Kampala, Uganda | THE INDEPENDENT | The Uganda Development Bank-UDB has so far received 41 applications from tourism operators seeking to access funds to recover from the effects of Covid-19. In July, the Ministry of Tourism negotiated a 6M Euro (25.2 billion) stimulus package from the EU towards the private …
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Kampala, Uganda | Khisa Isaac | Uganda Development Bank (UDB) is considering reducing interest rates by two percentage points to 10% on loans to be advanced to local companies involved in various productive activities as the coronavirus containment measures takes toll on the economy. This development comes in the wake of the …
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By The Independent team The Uganda Development Bank Ltd (UDB) recently unveiled its new corporate identity. CEO Patricia Ojangole talked to The Independent about the milestone, their operations, as well as other pertinent issues in the banking industry. What were the reasons behind UDB’s rebranding? Corporate rebranding was one of …
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