Regulatory Alerts2022-06-01
Bank of Uganda Credit Relief Implementation for Education and Hospitality Sectors
Bank of Uganda (BOU) directed supervised financial institutions to accommodate a seven-officer inspection team during March–May 2022. The officers will conduct branch-level assessments to verify the effective implementation of targeted Credit Relief Measures and the Small Business Recovery Fund for the education and hospitality sectors. This verification process ensures continued credit risk mitigation and sector recovery ahead of the programs' September 2022 expiry.
Share