By Silvia Nyambura Bank of Uganda (BOU) Governor Emmanuel Tumusiime Mutebile has commended Exim Bank for being resilient and withstanding a possible upheaval as it re-branded from Imperial Bank. Exim which is headquartered in Tanzania became the majority shareholder in former Imperial Bank Uganda which was placed under statutory management in October 2015 following the closure of its parent company in Kenya. Speaking at a Cocktail held at The Kampala Serena Hotel in the week ending Friday 13th May 2016, Mutebile said, “To protect depositors’ funds and to ensure continuity of the bank’s operation in the country, BOU decided to…
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