Banks Restructured UGX 2.5 Trillion in May – Bankers Association
Banking institutions in May restructured loans worth UGX2.5 trillion as more businesses and individuals applied to have their loan repayments halted due to disruptions by Coronavirus-COVID-19.
This is more than the UGX2 trillion that were restructured in April 2020.
Wilbrod Owor, the Executive Director Uganda Bankers’ Association-UBA told reporters on Tuesday that they received 593,539 app