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Bank of Uganda Approves Finance Trust Bank's Application to Downgrade to a Credit Institution
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Bank of Uganda Approves Finance Trust Bank's Application to Downgrade to a Credit Institution
The Bank of Uganda (BoU) has approved the transition of Finance Trust Bank Limited from a Tier I commercial banking licence to a Tier II credit institution licence, marking the latest adjustment within Uganda’s regulated financial services sector. In a public notice issued on January 29, 2026, the central bank informed the general public that Finance Trust Bank has been authorised to change its licence status, with the new Tier II licence taking…
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