Uganda clears Absa takeover of Standard Chartered's retail and wealth banking business
The Bank of Uganda has approved Absa Bank Uganda's takeover of Standard Chartered's retail and wealth banking operations in the country.
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The Bank of Uganda has approved Absa Bank Uganda's takeover of Standard Chartered's retail and wealth banking operations in the country.
Access Holdings, led by Aigboje Aig-Imoukhuede, has acquired Standard Chartered Bank Cameroon, expanding its regional banking network.
Wigwe owns a 9.09-percent stake in Access Holdings, or 3,230,789,014 ordinary shares in the lender.
Shawmut Limited, the Moi family’s private investment firm, owns 1.03 percent of the Kenyan commercial bank.
The family of the late Kenyan President Daniel arap Moi will pocket $380,000 in dividends from Standard Chartered Bank.