Can Public Trust Bank of Uganda After Crane Bank Takeover?
In a press conference yesterday, Bank of Uganda Governor, Emmanuel Tumusime Mutebile, confirmed that about two commercial banks might require the regulator to closely watch them before hours... Read more
Bank Of Uganda’s Decisions Will Affect The Fragile Banking Industry
Bank of Uganda Thursday surprisingly announced it was taking over the management of Crane Bank. The central bank’s action came a few days after it assured the public that Crane Bank was in s... Read more
Bank of Uganda Frustrated Us – Crane Bank
Efforts by Crane Bank to find an investor to recapitalize were dealt a big blow when Bank of Uganda took over the management of the commercial citing lack of enough capital as required. Cran... Read more
Bank of Uganda To Crane Bank Clients: Your Deposits Are Safe
The last few weeks have been torrid for Crane Bank with rumors of its takeover taking center stage. Today has seen another rumor spread like wildfire. The rumour which was shared on social m... Read more