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Uganda’s Cairo Bank gets capital injection from shareholders; fully compliant with revised capital buffers

Cairo Bank Uganda’s Managing Director, Ahmed Maher (left) and Sylvia Jagwe Owachi, the Executive Director.
Banque Du Caire (BDC), Egypt’s 5th largest bank has fully recapitalised Cairo Bank Uganda as per the revised Bank of Uganda capital buffers, CEO East Africa can exclusively reveal.

Banque Du Caire (BDC) owns 100% of Cairo Bank. 

“I do confirm that as of June 2023, Cairo Bank Uganda Ltd was complying with the minimum capital requirements. There was a capital injection from the shareholde

Tagged: Ahmed Maher Bank of Uganda Banks Recapitalisation Banque Du Caire Cairo Bank Financial Institutions (Revision of Minimum Capital Requirements) Instrument 2022 Sylvia Jagwe Owachi

Source: CEO East Africa

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