Co-operative Bank

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Co-operative Bank shareholders want compensation

admin | January 24, 2023

By Mike Sebal Under their umbrella body, Uganda Cooperative Alliance Limited, shareholders of the defunct Cooperative Bank want the government to present a report regarding the closure of their bank. They want the report to address the circumstances surrounding Co-operative Bank Limited and its liquidation in 1997. They also want […]

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BoU on the spot over sale of Co-operative Bank assets

admin | January 23, 2023

By Mike Sebalu The Office of the Solicitor General has asked the Bank of Uganda (BoU) to explain the process regarding the sale of assets belonging to the defunct Co-operative Bank. The Bank was established in 1964 under the Cooperative Societies Statute of 1963. In a letter dated January 11, […]