Orient Bank Acquisition

Bank of Uganda Deputy Governor, Dr Michael Atingi-Ego (left), hands over the I&M Bank (Uganda) Ltd license to the Managing Director, Mr. Kumaran Pather (right) on November 8th 2021.

I&M Group PLC completes acquisition of Orient Bank, rebrands to I&M Bank (Uganda) Ltd

I&M Group PLC officially launched its rebranded operations in Uganda today, following its acquisition of Uganda’s Orient Bank Ltd on 30th April 2021. The Ugandan bank will now operate as I&M Bank
The rebranding of Orient Bank to I&M Bank (Uganda) Limited will be done in a phased manner, starting with a physical refresh of the branches (and ATMs/); and then over time to the rebranding of all other digital and other physical assets. The bank has however assured its stakeholders of uninterrupted services during the entire transition phase.

Rebranding and name change of Orient Bank to I&M Bank (Uganda) Limited gets closer as share acquisition transaction closes

After finalisation of the share acquisition transaction, I&M Group has announced plans to rebrand its newly acquired business in Uganda, Orient Bank Ltd to I&M Bank (Uganda) Limited. I&M Group PLC’s acquisition of 90%

 

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