Browsing: Uganda Bankers Association (UBA)

Training for Ugandan financial institutions and SMEs

The International Finance Corporation (IFC) and the Uganda Bankers Association (UBA) partnered to train financial institutions and small and medium-sized enterprises (SMEs) in Uganda.

The International Finance Corporation (IFC) noted that the training for 32 financial institutions will equip them with knowledge, tools, and techniques to help them meet the current economic challenges.

About 500 SMEs will receive the six weeks online training which will help them navigate the challenges of lockdowns and reduced trade.

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To help banks assess the impact of COVID-19 on their portfolio and support their risk mitigation, the webinar training for financial institutions include stress testing topics.

The SME webinars will cover topics such as accessing finance during crises, communicating with stakeholders, adjusting business plans, digital sales, marketing and promotion.

Early this year in March, IFC launched an $8 …