News

Crane Bank opened its doors for business on August 21, 1995 and weathered the banking crisis of 1999 to become the largest indigenous bank in country today. From scratch 20 years ago, the bank now ...
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 ...
Crane Bank became the flagship entity in his business empire and was instrumental in elevating Ruparelia, his family and some of his other businesses.
As the negotiations intensified, the Central bank demanded that Sudhir Ruparelia, the Crane Bank majority shareholder, injects $10 million (about Shs 34 billion) into the bank.
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.
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 Ugandan bank, has been taken over by Bank of Uganda.
CRANE Bank has purchased all assets of Stanhope Finance Company and assumed all its liabilities following an approval by Bank of Uganda (BOU).
On Aug. 3, Needham Bank announced that David Crane had joined the commercial lending team as senior vice president, senior relationship manager-structured finance. Crane brings over 30 years of ...
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 on Thursday.
The assets and liabilities of Uganda's Crane Bank, which was put into receivership, have been transferred to dfcu, another mid-tier institution, the central bank said on Friday.
Five-time PGA Tour winner Ben Crane will be playing in this week’s Simmons Bank Open at The Grove on a sponsor’s exemption.
Memphis interim athletic director Jeff Crane updates Simmons Bank Liberty Stadium fundraising progress, talks FedEx NIL deal, conference realignment.