Regulatory Alerts2026-03-01
Revision of Cash Reserve Requirement
The Bank of Uganda has revised the Cash Reserve Requirement (CRR) for all commercial banks upward from 9.50 percent to 11.00 percent, effective 12 March 2026. Commercial banks must implement and adhere to the updated rate during the upcoming reporting cycle to strengthen systemic liquidity management. The central bank will continue monitoring market developments and may issue further guidance to ensure effective policy implementation.
BANK OF UGANDA
OFFICE OF THE EXECUTIVE DIRECTOR SUPERVISION
EDS.306.2
04 March 2026
37-45 KAMPALA ROAD, P.O.BOX 7120, KAMPALA
DIRECT LINE 256-414- 230051 GENERAL LINE 256-414- 258441
CABLES UGABANK Web site www.bou.or.ug
CIRCULAR TO: All Chief Executive Officers of Commercial Banks
Revision of the Cash Reserve Requirement (CRR)
The Bank of Uganda (BoU) hereby informs all commercial banks that, effective 12 March 2026, the Cash Reserve Requirement (CRR) has been revised upward from 9.50 percent to 11.00 percent. This adjustment is part of the BoU’s ongoing strategy to strengthen liquidity management across the financial system and align it with the prevailing macroeconomic conditions.
All Commercial Banks are required to implement and adhere to the revised CRR in the upcoming reporting cycle. The BoU will continue to monitor market developments closely and may issue further guidance where necessary to support effective policy implementation.
For further clarification or additional information regarding this revision, please contact the office of the Executive Director Supervision and Regulation Directorate.
Yours faithfully,
[Signature] Hannington Wasswa Ag. Executive Director Supervision & Regulation
Mission: To Foster Price Stability and a Sound Financial System | Vision: To be a Centre of Excellence in Upholding Macroeconomic Stability