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UDB releases impressive Q3 results, gross loans run to UGX1.18 trillion

by Nelson Namboole
Patricia Ojangole, Uganda Development Bank Managing Director. The Bank continues to avail the much-needed liquidity of funds to boost the capacity and resilience of private enterprises.
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Uganda Development Bank Ltd (UDB), the country’s national Development Finance Institution, has released its Quarter Three (Q3) of 2022 results highlighting solid growth as the Bank continues to facilitate economic recovery through tailored interventions that suit the country’s development needs. Through Q3, which covered the months of July, August, and September, UDB’s investment portfoli

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