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Economy
Private sector credit growth drops in December
Lending to the private sector slowed in December due to a decline in microfinance loans and stagnant growth in commercial bank loans
February 6, 2024
Economy
Private sector credit slows in October
Pace of bank lending to the private sector also slowed down, after having risen to a four-month high in September
December 12, 2023
Economy
Lending to private sector accelerated to four-month high in September, BoU data shows
Private sector credit grew at its fastest pace in four months in September, providing a much-needed boost after a quarter in which the indicator recorded its slowest expansion since the second quarter of 2021
November 8, 2023
Economy
Private sector lending rises to six-month high in August
Credit to Uganda's private sector rose to a six-month high in August as the economy continued a slow but steady recovery path, the central bank said on Tuesday ahead of its policy rate meeting
October 4, 2023
Economy
Loan growth weak in July
Loan growth at commercial banks was muted in July, underscoring the central bank's decision to ease monetary policy last month as it tries to boost economic growth
September 6, 2023
Economy
Bank lending slows in January
Lending growth slowed in January after rising to a seven-month high the previous month, according to data from the Bank of Uganda
March 3, 2022
Economy
Bank lending growth signals gradual recovery
Lending growth climbed to its highest level in seven months in December, an indicator that economic activity is gradually recovering from the impact of the coronavirus pandemic, according to Bank of Uganda statistics
February 4, 2022
Economy
Bank lending rises at fastest rate in four years
Bank lending to businesses and households grew at the fastest rate in four years in January, even as policymakers sounded the alarm over weak credit to the trade sector and several service sub sectors
March 10, 2021
Economy
Bank lending growth falls to four-month low in March, but still strong
Bank lending to businesses grew at a robust pace in March, measured by the indicators' trend growth over the past two years, according to figures from the Bank of Uganda
May 17, 2020
Economy
Private sector lending slows in February
Annual growth in bank lending to the private sector rose at its slowest pace in three months in February on a decline in loans to the transport and communication sector
April 8, 2020
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