Bank of Uganda

Digital EconomyEconomyTechnology sector

Bank of Uganda governor’s speech at the 2025 Kampala Blockchain Summit

Governor addresses stablecoin risks of monetary substitution and foreign exchange exposure, and outlines path from regulatory uncertainty to clear framework
Michael Atingi-Ego, governor of the Bank of Uganda, addresses the 2025 Kampala Blockchain Summit.
Economy

Bank of Uganda’s Monetary Policy Statement for November 2025: the full text

The central bank's decision reflects its confidence in the improving domestic economic environment, while also acknowledging the ongoing risks posed by the global economy
Bank of Uganda's headquarters in Kampala
Economy

Bank of Uganda’s Monetary Policy Statement for August 2025 — Full text

On 12 August 2025, the Monetary Policy Committee of the Bank of Uganda maintained the Central Bank Rate at 9.75%, reflecting persistent global economic uncertainty and recurring geopolitical tensions
Michael Atingi-Ego, Bank of Uganda deputy governor, at a meeting at the bank's Kampala headquarters, February 2024.
Economy

Central bank holds rates with wait-and-see guidance

The central bank hewed to expectations on Tuesday, keeping its benchmark rate unchanged citing “macroeconomic stability” resulting from coordination between monetary and fiscal policies
The head office of the Bank of Uganda in Kampala
Economy

Annual Bankers’ Conference: Full text of the BoU governor’s speech on remittances

Remittance inflows have overtaken foreign aid and support from international institutions, such as the IMF and the World Bank, as well as from bilateral partners, to become Uganda's most reliable source of external financing
Street scene of a man waiting in line at a money transfer shop in London
EnvironmentOpinion

Remarks by BoU Governor at the National Private Sector Engagement Forum on climate finance

Climate change is a present and pressing reality; it is altering rainfall patterns, disrupting food systems, putting pressure on energy supplies, and affecting prices and financial system stability
A forest that has been devastated by deforestation, with most of the trees felled and strewn in a lifeless pile under a cloudy sky.
BankingEconomy

Banks set to ease credit standards on business loans

Banks expect to ease lending standards in the quarter ending in September as loan performance improves for businesses and declines for households, and demand for credit from firms increases, according to a Bank of Uganda survey
Entrance to the personal banking section of a bank
AgricultureEconomy

Remarks by the Bank of Uganda governor at the participating financial institutions award ceremony for the Agricultural Credit Facility and Small Business Recovery Fund

For a long time, many have questioned whether Uganda's smallholder farmers could access meaningful credit. Today, we have our answer: Shs1.12tn disbursed, 6,587 projects funded, and a non-performing loan rate of just 1 per cent — three times better than the banking industry average
Financial sector officials stand for a group picture at an awards ceremony
Economy

Bank of Uganda’s Monetary Policy Statement for May 2025 — Full text

On 13 May 2025, the Bank of Uganda's Monetary Policy Committee (MPC) maintained the Central Bank Rate (CBR) at 9.75 per cent
Bank of Uganda headquarters in Kampala
Economy

Bank of Uganda’s Monetary Policy Statement for August 2024 — Full text

The central bank's Monetary Policy Committee voted to reduce its benchmark interest rate by 25 basis points
The head office of the Bank of Uganda in Kampala
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