Kampala, Uganda | THE INDEPENDENT | Stanbic Bank has continued to dominate the insurance sector with a market share of 19.38% in 2022, generating total Gross Written Premiums of Shs27.6 billion out of the industry figure of Shs143bn. At one percent, insurance penetration in Uganda remains low, but products like …
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Kampala, Uganda | THE INDEPENDENT | First Lady and Minister of Education and Sports, Janet Kataaha Museveni, has applauded Stanbic Bank Uganda and a British Peer, Baroness Verma, for backing women-led enterprises with networking and skilling sessions which, she said can help accelerate growth of their businesses. She was speaking virtually on …
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Ugandan population has always treasured owning motor vehicles because of a poor transport network. But the actual sales in the past few months have been on a decline amidst continued growth in inquiries. Autochek Uganda’s Country Manager, Jacob Muddu, in an interview with The Independent shares some insights about the …
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Regulators are increasingly seeking risk-based oversight in the market to deal with changes in technology, consumer needs Kampala, Uganda | THE INDEPENDENT | What is the best way to support businesses to survive during and after a tough economic environment? This is the big question that most people in investment circles …
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Kampala, Uganda | THE INDEPENDENT | Stanbic Bank customers can now expect to enjoy flexible terms when accessing loans including an increased loan tenure of up to 84 months and zero percent arrangement fees on all salary loans, it said on August 30. The promotion is a continuation of the ‘Get …
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Kampala, Uganda | THE INDEPENDENT | The phenomenal growth of Stanbic Bank’s East Africa Borderless Banking platform has revealed a pent-up demand for secure, real-time transactions across international borders. In a statement dated Aug.29, the Bank said, the Borderless Banking solution has grown exponentially starting January 2021 to March 2022, at …
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Kampala, Uganda | THE INDEPENDENT | It was an emotive affair—one that confirms the saying that ‘goodbye is the saddest word’ as Stanbic Bank Uganda bid farewell, last Friday, to their decorated Executive Head for Consumer and Affluent Banking, Sam Mwogeza, who is leaving after 12 illustrious years with the lender. Mwogeza …
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MediProtect is open to the bank customers and any of their nominated dependents, irrespective of age Kampala, Uganda | THE INDEPENDENT | Stanbic customers are now able to acquire for themselves and loved ones, annual medical insurance cover of up to Shs20million, courtesy of Stanbic MediProtect, a joint offer by …
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Kampala, Uganda | THE INDEPENDENT | Shareholders in banking service companies will in a month’s time start receiving dividends for their investments, for the first time since 2019. Stanbic Bank Uganda and Bank of Baroda will be the first to pay dividends to their shareholders, starting July 24th and August 4th, …
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Fort Portal, Uganda | THE INDEPENDENT | At least 100 women in Fort Portal city have been trained on financial literacy by Stanbic Bank. The three-day training at Gardens restaurant in Fort Portal targeted to help women access knowledge to finance accessibility, finding markets, suppliers and strong business records that can …
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