The lender posted a 20.4% rise in profit after tax to Shs 586.2 billion Kampala, Uganda | JULIUS BUSINGE | In banking, consistency is often more valuable than bursts of brilliance. Stanbic Bank Uganda Limited appears to have mastered that art. The lender posted a 20.4% rise in …
Read More »Stanbic Bank urges youth to exploit targeted empowerment initiatives
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank’s head of personal banking, Israel Arinaitwe has urged students and recent graduates to actively exploit the youth empowerment initiatives available to sharpen their skills, strengthen their goals, and position themselves for growth after university. Arinaitwe said, “What we’ve done as a bank, …
Read More »Stanbic, Buganda launch Ssemaduuka to finance coffee farmers
Data shows more than 70% of PEWOSA SACCO members are women, underlining the initiative’s potential to deepen women-led enterprise and inclusive growth in rural communities Kampala, Uganda | THE INDEPENDENT | For more than a decade, Frank Nyanzi, a 57-year-old coffee farmer from Madudu Sub-county in Mubende District, …
Read More »How Uganda’s economy can withstand global turmoil
COMMENT | BETHUEL KARANJA | From Washington to Beijing, the global economic weather is turning unpredictable. Trade rules that once anchored international commerce are fraying under the strain of protectionism, geopolitical rivalry and economic nationalism. For a small, open economy like Uganda’s, deeply plugged into global commodity markets, capital flows …
Read More »Private sector ends 2025 with high hopes for further expansion
Kampala, Uganda | THE INDEPENDENT | Following a 10-month period of job creation, Ugandan companies saw a broad stagnation in employment levels and higher input costs during December; nonetheless, driven by other factors, the monthly Stanbic Purchasing Managers Index (PMI) rose slightly to 54.0 compared to the 53.8 recorded …
Read More »Stanbic Bank Uganda invests in the golf stars of tomorrow
Uganda Ladies Golf Union unveils Stanbic Bank as title sponsor for the Inaugural Annual Stanbic Junior Golf Championships Kampala, Uganda | THE INDEPENDENT | When 11-year-old Henry Michael Nimoh tees off in the Inaugural Annual Stanbic Junior Golf Championships on December 14, he believes he will be taking a first …
Read More »Stanbic Bank gives Mbale Hospital sh100 million boost
Stanbic Bank’s UGX 100m Donation to Mbale Hospital Brings Hope for Women, Children In Elgon Region Mbale, Uganda | THE INDEPENDENT | Stanbic Bank has reaffirmed its commitment to improving maternal health outcomes by giving Mbale Hospital a Sh100 million boost. An assortment of equipment that includes an anaesthetic machine, …
Read More »Stanbic Bank strengthens its Karamoja network
Karamoja Local Leaders Laud Stanbic Bank’s Inclusion Agenda for Women, Youth, and Farmers Moroto, Uganda | THE INDEPENDENT | Local leaders in the Karamoja sub-region have commended Stanbic Bank Uganda for its ongoing investment and inclusive banking agenda, which continues to empower women, youth, and farmers through affordable credit, digital …
Read More »Pearl Bank’s Wendi and Stanbic Bank’s FlexiPay are now one and the same
Pearl Bank’s Wendi, Stanbic Bank’s FlexiPay, Integrate to Drive Uganda’s Digital Financial Inclusion Agenda Kampala, Uganda | THE INDEPENDENT | Over a million users are set to benefit from a landmark partnership,that will see Pearl Bank Uganda (formerly PostBank Uganda), a leading government-owned financial institution, and Stanbic Bank Uganda, the …
Read More »French Embassy partners with Stanbic Business Incubator to train start-ups for green economy
Kampala, Uganda | THE INDEPENDENT | The Stanbic Business Incubator Limited (SBIL) has signed a new grant agreement with the Embassy of France in Uganda to finance the Green Tech Incubator and Accelerator for Entrepreneurship Program. The program, which targets the youth and women in the Kampala Metropolitan Area and the …
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