Bank of Uganda has cleared the merger of two out-of-Nairobi banks- NC Bank Uganda and Commercial Bank of Africa. The two as per 2019 results were the 19th and 21st…
The total assets of Uganda’s financial services industry reached UGX.45.81 trillion, or 44.3 percent of Uganda’s GDP, as at end December 2018. The banking sector, dominated 69% of these assets,…
The Central Bank of Kenya and the National Treasury have granted approval for the merger of NIC Group PLC and Commercial Bank of Africa Limited (CBA), paving way for the…