February 26, 2020 | Postdator

Bank of Uganda Finalises Liquidation of GTB, International Credit Bank

Bank of Uganda (BoU) has announced that it has finalized the liquidation process of two defunct commercial banks as required by law. Liquidation is a process of permanently closing a bank and its branches, selling off any assets and using the proceeds to settle as many of the banks remaining liabilities as possible. In a statement issued by BoU Governor…

Anne Juuko Replaces Patrick Mweheire as Stanbic Bank CEO

4 years ago4 years ago PDStaff

Uganda’s Anne Juuko has been appointed by Stanbic Bank Uganda Board of Directors as the new company’s Chief Executive Officer (CEO) replacing Patrick Mweheire who has been appointed to serve as the Regional Chief Executive, Standard Bank Group. At the time of her appointment, Juuko has been working as the head of Corporate and Investment Banking at Standard Bank, Namibia…