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Banking

COVID-19 Forces Banks To Restructure Loans Worth Shs2Trn As Loan Approvals Fall Sharply

 The COVID-19 pandemic has hit Uganda’s banks hard, forcing commercial banks to restructure loans to a tune of Shs2.02Trn, the Uganda Bankers’ Association (UBA) has said. The Association made the revelation today while appearing with Bank of Uganda before Parliament’s National Economy Committee to discuss the impact of coronavirus on

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