19/05/2026
At the Dedicated Banking Sector Alternative Dispute Resolution (ADR) Roundtable convened by Judiciary UG at the Supreme Court Conference Hall on 7th May 2026, the Commercial Court announced that 326 banking and credit cases, valued at UGX 187.65 billion, have been earmarked for mediation during the ongoing Settlement Fortnight scheduled for 18th – 29th May 2026.
Mr. Michael Atingi‑Ego, the Governor, Bank of Uganda emphasized the link between judicial effectiveness and financial stability:
“Alternative Dispute Resolution (ADR) mechanisms provide a faster, less costly, and value‑preserving pathway that benefits all stakeholders. By reducing non‑performing loans, ADR strengthens balance sheets and builds investor confidence.”
Mr. Wilbrod Owor, the Executive Director, Uganda Bankers’ Association, added:
“Alternative Dispute Resolution (ADR) must become part of our DNA as financial institutions. It is how we preserve trust, unlock capital, and build resilience.”
This initiative will unlock capital, reduce backlog, and fuel economic activity, positioning ADR as a cornerstone of Uganda’s financial sector transformation.
| |