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Jan 2 results
13:57
13:57

BoU Reduces Benchmark Lending Rate to 9% cbr

Mutebile said although downside risks exist, like the path of the exchange rate, the direction of food crops prices and evolution of international crude oil prices, the Bank of Uganda estimates that there is still spare capacity in the economy that will dampen inflationary pressures.
11:59
11:59

Banks Start Reducing Lending Rates bank of uganda 1 Top story

A number of commercial banks have announced reductions in lending rates following Bank of Ugandas recent cut in its benchmark lending rate. Banks that have announced reductions in lending rates are Housing Finance Bank, United Bank of Africa, Diamond Trust Bank, Standard Chartered Bank, GT Bank, Tropical Bank, and ABC Capital Bank.
Jan 2 results