Standard Chartered Bank Uganda Sweeps Four (4) Acclaimed International and local Banking Awards

Standard Chartered Bank Uganda has swept four (4) international and local prestigious awards from the Financial Times’ Banker Awards, Global Finance and Digital Impact Awards Africa.

 Bank of the Year in Uganda 2020 by The Banker Awards 

For the last 94 years, The Banker has been the world’s leading monthly journal of record for the banking industry. The aim of the Banker Awards is to highlight industry wide excellence within the banking community globally. Judges select winning banks in 120 countries based on performance, innovation, adding customer value and leadership in society.  The Banker ‘Bank of the Year’ Awards are regarded as the Oscars of the Banking Industry. 

It is therefore a great honor and privilege to receive this prestigious and highly contested global banking award.

Below are highlights from citations of our other wins:

Best Consumer Digital Bank in Uganda 2020 by Global Finance:

Global Finance also recently announced Standard Chartered Bank Uganda Limited among its winners during the 21st World’s Best Consumer Digital Banks Award Ceremony. We were selected based on the strength of our strategy to attract and service customers digitally, success in getting clients to use digital offerings, growth of our digital customers, breadth of product offerings, evidence of tangible benefits gained from digital initiatives, and web/mobile site design and functionality. This is the 3rd time in a row that we have received this prestigious award from Global Finance.

The “Digital Brand of the Year” by Digital Impact Awards Africa:

This is the top award of the Digital Impact Awards Africa and the category recognizes a brand that demonstrates excellent use of the digital infrastructure. We received this award as a brand that made the most effective use of Distributed File System (DFS), web, mobile and social media platforms as well as for having excelled at innovative online service delivery, digital financial integration, digital marketing campaigns, social media performance and cybersecurity.

The “Digital Banking Excellence Award” by Digital Impact Awards Africa:

 This award recognized our excellence in offering a variety of Digital Banking services. We received this award after an in-depth analysis of our digital banking services features such as; account opening, funds transfers, payments, savings, insurance, loans/credit and deposits/withdrawal capabilities. The award also based on an assessment of our platforms, cybersecurity features, usability and innovativeness by evaluating whether our digital products offered a unique financial solution, solved a significant problem and used technology creatively.

Commenting about these awards, the Albert Saltson, the CEO, Standard Chartered Bank Uganda said; 

“We are deeply honored and grateful to have been recognized and awarded by the various international and local institutions in a year riddled with challenges and while operating in a very difficult environment. We have walked the digital journey for half a decade now with a clear strategy to be a Digital First Bank and right now we are being recognized for the leading role we play in creating a shift toward a new world of banking in Uganda through our innovative, superior, state of the art digital platforms in which we have heavily invested since 2016.”

He added: These awards would not have been possible without the support of all our stakeholders especially our clients who continue to trust our digital platforms and embrace them, our diligent and committed workforce and all other stakeholders who contribute to our success. We have been investing in developing our digital banking solutions not only to transform our clients’ experience, but to also provide them with the highest levels of cybersecurity. We scaled up last year with the launch of the first-of-kind Digital Bank which gives our clients access to over 70 self-service requests. Core among these services is the ability for anyone tobecome a client of the Bank by downloading the Standard Chartered Mobile App, then open a free online “Digital Life Account” in under 15 minutes.

“We will continue to strategically invest in digital technologies that will shape the future of banking in Uganda by developing market-leading digital solutions that deliver affordable, secure, hustle-free, easy, flexible and convenient banking for all our clients,” Saltson concluded.

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