What We Do
Overview
The Bank of Uganda (BoU) is the Central Bank of the Republic of Uganda. It was opened on the 15th August 1966. It is 100% owned by the Government of Uganda but it is not a government Department.
What We Do
The Bank of Uganda conducts all its activities with the aim of fulfing its Mission. These activities are carried out under the mandate of the Bank of Uganda Act, 2000 and other legislature.
The Bank's core activities are:
- Issuance of Uganda's national currency/legal tender, the Uganda Shilling (UGX)
- Regulation of money supply through Monetary Policy
- Banker to the Government of Uganda
- Banker to Commercial Banks
- Supervision and regulation of Financial Institutions
- Management of the country's external/foreign reserves
- Management of Uganda's external debt
- Adviser of Government on financial and economic issues
The Bank also has responsibility to the public and this is fulfilled through its Corporate Social Responsibility programs.
