Stanbic Uganda Holdings Limited (SUHL) has announced it grew its net profits by 11% in 2021 to earn shs.269billion from sh.242bn in 2020, driven mainly by strong growth in non-interest …
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Banking & SavingsFinanceLatest NewsNews
How women in business will benefit from special offer of financial, non-financial services bespoke
Stanbic Bank Uganda has unveiled a special offering of financial and non-financial services bespoke for women in business aimed at empowering them with competitive abilities to succeed in a world …
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Banking & SavingsFinanceLatest NewsNews
How Stanbic Bank managed to retain 22% Bancassurance market lead
Bancassurance contributed Shs 103.5billion to the Shs 1.1trillion Gross Written Premium (GWP) recorded by Uganda’s Insurance sector in 2021 with Stanbic Bank accounting for 22% to consolidate its position as …
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Banking & SavingsLatest NewsNews
NSSF midterm access is here: Here is how you can access your benefits
The National Social Security Fund (NSSF) has issued guidelines to be followed by savers to access their midterm benefits. This comes after Gender Minister Betty Amongi approved the procedures for …
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KAMPALA — Cairo Bank Uganda held a breakfast event celebrating this year’s International Women’s Day, which run under the theme #Breakthebias at their Head Office – Lotis Towers. The day’s dress code …
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The impact of Covid-19 pandemic led to a severe contraction in economic activity due to a combination of global supply chain disruptions, travel restrictions and the sudden decline in demand. …
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Banking & SavingsEconomicsLatest NewsNews
Emmanuel Tumusiime-Mutebile: Seasoned economist who was never shy to speak about government’s fiscal policy mistakes
Emmanuel Tumusiime-Mutebile, who has been at the helm of Bank of Uganda for over 20 years, the longest-serving Central Bank Governor in Africa, was never shy to speak his mind …
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Banking & SavingsFinanceLatest NewsNews
Why did Stanbic Bank waive 2021 unpaid accumulated interest on loans to privately owned schools?
Last year, the government in conjunction with the Bank of Uganda and the Uganda Bankers Association launched a Shs200 billion recovery funds for Small and Medium Enterprises (SMEs) affected by …
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Banking & SavingsLatest NewsNews
Potential NSSF Fund beneficiaries cautioned against rushing to access their benefits
President Yoweri Museveni on January 4, 2022, signed into law the NSSF (Amendment) Bill, 2021 which means that workers who have saved for over 10 years and are over 45 …
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The National Social Security Fund (NSSF) has recently been making news headlines in connection to the mid-term access. With Parliament debating the amended NSSF amendment Bill on mid-term access, public …