Stanbic Bank Uganda Limited Takes Over Mogas in Recovery Effort

Getting your Trinity Audio player ready...

Stanbic Bank Uganda has placed oil marketing company Mogas Group under receivership in order to recover outstanding loans. In a statement, the Bank says: "Stanbic Bank Uganda Limited has placed Mogas Group assets under receivership to recover outstanding loans, adding that Kabiito Karamagi with the Law Firm, Ligomarc Advocates, has been appointed Receiver in Uganda and is leading the takeover proc

Thank You For Reading CEO East Africa Magazine.

Please SUBSCRIBE for UNLIMITED ACCESS to our game-changing stories or LOG IN for existing members.

Stanbic Bank Uganda Limited Takes Over Mogas in Recovery Effort

Stanbic Bank boosts unsecured SACCO loans from sh200m to sh4 billion

Stanbic Bank Ushers in a New Era of Elite Banking with the Launch of the Infinite Card

Stanbic Bank Provides Timely Support as Fort Portal Regional Referral Hospital Faces Rising Casualty Rates

PHOTOS: Stanbic Bank Treats Private Clients to a Fine Dining Experience—An Epitome of Class and Elegance

I&M Bank named Most Innovative Digital Bank and Best Private Bank in Uganda by Global Banking and Finance Review Awards

Entrepreneurs Urged to be Tax Compliant

Airtel Africa-UNICEF Partnership Connects 1,200 Schools, 1m Africa Children to Digital Education

Accelerate adoption of data science, leadership, governance and AI for evidence-based decision-making⏤ experts urge Ugandan businesses and government

Related Stories

You May Also Like