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The Standard Group Plc is a
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Bank of Uganda (BOU) has urged commercial banks to be cautious when lending out money to individuals and institutions.
The lender said that the growth in lending by commercial banks had increased by 8 percent as of September 2018, as opposed to a previous mark of 1.5 percent in 2017. Lending rate averaged at 19.1 percent during the period under review.
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