Uganda in private funded bad bank company plan

The Bank of Uganda, the financial services regulator. FILE PHOTO | NMG

It seems the current economic environment will continue to provide several moments of epiphany to banks. And it’s everywhere, not just Kenya. From elevations in asset non-perfomance, funding challenges to tougher regulations.

In last week’s installment, I told you about the perpetually deteriorating business fundamentals in South Sudan—even calling on local banks to significantly scale down operations or reconsider long term presence.

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Note: The results are not exact but very close to the actual.