Global Trust Bank Limited and International Credit Bank Limited are among the 7 defunct commercial banks that the parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) were in 2018 investigating following reports that the Banks were ‘fraudulently’ closed. Bank of Uganda (BoU) has concluded liquidation of two defunct commercial Banks. BoU Governor Emmanuel … Continue reading Bank of Uganda Concludes Liquidation of Two Defunct Banks