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Uganda’s Total Banking Assets Hit Shs35.8 Trillion Despite COVID-19 Impact

BoU Governor, Prof. Emmanuel Tumusiime-Mutebile In the year to June 2020, Uganda’s commercial banks registered strong growth in assets, despite the emergence of several shocks including the COVID-19 pandemic, Bank of Uganda’s recently released Annual Report for 2019/20 has revealed. “The total assets of the banking sector increased by 18.2

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