Tag: Bank of Uganda (BOU)
EFC Microfinance Clients Receive Compensation
The Deposit Protection Fund of Uganda (DPFU) has begun compensating depositors of EFC Uganda Limited Microfinance, which was liquidated by the Bank of Uganda...
Prime Minister Nabbanja Orders Probe into Rising Allegations of Digital Bank Fraud
Prime Minister Robinah Nabbanja has ordered the Bank of Uganda to look into the reports of digital bank fraud that have recently alarmed Ugandans,...
Bank of Uganda Issues First Islamic Bank Licence in Uganda
The Bank of Uganda (BOU) has issued the first Islamic banking licence to Salaam Bank Limited, also known as Sharia-compliant, which will be operating...
BOU Responds to Reports of 250 Senior Staff Losing their Jobs
The Bank of Uganda (BOU) has responded to media reports that its organisational structural review process may force over 250 senior principal banking officers...
Uganda Registers Lowest Inflation Rate in 15 Months
The decline in commodity prices, especially food and fuel, has helped Uganda to register the lowest inflation rate in the last 15 months. The...
BOU, UNCDF to Foster Responsible Digital Lending for Productivity in Uganda
In a roundtable discussion that brought together different stakeholder groups from the United Nations Capital Development Fund (UNCDF) and the Bank of Uganda (BOU),...