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

Muhereza Kyamutetera Muhereza Kyamutetera

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

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…

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