Tag: Bank of Uganda
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BoU: Banking Sector Remains Resilient Despite Slowing Interest in Private Sector Lending
The Ugandan banking sector experienced an 8.4 per cent growth in assets during the last financial year. This growth was supported by high inflation,...
BoU Tells Bank Customers ‘to make noise when you lose money’
Bank of Uganda has backed customers who have recently taken to the public to voice their concerns after finding money missing from their bank...
UGANDA! Commercial Banks Scrap Early Loan Repayment Penalties
Commercial bank customers in Uganda can now pay off their outstanding loan balances earlier than scheduled without incurring any charges.
This decision was made by...
Ugandan Shilling Shows Strength, Gains Ground Against US Dollar
The Ugandan shilling kicked off the trading week on a positive note, displaying resilience as it made significant gains against the US dollar.
At the...
President Museveni Reappoints Josephine Okui Ossiya To BoU Board
The President of Uganda, Yoweri Tibuhaburwa Kaguta Museveni has put forward the name of Josephine Okui Okwakol Ossiya, an experienced accountant, for nomination to...