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…