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A major banking bombshell has hit the financial streets of Kampala — Absa Bank Uganda has gobbled up the struggling retail and wealth wing of Standard Chartered Bank Uganda! The shock deal, sealed on Friday at Stanchart’s head offices, marks the end of an era for one of Uganda’s oldest banks, which has finally thrown in the towel on its …
Read More »SWEET OR RAW DEAL? Absa Swallows Stanchart’s Loss Making ‘Retail & Wealth’ Unit — Customers, Workers Left in Panic!
