Bank of Uganda Disowns Crane Bank Sale

The owner has admitted that he hasn't sought clearance on the proposed share sale in the country's fourth largest bank.

  • Uganda:   Crane Bank's Move to Sell Stake Is Good

    Observer, 28 September 2016

    In the past couple of weeks, the media has been awash with reports about the decision by Crane bank directors to sell a stake in arguably one of Uganda's oldest indigenous banks. Read more »

  • Uganda:   Bank of Uganda Disowns Crane Bank Sale

    Monitor, 21 September 2016

    The proprietor of Crane Bank, Mr Sudhir Ruparelia last evening admitted that he hadn't yet sought Bank of Uganda clearance on the proposed share sale in Uganda's fourth largest… Read more »

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