The State Minister for Kampala and Metropolitan Affairs, Kabuye Kyofatogabye, has commended Stanbic Bank for its unwavering commitment to addressing community challenges such as menstrual poverty in the Kampala metropolitan…
Stanbic Uganda Holdings Limited (SUHL), the parent company of Stanbic Bank has donated equipment worth UGX 20 million to Mbale Referral Hospital and Maluku Health Center III, as part of…
Ugandans hoping to live under their own roof and end renting have a new opportunity to do so with 100% financing from Stanbic Bank, courtesy of a new lending campaign…
Stanbic Bank Uganda has won the award for Best Client Service Bank 2024 during a high-profile gala event recently hosted by the Uganda Revenue Authority (URA) in Kampala. The country’s…
Output and new orders contract
Input costs rise amid higher purchase prices and wage bills
Firms remain confident in the outlook as employment grows
Stanbic Bank Uganda has announced the appointment of Samuel F Mwogeza as its Interim Chief Executive, and Barbara Dokoria as Interim Executive Director effective April 1, 2024 until substantive appointments…
Customer Deposits grew to Ushs 6.3 trillion from Shs 6.1 trillion
Total Assets grew to Ushs 9.3 trillion from UShs 9.1 trillion
Net loans and advances grew to Ushs 4.2 trillion from UShs 4.1 trillion
Total Revenue grew UShs 1.19 trillion from UShs 1.04 trillion
Profit After Tax grew to Ushs 412 billion from Ushs. 357 billion
Taxes paid in 2023 increased to Ushs 354 billion from Ushs 272 billion
Over Ushs 160 billion in affordable loans to smallholder farmers, and women
Ushs. 160 billion paid to local suppliers in procurement deals, up from Ushs. 137 billion
The private sector has sustained its upward trajectory for the nineteenth consecutive month, as reported by the Stanbic Purchasing Managers’ Index (PMI). Despite a slight dip in activity recorded in…
The Standard Bank Group has announced the appointment of Anne Juuko, the Chief Executive of Stanbic Bank Uganda, to a new leadership role as Global Markets Regional Head-East Africa, effective…
The closure of Teefe Bank, Greenland Bank, and Crane Bank had a significant impact on the Ugandan banking sector. They led to a loss of confidence in the banking sector…