Government moves to strengthen UDB capital base

Uganda Observer 28 h

Uganda

Government moves to strengthen UDB capital base — Sources: Uganda Observer

Government has approved an additional allocation of Shs 63 billion in capital towards Uganda Development Bank (UDB) and raised the bank’s authorised share capital to Shs 5 trillion from Shs 2 trillion as it seeks to expand access to cheaper credit for local businesses. The move, announced by Finance minister Henry Musasizi during UDB’s annual […] The post Government moves to strengthen UDB c

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Government moves to strengthen UDB capital base

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