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Banks Expect Lending Rates To Remain High As Restructured Loans Hit Shs7.9 Trillion

Majority of the  banks  expect their lending rates to remain broadly unchanged with a bias towards decrease, reflecting a relatively lower  Central Bank Rate (CBR), the Bank Lending Survey(BLS) has revealed. According to Bank of Uganda (BoU’s Monetary Policy Report ) for February 2021, commercial banks’  lending rate on Shilling loans averaged

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