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@matookerepublic Mon, 01 Jun 2026 02:51:49

BoU approves Absa Bank's acquisition of Standard Chartered's Wealth and Retail Banking business

Absa Bank Uganda Limited has received regulatory approval from the Bank of Uganda for Absa Bank Uganda Limited to acquire the Wealth and Retail Banking (WRB) business of Standard Chartered Uganda. The approval marks an important milestone for Uganda's banking sector and reflects continued confidence in the strength, stability, and regulatory oversight of the country's The post BoU approves Absa Bank's acquisition of Standard Chartered's Wealth and Retail Banking business first appeared on Matooke Republic.

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