BoU approves sale of Standard Chartered bank’s wealth and retail banking business to Absa

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The Bank of Uganda (BoU) has approved the sale of Standard Chartered Bank Uganda’s Wealth and Retail Banking (WRB) business to Absa Bank Uganda Limited, marking a significant development in the country’s banking sector. The approval clears a key regulatory hurdle for the transaction and underscores confidence in the stability, resilience and regulatory oversight of […]The post BoU approves sale of Standard Chartered bank’s wealth and retail banking business to Absa appeared first on Eagle Online.