Interest Rates Drop as Credit Demand Decreases

UGANDA, Kampala | Real Muloodi News | Credit demand remained subdued in June, even as interest rates fell to below 19 per cent for the first time in many years, according to Bank of Uganda (BoU) data. This isn’t surprising news, given the 42 days of lockdown restrictions imposed on Uganda in early June. Highlights … Continue reading Interest Rates Drop as Credit Demand Decreases