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Prior to Uganda's independence in 1962, government-owned institutions dominated most banking in Uganda. In 1966 the Bank of Uganda (BoU), which controlled the issue of currency and managed foreign... More > exchange reserves, became the central bank and national banking regulator. Uganda Commercial Bank, which had fifty branches throughout the country, dominated commercial banking and was wholly owned by the government. The Uganda Development Bank was a state-owned development finance institution, which channeled loans from international sources into Ugandan enterprises and administered most of the development loans made to Uganda.The East African Development Bank (EADB), established in 1967 was jointly owned by Uganda, Kenya, and Tanzania. It was also concerned with development finance. Excerpt from: https://en.wikipedia.org/wiki/Banking_in_Uganda Hint: You can preview this book by clicking on "Preview" which is located under the cover of this book.< Less
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