Kampala, Uganda | THE INDEPENDENT | Banking institutions have since April restructured loans with clients worth 6.7 Trillion Shillings after repayments were affected by the Covid-19 pandemic. Bank of Uganda in April 2020 granted permission to all banking institutions to provide credit relief through the restructuring of loans of both corporate …
Read More »Banks restructure UGX 2.5 trillion in May
Kampala, Uganda | THE INDEPENDENT | Banking institutions in May restructured loans worth Shillings 2.5trillion as more businesses and individuals applied to have their loan repayments halted due to disruptions by corona virus-COVID-19. This is more than the Shillings 2 trillion that were restructured in April 2020. Wilbrod Owor, the Executive …
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