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Economy
Bank of Uganda cuts policy rate to support economic growth
The Bank of Uganda has reduced interest rates for the first time since February 2018 in a bid to support economic growth
October 7, 2019
Data
Commercial bank interest rates and charges as at 1 January, 2019
We are publishing the information to help you get the best rates in case you are shopping for a loan, and to help you decide the best bank to do business with. In short, we want to help you save money
March 18, 2019
Companies
Corporate earnings and results
Markets
Stanbic Bank Uganda profits rebound on fees and trading income in first half of 2018
Profit growth at Stanbic Bank - Uganda's largest bank by assets - picked up a little pace in the first half of 2018 following a decline last year. Still, the bank's primary source of income continued declining due to central bank rate cuts.
August 9, 2018
Companies
Stanbic Bank cuts prime lending rate
Stanbic Bank Uganda is cutting its prime lending rate from 18% to 17.5% for loans in Uganda shillings, in response ...
November 30, 2017
Data
Interest rates and bank charges for personal accounts as at 1 April 2017
Charges and interest rates for personal accounts in Uganda’s commercial banks and credit institutions as at 1 April 2017
July 30, 2017
Politics & Policy
IMF warns on Kenya’s interest cap law, but gov’t says too early to tell impact
Kenya's interest rate cap law has had "unintended negative consequences" on credit availability for small and medium-sized firms, and is also undermining the effectiveness of monetary policy, according to the IMF.
April 17, 2017
Companies
Firms faced stricter lending standards in first three months of 2017
Banks applied stricter standards on loans to enterprises in the first three months of 2017 compared to the last quarter of 2016, a Bank of Uganda survey found.
April 10, 2017
Economy
Banks reduce rates on loans, but will they lend?
Several banks have announced their intention to lower prime lending rates since Monday, in response to Bank of Uganda's latest policy rate trimming.
February 21, 2017
Data
Commercial bank interest rates and charges as at 01 January 2017
Bank of Uganda regularly publishes the charges and interest rates for personal accounts in Uganda's commercial banks to “promote transparency and enhance competition in the provision of banking services.”
February 16, 2017
Companies
Stanbic Bank follows BoU easing, cuts lending rate by 1%
Stanbic Bank is reducing its prime lending rate by 1% from 22% to 21% effective 1 December, a statement released by the lender said. This follows last week's reduction in the Central Bank Rate to 13%, the fourth consecutive rate cut this year.
October 24, 2016
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