in

Uganda: Bank consolidation due on the back of new capital requirements

Smaller banks in Uganda may be on the lookout for consolidation opportunities following the central bank’s decision to raise capital requirements from USh25bn ($6.9m) to USh120bn at the start of 2023 – with a further increase to USh150bn by 30 June 2024.  

There’s more to this story

Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.


Subscribe Now

cancel anytime

Written by admin