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Tag Archives: stanbic bank

Stanbic maintains bancassurance market lead in 2022

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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Boosting investor confidence

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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Commercial banks resume payment of dividends

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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Women in Fort Portal receive training on financial literacy

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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