Login
Subscribe
TodayMonday, May 04, 2026

Bank of Uganda to interviene against COVID-19 effects on banks

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

Bank of Uganda suspends payment of arrears as a precondition for loan restructuring; warns banks against excessive and or hidden restructuring fees

Bank of Uganda has today issued guidelines to all supervised financial institutions, to operationalize the credit relief and loan restructuring measures announced in the Monetary Policy Statement of April 6, 2020. In
April 15, 2020
·
Bank of Uganda Governor, Tumusiime Mutebile has today cut the Central Bank rate to a record low 8% and reiterated a raft of measures to bail-out liquidity stressed financial institutions. Banks have also been given headroom to restructure loans on a case-by-case basis

Bank of Uganda cuts CBR to a record lowest 8% over Covid-19

Bank of Uganda (BoU) has today, April 6th, 2020, in the April 2020 Monetary Policy Committee (MPC) meeting reduced the Central Bank Rate (CBR) by 1 percentage point to 8 percent. The
April 6, 2020
·
Bank of Uganda Governor, Tumusiime Mutebile has today cut the Central Bank rate to a record low 8% and reiterated a raft of measures to bail-out liquidity stressed financial institutions. Banks have also been given headroom to restructure loans on a case-by-case basis

Bank of Uganda to support banks against COVID-19 related complications; should they occur

A day after the ministry of finance warned that COVID-19 related complications could borrowers from trade, tourism, transportation, and construction sectors experience difficulties in repayments, thus worsening banking industry non-performing loans from
March 20, 2020
·

 

error: Content is protected !!
×