Uganda: Bank of Uganda Recovers From Shs859 Billion Loss

26 October 2020

Bank of Uganda recovered from a Shs859b loss, posting a profit for the year ended June 2020.

According to details contained in the Bank of Uganda annual report, the Central Bank, for the period running between June 2019 and June 2020, registered a profit of Shs111b mainly because of improved income and reduction in operating expenses.

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