We consider it is a chance for Europe, it’s helping Europe, it’s helping the development of the European Union. It’s a major contribution to our future growth and prosperity. You know that we have already settled in advance what will happen when we enlarge the euro area.
Most of the banks operating in Uganda already had a capital base, in terms of total shareholders’ funds, which exceeded Shs 25 billion prior to the statutory increase in paid up capital coming into effect (which for banks already operating in Uganda, was March of this year).