This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
I&M Holdings completes acquisition of Orient Bank, promises seamless regional access and superior services In a joint statement, I&M Holdings PLC and Orient Bank Limited say the acquisition will allow existing and potential customers of both banks to benefit from more seamless and superior banking services in the 5 countries that I&M has a presence. The duo also said an integration plan has been finalised.
As of the end of December 2020, Orient Bank had UGX734.6 billion in assets, composed of among others, UGX262.2 billion in loans. The bank also had UGX606 billion in customer deposits, a customer base of 68,787, a staff complement of 340 employees and a network of 14 branches and 22 ATMs across the country.