[9] In 1996, the bank opened its second branch in the city of Jinja, about one hour's drive east of the capital Kampala.

The remaining 38 per cent was sold to three individuals, namely Ketan Morjaria; one of the founders of the bank, Alemayehu Fisseha, and Zhong Shuang Quan.

The transaction was valued in excess of KSh 2 billion (US$20 million), and was subject to regulatory approval from Uganda and Kenya.

[21] In November 2020, the Business Daily Africa newspaper reported that I&M Holdings Limited of Kenya would pay US$33.6 million in exchange for 90 per cent shareholding in Orient Bank.

At that time, the bank employed 340 members of staff, in 14 networked branches, and maintained 22 automated teller machines.

[25] In January 2022, the Business Daily Africa reported that the final price paid for the 90 per cent shares in Orient Bank had risen from KSh 3.6 billion to KSh 4.1 billion, after valuation of the quality of assets of the acquired subsidiary.