Minimum Capital Requirements for Financial Institutions in Uganda Archives

Dr. Tumubweinee Twinemanzi, PhD, the Bank of Uganda Executive Director is having hard conversations with undercapitalised banks.

Uganda’s new minimum capital requirements for banks: Which banks are compliant and which ones are not?

In consultation with the Bank of Uganda, the Minister of Finance, Planning and Economic Development, Hon. Matia Kasaija, on 16th November 2022 signed a statutory instrument increasing minimum capital requirements for banks

January 6, 2023

Banking & Financial Services·Business & Markets·News & Analysis·The Big Story

Uganda's Finance Minister, Matia Kasaija (left) and the Central Bank Acting Governor, Dr. Michael Atingi-Ego.

Uganda increases minimum capital requirements for banks by 500%

Uganda’s Minister of Finance, Planning and Economic Development, Hon. Matia Kasaija, on 16th November 2022 signed a ministerial instrument, increasing the minimum capital requirements for banks by 6 times or 500%. Capital

January 4, 2023

Banking & Financial Services·Business & Markets·News & Analysis·The Big Story