Bank of Uganda Covid-19 intervention

Dr. Mugume the Acting Deputy Governor has laid out 29 very clear guidelines, laying out both lenders and borrowers' rights, obligations and responsibilities.

BOU’S DR. ADAM MUGUME: The 29 things lenders and borrowers must know about BoU’s credit relief measures

1. What does Credit Relief mean? It is a re-organisation of a debt obligation through concessions or accommodations that provide borrowers with some form of relief in how and/or when they meet

 

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