Central Bank directs removal of 'Bank' from Crane

The move follows a 2022 ruling by the Supreme Court regarding the legal status of the defunct Crane Bank Limited.

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Crane Bank Limited has been subject to legal scrutiny following its collapse, with ongoing proceedings aimed at addressing the aftermath of its closure.
By NewVision Reporter
Journalists @NewVision
#Bank of Uganda (BOU) #Crane Bank

The Bank of Uganda (BOU) has directed the Uganda Registration Services Bureau (URSB) to remove the term "Bank" from the company name of Crane Bank Limited.

The move follows

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