A renewed battle for the defunct Crane Bank has been kicked up by the Bank of Uganda (BoU). The latest battle has seen the Central Bank issuing a public notice, alerting the general public of how it ...
Kampala. In order to avoid a complete collapse of Crane Bank, the government has used Shs200 billion in taxpayers’ money to rescue the fourth largest bank in the country. According to sources in Bank ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The applications will be implemented at Crane Bank's new branch in Rwanda ...
Commercial bank's tale of survival ends in BOU takeover Crane bank, once the largest local bank in terms of assets, whose spectacular growth saw it spread wings to neighbouring Rwanda, a first for a ...
Dfcu bank has taken over Crane bank, Bank of Uganda governor, Emmanuel Tumusiime Mutebile has announced. Dfcu bank has taken over Crane bank, Bank of Uganda governor, Emmanuel Tumusiime Mutebile has ...
Kampala — An unprecedented revolt which happened recently at Bank of Uganda against the Governor Tumusiime Mutebile, has led to a spilling of the central bank's darkest secrets and could potentially ...
Dfcu Bank is still the leasehold owner of the former Crane Bank premises despite vacating a number of disputed properties under Meera Investments, according to Bank of Uganda. At the start of this ...
The Bank of Uganda has taken management control of Crane Bank because it lacked sufficient capital and posed a systemic risk to the financial system, the central bank said last Thursday. This is the ...
EDITOR—On December 8, Fred Padde complained about the services provided by Crane Bank in Kamuli. We really have problems with banking since we have only one bank in the whole district which ...