Stanbic Bank Makes 95 Billion in 6 Months

https://www.youtube.com/watch?v=8ewQcBNunik

The recent reduction in the central bank rate (CBR) to 10% by the Bank of Uganda has not triggered an increase in the uptake of loans at the various commercial banks like it had been hoped.

While delivering Stanbic Bank's 2017 half year financial results, Patrick Mweheire, the bank's chief executive officer said they had even slashed their interest rates from 24% to 18% per annum but borrowers are hard to come by.