PREMIUM
Business
Primary dealer banks increase to eight
The role of Primary Dealer banks is to lend the government money on behalf of the public and in exchange, provide treasury bills and bonds as collateral, in the primary market auction.
Primary dealer banks increase to eight
By: NewVision Reporter, Journalists @NewVision
Effective October 1, 2021, the Bank of Uganda (BOU) has appointed the United Bank for Africa (UBA) as a Primary Dealer bank.
In 2017, BOU opened up the primary dealership system