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Uganda Real Estate Sector Urges Banks to be Flexible

 

WATCH: As reported by NTV Uganda, The Real Estate Institute of East Africa cites a 20% reduction on the retail side of the property business. 78% of the financial industry’s credit lines are anchored on commercial and residential assets. Uganda Real estate sector players have urged banks to re-engage and continue negotiation on how the sector will clear its loan obligations in view of the current hurdles.

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