Friday , November 8 2024

Tag Archives: Mercantile

BoU closes Mercantile Credit Bank Ltd

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has revoked the license of Mercantile Credit Bank Ltd and ordered the company to wind up its affairs. Mercantile is a Tier II financial institution. Credit Institutions are described as “non-bank” financial institutions that engage in the acceptance of call and …

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