Orient Bank Limited

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%
As of the end of December 2020, Orient Bank had UGX734.6 billion in assets, composed of among others, UGX262.2 billion in loans. The bank also had UGX606 billion in customer deposits, a customer base of 68,787, a staff complement of 340 employees and a network of 14 branches and 22 ATMs across the country.

I&M Holdings completes acquisition of Orient Bank, promises seamless regional access and superior services

I&M Holdings PLC has announced the majority acquisition of Orient Bank Limited (OBL) from 8 miles LLP and Morka Holdings Limited. OBL is the 12th largest commercial bank licensed and established in

 

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