The East African - - BUSINESS -

The build­ing, con­struc­tion and real es­tate sec­tor held the largest share of Uganda banks’ to­tal loans at 23.4 per cent fol­lowed by the trade and com­merce sec­tor and the per­sonal and house­hold loans which ac­counted for 18.6 per cent and 16.5 per cent re­spec­tively, of the to­tal loans. Early this month, the Kenya bank­ing su­per­vi­sion re­port showed that the Tan­za­nian mar­ket was most favourable for sub­sidiaries of Kenyan banks. The lat­est one shows that the sub­sidiaries in Rwanda ac­counted for 21.29 per cent of the to­tal prof­its while those in Uganda ac­counted for 12.64 per cent of the $1.45 bil­lion prof­its Kenyan banks posted last year.

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