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Uganda:
How Crane Bank Fell
Independent (Kampala), 31 October 2016
Why President Yoweri Museveni's behind- the-scenes-maneuvers to save Sudhir's bank hit a snag Read more »
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Uganda:
Crane Bank Takeover Is Sign of Failing Economy
Observer, 26 October 2016
About three weeks ago, I joined about a dozen MPs at Entebbe for a two-day residential workshop at Imperial Resort Beach hotel to scrutinize the Leadership Code (Amendment) Bill… Read more »
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Uganda:
Crane Bank - How Much Does Bou Remember From Greenland, 1999?
Monitor, 27 October 2016
The Central Bank last week put Crane Bank under statutory management, ending weeks of speculation about the health of the institution. Read more »
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Uganda:
In 2035, a Crane Bank-Type Crisis Will Not Be Possible
Monitor, 26 October 2016
Last week, Bank of Uganda appointed what they hope will be a more competent manager to run the affairs of troubled Crane Bank, kicking out the old leaders and its Board of… Read more »
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Uganda:
Crane Bank Signals Distress in Banking Sector
Monitor, 26 October 2016
The tough economic environment predicted in August 2015 by a top banking executive appears to have claimed its first victim, Crane Bank. Read more »
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Uganda:
'Financial Sector Stable Despite Crane Bank Crisis'
Monitor, 25 October 2016
The Central Bank has refuted claims that the country's financial sector is crumbling following the recent takeover of Crane Bank Limited. Read more »
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Uganda:
Crane Becomes Second Bank to Fall
Nation, 23 October 2016
The Bank of Uganda has taken management control of Crane Bank because it lacked sufficient capital and posed a systemic risk to the financial system, the central bank said last… Read more »
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Uganda:
BoU Cites Under Capitalisation for Crane Bank Takeover
East African, 23 October 2016
Uganda's Crane Bank Ltd was on Thursday put under receivership by the regulator for operating without sufficient capital, prompting a cross-section of analysts to caution that the… Read more »