Uganda’s interbank lending gets major boost as Tradeclear platform covers risk

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15 Ugandan banks have signed onto the TradeClear platform to ease and boost interbank trade within the country. TradeClear is an interbank trading platform managed by financial services company Frontclear and is regulated by Bank of Uganda and overseen by the Uganda Bankers Association’s Treasurers Forum.  The Ugandan interbank market has been limited to the top players because they l