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Tag Archives: Tropical Bank

Six granted bail on charges of defrauding Tropical Bank UGX 2 Billion

Kampala, Uganda | THE INDEPENDENT | The Anti-Corruption court in Kampala has granted bail to six people accused of conspiring to defraud Tropical Bank limited more than 2.1 billion shillings. Those granted bail include; Hajjara Nansubuga, Faridah Nasiiwa and Deborah Acen, all bankers from Tropical Bank Limited. The others are; Paul …

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Six remanded for defrauding Tropical bank UGX 2Billion

Kampala, Uganda | THE INDEPENDENT | At least six people including three bankers and two lawyers have been remanded by the Anti-Corruption Court in Kampala for conspiring to defraud Tropical Bank Limited of 2.1 billion Shillings. The suspects are Hajjara Nansubuga, Faridah Nasiiwa, and Deborah Acen, all bankers from Tropical Bank …

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Tropical Bank set to close Mbale, Mbarara branches

Kampala, Uganda | THE INDEPENDENT | Tropical Bank has finalized plans to shut two of its branches. The branches that will be closed by 31st January, 2021, include Tropical Bank Mbale branch and Tropical Bank Mbarara branch. According to a letter dated 15th December, 2020, signed by the Wasswa Hannington, the …

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Islamic banking presents new opportunities

Tropical Bank takes lead with more than 8000 customers interested in taking up Islamic banking services The Secretary General of the Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank (ADFIMI), Nuri Birtek says Uganda’s commercial banks and investors need to support small and medium …

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