Credit Growth
Lean times for banks’ loan growth and profits in FY17
There are no major threats to the stability of the financial system, at least as of June 2017, according to Bank of Uganda's Financial Stability Report
Private sector lending growth picks up in August
Uganda's private sector credit extension grew 6.2% in August from the same month in 2016, accelerating from July's 5.7%
Bank credit to the private sector steady in July
An increase in loans to the agriculture and trade sectors, as well as personal loans and household loans, was responsible for the growth in bank credit to the private sector in July
Uganda’s economy grows at slowest rate in four years
Uganda's economy grew at an annual rate of 3.9% in the 2016/2017 financial year, the slowest rate in four years, with growth in all three main sectors slowing down compared to the previous year.