EFC bank depositors with more than UGX 10m to wait longer for refunds

The Bank of Uganda has in a statement said big ticket depositors who held more than UGX 10m in deposits in the collapsed EFC Uganda bank, will have to exercise some patience as the central bank makes payment arrangements within the next two weeks.

Bank of Uganda together with the Deposit Protection Fund (DPF) are set to commence payment of depositors having balances of up to UGX 100,000 using m