How did Crane Bank fall on hard times?
Автор: NTVUganda
Загружено: 2016-10-20
Просмотров: 2904
Описание:
The Bank that was flying high at 199 billion shillings in capital in 2015, is now tightly under the management of the Central bank over capitalization concerns. In a public notice to customers, Bank of Uganda said the bank’s under-capitalization posed a systematic risk to the stability of the financial system and the continuation of its activities under the current form were detrimental to depositors. So how did it come to this. A reading of Crane Bank’s financials gives us an insight.
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