-year business strategy anchored on taking on a greater role in structuring, transaction advisory, and crowding-in development finance from various local and international sources to finance investments in the country.<\/p>\n The Director of NALI Kyankwanzi, Col. Okei Rukogota, applauded UDB\u2019s leadership for its commitment to ideological grounding and institutional cohesion.<\/p>\n \u201cIt is rare to see an institution bring all its staff together for ideological regeneration. We commend UDB\u2019s leadership for this exemplary commitment,\u201d Col. Rukogota said.<\/p>\n The week-long training covered different areas including the role of ideology and political education, national development priorities, the role of financial institutions in building a competitive economy, addressing national security priorities, Uganda\u2019s strategic positioning in the current global order, and transformative methods of work, among others.<\/p>\n","protected":false},"excerpt":{"rendered":" The Prime Minister of the Republic of Uganda, Rt. Hon. Robinah Nabbanja has reaffirmed Government\u2019s commitment to strengthening Uganda Development Bank\u2019s (UDB) capital base to enable the Bank fully deliver on its mandate of accelerating Uganda\u2019s socio-economic transformation.<\/p>\n","protected":false},"author":2,"featured_media":4828,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[50,54],"tags":[],"class_list":["post-4333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-features","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/udbl.co.ug\/blog\/wp-json\/wp\/v2\/posts\/4333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/udbl.co.ug\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/udbl.co.ug\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/udbl.co.ug\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/udbl.co.ug\/blog\/wp-json\/wp\/v2\/comments?post=4333"}],"version-history":[{"count":7,"href":"https:\/\/udbl.co.ug\/blog\/wp-json\/wp\/v2\/posts\/4333\/revisions"}],"predecessor-version":[{"id":4915,"href":"https:\/\/udbl.co.ug\/blog\/wp-json\/wp\/v2\/posts\/4333\/revisions\/4915"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/udbl.co.ug\/blog\/wp-json\/wp\/v2\/media\/4828"}],"wp:attachment":[{"href":"https:\/\/udbl.co.ug\/blog\/wp-json\/wp\/v2\/media?parent=4333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/udbl.co.ug\/blog\/wp-json\/wp\/v2\/categories?post=4333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/udbl.co.ug\/blog\/wp-json\/wp\/v2\/tags?post=4333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"PM](\"https:\/\/udbl.co.ug\/blog\/wp-content\/uploads\/2026\/02\/PM-Rt-Hon-Robinah-Nabbanja-L-hands-a-Certificate-to-UDB-Managing-Director-Dr.-Patricia-Ojangole-C.-Right-is-Col.-Okei-Rukogota1.jpg\")