At a time when post-Covid-19 private sector credit growth remains constrained with mild growth in a select few sectors, Uganda Development Bank (UDB) has reported a 52% gross loan portfolio…
By Bob Twinomugisha Uganda Development Bank (UDB) was established in 1972 by a presidential decree purposely to finance technically feasible, economically viable and socially desirable projects. Between 1973 and 1985,…
Uganda Development Bank Ltd (UDB), the country’s national Development Finance Institution, has released its Quarter Three (Q3) of 2022 results highlighting solid growth as the Bank continues to facilitate economic…
Uganda Development Bank Ltd (UDB) has launched its 2nd cohort of the Graduate Apprenticeship Program (GAP) that will provide hands-on skills development and job opportunities to nascent professionals in Uganda…
By Bob Twinomugisha Access to capital is critical for small business success and crucial to our economic recovery. Without access to capital, many small companies are not able to maintain…
Uganda Development Bank (UDB), the country’s Development Finance Institution, has launched the Enterprise Development Program aimed at preparing entrepreneurs for financing through enhanced business practices. The Enterprise Development Program will…
Uganda Development Bank, the country’s National Development Finance Institution, has today released its 2021 Direct Impact Report highlighting the fundamental role that the Bank continues to play toward Uganda’s sustainable…
In the Q&A below, UDB Managing Director Patricia Ojangole explains in detail what the Year-to-Date figures mean. QN: The economy is currently undergoing a slowdown partly due to the ripple…
By Ronald Wandera The Covid-19 pandemic has claimed more than 6 million lives worldwide over the past 2 years. In Uganda, there were about 163,416 confirmed cases and 3,588 deaths…
Uganda Development Bank Ltd (UDBL), the country’s national Development Finance Institution, in partnership with the European Union, has announced a special call for eligible businesses in the tourism sector to…
