UBA’s fight to lower interest rates
UBA’s Director of Strategy and Innovation, Eva Ssewagudde Jjagwe, says non-performing loan provisions are a cost in that they are charged out against income.
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Jjagwew (Pictured) says the average lending rates have generally been coming down to below 20% and all efforts are underway to keep bringing these down further and further.
By NewVision Reporter
Journalists @NewVision
BUSINESS | INTEREST RATES | JJAGWE
The Uganda Bankers’ Association (UBA) recently released their research report “Decreasing the cost of doing business in the banking sector in Uganda”.