Uganda: Banks Holding Shs436.3b in Unpaid Bonuses, Dividends

10 September 2020

Bank held back at least Shs436.3b in dividend and bonus payout for the period ended June, the Central Bank has said.

Financial institutions, following a directive from the Central Bank, halted payment of bonuses and dividends as a measure to reserve money for the real economy and liquidity support.

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