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Kenya’s I&M Holdings Acquires uganda’s Orient Bank

Kenya’s I&M Holdings Acquires uganda's Orient Bank

The Ugandan market has seen a new entrant today as Kenyan Banking group, I&M Holdings has acquired Orient Bank Ltd. The bank is the 12th biggest in Uganda and the acquisition sees I&M take 90% of the bank from a UK-based investment group.The previous owners of Orient Bank were 8 Miles LLP and Morka Holdings Limited, a financial company registered ...

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