Shonubi Musoke advises Orient bank on USD 64 million sale of 80% stake to Bank PHB of Nigeria - 2009

Sunday 22 November 2009

Bank PHB is one of Nigeria’s leading banks, and has a paid-up capital of US$2 billion. This decision was a strategic move by Orient Bank to deepen its market share and ability to meet the increasing needs in the ever expanding and competitive Ugandan market. 

Shonubi Musoke has been retained as counsel for Orient Bank and continues to advise on various legal matters including commercial transactions and  banking law.

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