By Taddewo Senyonyi Many people make banking decisions for example, opening an account, taking a loan etc without enough comparative information. In this article, The CEO Magazine, using latest figures from Bank of Uganda (BoU) has provided a comparative analysis on interest rates and other bank charges for personal accounts, something that will help you make informed decisions. Enter into Prime Lending Rates (PLR) In spite of BoU maintaining the Central Bank Rate (CBR) at 12 percent for sixth consecutive month until June 2013 when it was reduced to 11 percent and subsequently, maintained it in July,Ugandans are still paying expensively for…
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