Bank of Uganda downgrades GT, ABC, Opportunity banks to Tier II observer.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from observer.ug Daily Mail and Mail on Sunday newspapers.
Three commercial banks in Uganda will transition from Tier I commercial banks to Tier II credit institutions, the Bank of Uganda said in a statement on Wednesday. The three institutions, ABC Capital Bank, Guaranty Trust Bank and Opportunity Bank, now have three months to make the transition. This will include phasing out products and processes