dfcu's Crane Bank Takeover - Answering the Lingering Questions
There is still shock in the air after the once-dominating banking firm crumpled and was scooped up by an "underdog" in the industry.
Guards outside a dfcu branch.
East African, 6 February 2017
A sharp drop in Crane Bank's liquidity position and the need to keep it as a going concern saw DFCU Bank beat other bidders to take control of the troubled lender. Read more »
The unlikely winner shocked the country when the Bank of Uganda Governor, Emmanuel Tumusiime-Mutebile, announced that they were transferring liabilities and assets of Crane Bank to ... Read more »