The Monitor (Kampala)
7 May 2008
Banks are cracking the whip against delinquent lenders; is this a bad signal for the entire economy? The major restructuring of the banking sector after the fiascoes that led to the closure of Greenland Bank and International Credit Bank between 1998 and 2001 and forced sale of majority stakes in a number of indigenous commercial banks brought some measure of stability in the financial sector.
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