Connect with us

BIG Story

Low credit uptake continues to affect economy as banks register mixed fortunes

BY STEVEN BARYEVUGA Last year was a good year for the banks. The year 2016 saw banks registering huge profits, having decided to concentrate their efforts on recovering Non-Performing Loans (NPLs) while remaining cautious towards lending. This drive saw total industry profit increase from Shs676.73 billion in 2016, up from Shs489.64 billion recorded in 2015. […]

This is Restricted Premium Content. Please Subscribe to Access

or, are you an existing Member?

Published

on

BY STEVEN BARYEVUGA Last year was a good year for the banks. The year 2016 saw banks registering huge profits, having decided to concentrate their efforts on recovering Non-Performing Loans (NPLs) while remaining cautious towards lending. This drive saw total industry profit increase from Shs676.73 billion in 2016, up from Shs489.64 billion recorded in 2015. […]

This is Restricted Premium Content. Please Subscribe to Access

or, are you an existing Member?

Advertisement

Ad3

Ad1

Ad2