Bernard Magulu is Orient Bank's new Executive Director. He replaces Maxwell Ibeanusi who has been the Bank's MD since 2009. Magulu is an astute and consummate banker, a seasoned chartered ...

Local lender, Orient Bank is getting a revamp, ending a nearly 30-year history in Uganda. The lender is ditching its name to I&M Bank (Uganda) following the latter's decision to acquire a 90% ...

In Uganda, Orient Bank Limited has since 1993 registered steady growth in the number of branches that had even grown up to 20 but reduced to 14 across the country as of November 8.

I&M Holdings #ticker:I&M plans to acquire a 90 percent stake in Uganda’s Orient Bank Limited in a transaction in which it will spend more than Sh2 billion. The deal will add to its regional ...

The I&M acquisition of Orient Bank has been instrumental in turning around a bank that had experienced a chaotic three years. Photo / File ...

Kenyan lender I&M Holdings has struck a deal to buy 90% of the shares in Orient Bank Uganda, it said in a filing released by the Nairobi bourse on Monday.

I&M Holdings PLC has completed the acquisition of Orient Bank Ltd from 8 miles LLP and Morka Holdings Ltd. Orient Bank is the 12th largest lender in Uganda.

I&M Group which will trade as I&M Bank Uganda completed the acquisition of the Orient Bank on April 30, 2021, after receiving regulatory approval.

The Ugandan shilling remained weak against the dollar on Tuesday, a day after the Bank of Uganda sold dollars to prop up a currency hurt by political unrest.

I&M Holdings Plc has announced the majority acquisition of Orient Bank Limited from 8 miles LLP and Morka Holdings Limited, CNBC Africa spoke with the Regional Director of the institute, Chris Low ...

Uganda's central bank sold dollars on Monday after the shilling fell in early trading to test the key 2,400 per dollar level, possibly in reaction to last week's riots, traders said.