2026-09-15

Added

Revision of the Cash Reserve Requirement

The Cash Reserve Requirement for Commercial Banks is increased from 11.0 per cent to 13.5 per cent. This revised requirement takes effect from the reporting cycle commencing on 24th September 2026. Commercial Banks are required to take necessary measures to ensure full compliance with the new ratio from that effective date.

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BANK OF UGANDA

OFFICE OF
THE EXECUTIVE DIRECTOR
SUPERVISION

EDS&R.306.2

15 September 2026

Circular: All Chief Executive Officers of Commercial Banks

Revision of the Cash Reserve Requirement

Pursuant to its mandate to promote monetary and financial stability, Bank of Uganda notifies all Commercial Banks that the Cash Reserve Requirement (CRR) has been increased from 11.0 per cent to 13.5 per cent. The revised requirement shall take effect from the reporting cycle commencing on 24th September 2026.

All Commercial Banks are expected to take the necessary measures to ensure full compliance with the revised CRR from the effective date. This adjustment is intended to support prudent liquidity management and enhance the effectiveness of monetary policy transmission in line with the prevailing macroeconomic and financial sector developments.

Bank of Uganda remains committed to maintaining a stable and resilient financial system and will continue to assess market conditions, issuing further guidance as may be required.

For any inquiries regarding this Circular, please do not hesitate to contact the Office of the Director, Commercial Bank Supervision Department.


David L. Kalyango
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


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

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Source: Bank of Uganda — original document

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