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May 10 results
15:19
15:19

Banks Not Heeding to My Advice-BOU Governor bank lending rates 1

Mutebile, who was reading the February monetary policy statement on Thursday afternoon, said very few banks have taken his advice but he continues to struggle with most of them so that they can reduce lending rates for Ugandans.
09:57
09:57

Experts Predict Rise in Bank Lending Rates bank of uganda

Razia Khan, Standard Chartered Banks Chief Economist for Africa, says they forecast that due to the rise in inflation in September to 7.2 percent from 4.8 percent year-on-year, the central bank is likely to increase the CBR from 16 percent to 17 percent.
16:21
16:21

Dubai bank lures female borrowers with perfumed Mastercards. banks 1 1

Al Hilal Bank according to Dubai\'s National Business daily is partnering with Hind Al Oud perfume manufacturer that specialises in musky Arab scents to create a themed card targeting women. Al Oud will also provide complimentary perfumes alongside the perfumed MasterCard.
19:09
19:09

BOU Maintains Lending Rate at 11% bank lending rates 3

The Shilling has been under pressure from the Dollar due to the demand for the latter on the international market. This has been coupled with rising demand for imports as the holiday season approaches.
06:55
06:55

Bank Lending Rates Hit A 2 year Low cbr and lending 2

He explained that interest rates dropped to 20.8percent in February, making it the lowest average lending rate in over 2years.
07:00
07:00

Consumer Lending Rises By 38 Percent inflation 3

Figures released by Bank of Uganda (BOU) indicate that households borrowing from commercial banks increased by 38percent from a decline of 13percent in 2012. Dr Louis Kasekende, the deputy BOU Governor, while releasing the Monetary Policy Statement for February 2014, noted that for the first time, there had been increase in credit to households, and that this would boost demand.
15:04
15:04

Loan Borrowing Stagnates As Lending Rates Remain High - BOU bank lending rates 3

The reluctance by commercial banks to lower further the lending rates on loans has forced the private sector to stagnate on borrowing, according to Bank of Uganda’s deputy governor.
13:45
13:45

Major Banks Begin to Slash Interest Rates bank lending rates

The major commercial banks in Uganda have slashed their prime lending rates, signalling better times for private sector lending.
12:47
12:47

Jinja Businessmen Decry High Borrowing Rates bank lending rates 1

Businessmen in Jinja are calling for financial institutions to reduce on interest charged on loans as a reflection of a drop in the central bank lending rates.
19:01
19:01

BoU Assures Barclays' Customers Over Interest Rate Scandal bank lending rates

Bank of Uganda has assured Ugandans, particularly customers of Barclays Bank, that the scandal over cooked up lending rates shaking the global bank\'s headquarters in London, won\'t affect its local subsidiary in Uganda.
May 10 results