BANK OF UGANDA LOSES LANDMARK CASE AGAINST CRANE BANK.0
- BUSINESS
- February 17, 2022
The Bank of Uganda has lost the 5 year long battle against Crane Bank Uganda in the supreme court on Friday. The Central Bank lost the case in the high court and court of appeal respectively. Following an audit report that presented Crane Bank as with insufficient capital levels, shrinking liquidity ratios, surging loan default
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