Customers to delight in cheaper credit as banks cut interest
Borrowers are likely to see the full cut in the Central Bank Rate reflected in their cost of borrowing after some commercial banks reduced their prime lending rates by Bank of Uganda's margin. Banks including Standard Chartered have cut their lending …
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Small business lending rises for second straight month in August as owners …
A survey released Monday shows that they borrowed more money during August — a sign that business owners are becoming more confident about the economy. The survey by PayNet, a research firm that tracks loans to small business, shows that lending …
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