Uganda: Top Finance Bank Uganda Acquired By Djibouti's Sab
Credit institution, Top Finance Bank Uganda has been acquired by Salaam African Bank (SAB), a financial firm based in Djibouti.
The development was confirmed by the Bank of Uganda (BoU) in a communication issued on Monday.
"This is to inform the general public that M/s Salaam African Bank (hereafter SAB) with its headquarters in Djibouti has acquired Top Finance Bank Limited (hereafter TFB)," BoU said in a statement.