crane bank

The Supreme Court on Friday (February 11) dismissed, with costs, an appeal by Bank of Uganda against city tycoon Sudhir Ruparelia and Meera Investments. On top of ordering the central bank to directly pay costs at all court levels,…

Dfcu Bank has announced that it will close 22 branches across the country with sources revealing that most of the branches had been acquired following the dissolution of Crane Bank. In a notice circulating on social media, the branches…

The Vice Chairperson of the defunct Crane Bank, Dr. Sudhir Ruparelia has demanded that the Central Bank returns the closed bank’s bad loan book which he said is valued at Shs570 billion. Bank of Uganda (BoU) closed Crane bank in November…

Members of Parliament in the Committee of Commissions, Statutory Authority and State Enterprises (COSASE) have asked Bank of Uganda Deputy Governor Louis Kasekende and former Executive Director in charge of Supervision Justine Bagyenda to…

Bank of Uganda (BoU) top officials yesterday asked for more time to present documentary evidence regarding the closure of 7 banks under probe. Led by Governor Emmanuel Mutebile and Deputy Louis Kasekende, the BoU officials appeared…