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National Bank of Commerce

Bank of Uganda Governor Michael Atingi-Ego, who now oversees the country’s banking supervision and resolution framework as the central bank confronts lingering questions about reforms following Parliament’s COSASE investigation.
Bank of Uganda Governor Michael Atingi-Ego, who now oversees the country’s banking supervision and resolution framework as the central bank confronts lingering questions about reforms following Parliament’s COSASE investigation.

Seven Years After Parliament’s Probe into Controversial Bank Closures and Two More Failures Later: Has Bank of Uganda Learnt Anything?

Seven years ago, in February 2019, Parliament launched one of the most consequential investigations ever conducted into Uganda’s financial sector. The probe by the Committee on Commissions, Statutory Authorities and State Enterprises
March 6, 2026
DIrectors and shareholders of the defunct National Bank of Commerce appear before COSASE in February 2019. They want to be compensated UGX295bn for the "illegal" closure of their bank. Munyagwa's probe is believed by the many to be revisionist and an attempt to exonerate BoU

COSASE REPORT: National Bank of Commerce moves to sue BoU for UGX295bn as BoU braces itself for over UGX 1 trillion lawsuits

National Bank of Commerce (NBC) has become the first bank to drag Bank of Uganda (BoU) to court, following the damning Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) that implicated
April 6, 2019
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