Banks Restructured UGX 2.5 Trillion in May – Bankers Association

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Banking institutions in May restructured loans worth UGX2.5 trillion as more businesses and individuals applied to have their loan repayments halted due to disruptions by Coronavirus-COVID-19. This is more than the UGX2 trillion that were restructured in April 2020. Wilbrod Owor, the Executive Director Uganda Bankers’ Association-UBA told reporters on Tuesday that they received 593,539 app