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Tag Archives: stanbic bank

Stanbic helps Makerere University ‘rise from the ashes’

Stanbic donates computers worth Sh100 Million to support Makerere University rebuild Kampala, Uganda | THE INDEPENDENT |  Stanbic Bank has donated computers worth sh100 million to help Makerere University reequip its administration centre after a recent fire destroyed a substantial part of the famous Main building. Commonly referred to as …

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Mobile banking on itsknees. How safe is your Money?

Kampala, Uganda |  THE INDEPENDENT |  “With the advancement of information technology will come more sophisticated crime”. This and other related statements are commonly used by even those who advance the need for a digitally-led society.  This, therefore, means that the advancement in IT is a necessary evil, which will …

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Team set up to probe hacking of bank, telecom systems

Kampala, Uganda | THE INDEPENDENT | The Director of Criminal Investigations Directorate Grace Akullo has set up a team to investigate the alleged hacking into the electronic systems of a bank and two telecom companies. The hackers allegedly accessed systems of Pegasus technologies that manage electronic transactions of telecom companies …

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Business confidence surges after ease in lockdown restrictions

Kampala, Uganda | THE INDEPENDENT | Confidence in the country’s business activities surged in July with business owners experiencing more demand for their goods after the country lifted much of the coronavirus restrictions, a survey has said. The Purchasing Managers’ Index (PMI) published monthly by Stanbic bank recorded a 50.3 …

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Stanbic posts UGX 259 Bn after-tax-profits

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank has announced after-tax-profits of 259 billion Shillings for 2019 up from 215 billion Shillings in 2018, cementing its position as the most profitable bank in the country. In the financial results published on Thursday, Stanbic said the money it lent to customers …

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