Kampala, Uganda | THE INDEPENDENT | On Sept.16, the 6th edition of the Stanbic National Schools Championship (NSC) came to a thrilling climax at the Sheraton Hotel Kampala, graced by the Vice President Jessica Alupo and State Minister for Youth, Sara Mateke and the bank’s top executives. More than a dozen …
Read More »Rotary International joins Stanbic Bank’s maternal health initiative
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda’s Maternal Health Campaign dubbed “Every Mother Counts” has received a big boost from Rotary International and other partners through a new programme. The multi-partner Maternal, and Child Health (MCH) programme dubbed “saving mothers and children together” comes to reinforce the attainment of …
Read More »Corporate firms team up to save environment through 250 secondary schools
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank, Total Uganda and Roofings have announced a tripartite partnership to support over 250 secondary schools to plant at least 150,000 trees in a bid to redevelop Uganda’s receding forest cover. The three corporate entities signed the MoU for this initiative at Stanbic Bank …
Read More »Stanbic Bank targets lawyers with special financial services pack
Kampala, Uganda | Julius Businge | Stanbic Bank Uganda has unveiled a special financial services package targeting members of the legal fraternity, climaxing the 4th annual law conference held this week in Kampala, on an exciting note for legal professionals. Sam Mwogeza, Stanbic Bank Uganda’s Head of Consumer and High Net Worth banking …
Read More »Stanbic Bank appoints Kenneth Agutamba as Manager Reputation and Communications
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda Limited has appointed Kenneth Agutamba as Manager Reputation and Communications, according to an official notice issued by the bank on August 11. Kenneth succeeds Cathy Adengo who has been appointed as Head of Sustainability at the bank. “Kenneth will be responsible for …
Read More »Mixed performance for private sector activities
Rising customer numbers support expanding private sector output according to Stanbic Bank Uganda index Kampala, Uganda | JULIUS BUSINGE | Growth was recorded again in the Ugandan private sector during May, with output, new orders and employment all rising over the course of the month, according to the monthly Stanbic …
Read More »‘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 …
Read More »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, …
Read More »UN, Stanbic bank launch fundraising drive for SACCOs
Kampala, Uganda | THE INDEPENDENT | The UN and Stanbic Bank have launched an initiative in which they hope to raise up to USD 100 million to help small and informal enterprises out of the effects of the COVID-19 pandemic. The initiative dubbed, the Economic Enterprise Restart Fund is a three-year …
Read More »Sim cards used in hacking Pegasus were registered in company name – Detectives
Kampala, Uganda | THE INDEPENDENT | Investigations into the hacking of two telecom giants and two banks have established that 1,500 sim cards on which money was transferred were registered in the names of a local company. A senior police detective at Criminal Investigations Directorate –CID in Kibuli, has told Uganda …
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