Moses Rutahigwa Head, Consumer, Private and Business Banking says taking a repayment holiday offers financial relief and enables an individual to achieve their objectives in a relaxed, stress-free and planned manner

Standard Chartered Bank Uganda unveiled its annual Repayment Holiday campaign encouraging its clients to take personal loans before 31 March 2022 to enjoy a repayment holiday of up to 75 days on loan amounts of up to UGX 250 million before their first instalment is recovered. During the campaign period, the Bank announced that loans are at a discounted Interest rate of 16% p.a. for New customers, 17% p.a. for Existing customers while for USD they are at 7% p.a. what’s more, the Bank has guaranteed its clients a response within 24 hours or pay UGX 500,000. The campaign is…

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