Bank of Uganda risk score

The Bank of Uganda (BoU), established in 1966 under the Bank of Uganda Act, serves as the central bank of the Republic of Uganda. With its headquarters in Kampala, BoU plays a pivotal role in maintaining the country's economic stability and integrity of the financial system. Dedicated to fostering price stability and ensuring a reliable financial system, the institution positions itself as a critical cornerstone for Uganda's economic policies and practices.

As a central bank, the Bank of Uganda is responsible for the formulation and implementation of monetary policy geared toward maintaining stable prices and a sustainable economic environment. Furthermore, it regulates and supervises financial institutions and banks, ensuring compliance with Uganda's financial regulations. This oversight is crucial for the promotion of a sound financial system, which in turn supports broader economic stability.

The Bank's vision is to stand as a center of excellence in upholding macroeconomic stability. Through its various functions, which include currency issuance and management, foreign exchange management, and serving as the banker to the government, BoU sustains its foundational role in the economic development of Uganda. This includes working with various international and regional financial institutions to align with global financial practices and standards.

Security and regulatory compliance are also paramount, with the Bank adhering to strict protocols to safeguard operations and sensitive information. BoU's ongoing initiatives and strategies are aimed at enhancing the operational frameworks that support economic growth while navigating national and global financial challenges. This proactive approach ensures the Bank stays ahead in delivering its mandate effectively and sustainably.