Crane bank @20: The story Behind Its Impressive Growth and Success

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By Our Reporter In the late 1990s and early 2000s, a number of indigenous banks sprung up in Uganda. Many however did not live to celebrate a 5th anniversary, having been declared insolvent and taken over by Bank of Uganda (BoU). Most were eventually sold to the foreign banks or liquidated primarily due to mismanagement. The Co-operative Bank’s assets, for example, were sold to the Standar