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Tag Archives: Juuko

Stanbic Bank, KACITA move on Asian markets

Stanbic Bank Uganda Limited and Kampala City Traders | THE INDEPENDENT | Association on Oct.14, unveiled a partnership that will significantly ease traders’ ability to source for goods from Asian markets as well as pay the stipulated taxes on the imported items. Stanbic Bank Uganda Chief Executive Anne Juuko said …

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How Mali frustrated 10-man Uganda

FULL TIME Uganda 🇺🇬 0 Mali 🇲🇱 0 ✳ Group E Mali 4 pts Kenya 2 pts Uganda 2 pts Rwanda 1 pt Kampala, Uganda | BY AGENCIES | Uganda Cranes earned their second point in the on-going FIFA World Cup Qatar 2022 qualifiers with a hard fought draw against West …

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Stanbic half-year profits up 21.5% to Shs 154.9bn

Company to focus on investing in technology and digital solutions to enhance customer experience Kampala, Uganda | ISAAC KHISA | Stanbic Uganda Holdings Limited (SHUL) has demonstrated business resilience, weathering effects of the coronavirus pandemic to post an impressive 21.5% growth in profit after tax to Shs154.9bn for the first …

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‘We are going to pay your dividends’

Stanbic Bank top executives tell shareholders as it rolls out offerings for women, targets oil and gas opportunities Kampala, Uganda | JULIUS BUSINGE | Whereas many businesses reported reduced earnings for the year 2020, others like Stanbic Bank Uganda Ltd, have assured their shareholders that they will earn their profits …

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Stanbic Uganda announces 2020 financial results

  ✳ Loans and advances grew by 27% from Sh2.8 trillion (2019) to Sh3.6 trillion (2020) ✳ Customer deposits increased by 16% from Sh4.7 trillion (2019) to Sh5.4 trillion (2020) ✳ Profit After Tax was Sh242 Billion (2020) down from Sh259 Billion (2019) largely due to the impact of Covid-19 Pandemic on client …

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Banks outstanding restructured loans falls to Shs4.8tn

Commodity, tourism dependent economies likely to remain vulnerable over the next 12-18 months | THE INDEPENDENT | Uganda’s commercial banks have recorded a sharp drop in the outstanding restructured loans from Shs7.7trillion in June to Shs4.8trillion in Dec, 2020, signaling improvement in the borrower’s ability to meet their loan obligations, …

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