The Observer (Kampala)

Uganda: Crane Bank Opens 28th Branch

Crane bank last week opened its 28th branch at Entebbe airport, and immediately announced plans to fly its services abroad, with a fully-owned subsidiary in Rwanda and operations in DR Congo (DRC) and South Sudan.

These plans particularly pleased Bank of Uganda Governor Emmanuel Tumusiime-Mutebile, who said: "This is a clear demonstration that the bank has a strategic vision, which is regional in scope; a vision which I wholeheartedly applaud. Moreover, the presence and sound operation of a Ugandan bank abroad will boost Uganda's reputation in the region and support the expansion of Ugandan businesses into regional markets."

Civil Aviation Authority Chairman Rama Makuza, said the location of the branch at Entebbe airport would offer many business opportunities and bring additional responsibility for the bank in terms of customer service standards and national image.

Ads by Google

Copyright © 2013 The Observer. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.