Afriland First Bank Uganda and Opportunity Bank Uganda Limited Given License To Operate As Commercial Banks

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Bank of Uganda has awarded licenses to 2 new Commercial banks. The banks, Afriland First bank Uganda Limited and Opportunity Bank Uganda limited have been given licenses to start operations effective September 12th and 13th respectively. This makes the total number of commercial banks in Uganda, 26. Afriland First bank is a new institution in Uganda’s banking sector. The bank was founded i