She will oversee seven countries including Uganda, Kenya, and Tanzania New appointment effective April 1, 2024 Hailed for successfully leading bank through tough operating environment Kampala: The Standard Bank Group has appointed Stanbic Bank Uganda Chief Executive Anne Juuko to a new leadership role as Global Markets Regional Head-East Africa. The appointment is effective 1 […]
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The Africa Laughs comedy show made a grand return for its sixth edition, which took place on Friday 28th October at the Kololo Ceremonial Grounds sponsored by Uganda Waragi – a product of Uganda Breweries Limited (UBL). The show featured performances from some of Uganda’s most talented comedians like Agnes Akite, Dr. Hillary Okello, Ronnie […]
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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 who joined Stanbic Bank, a member of the Standard […]
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Key findings Further increases in output and new orders Staffing levels decrease Input costs continue to rise Kampala: The Stanbic Headline Purchasing Managers’ Index (PMI) dropped to 50.9 in June, from 51.5 in May on account of further deterioration of business conditions in the Ugandan private sector. Readings above 50.0 signal an improvement in business […]
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Highlights for 2021 Profit-after-Tax for Stanbic Uganda Holdings Limited (SUHL) representing five subsidiaries rose 11% to Ushs269bn from Ushs242bn in 2020 SUHL’s anchor subsidiary, Stanbic Bank Uganda posted Ushs275billion in profit after tax from Ushs243bn in 2020, largely driven by growth in trading revenue. Loans and advances grew to UGX 3.7 trillion from UGX 3.6 […]
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Kampala: Stanbic Bank has signed a partnership with the Ministry of Health which will see the bank offer a range of low interest loans to government health workers across the country. The loans range from personal unsecured salary loans to secured loans, mortgages, vehicle and asset financing loans (VAF), said Anne Juuko, Stanbic Bank Chief […]
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Kampala: The Ministry of Water and Environment in partnership with Uganda Breweries Limited, American Tower Corporation (ATC) Uganda, Stanbic Bank Uganda and MTN Foundation has for the second year running announced a Running out of Trees (ROOT) Initiative which targets to plant 40 million trees countrywide. The tree planting drive, targeted at the restoration of […]
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Highlights: • The Bank recorded Profit After Tax of UGX 127.7 Billion as at June 2020 from UGX 134.1 Billion the previous year, due to the impact of Covid-19 Pandemic on client businesses. • Customer deposits grew by UGX 1.1 Trillion a 27.3% year on year growth. • Loans and advances increased by UGX 661 […]
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Stanbic Bank Uganda has launched a new brand campaign with a fresh, bold and captivating brand promise and pay–offline that aims to deepen connections with clients and reaffirm the bank’s commitment to help clients realise their dreams. Launched today, the campaign will run for the next six months and will unpack the Bank’s new aspirations […]
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By Anne Juuko, the Chief Executive, Stanbic Bank Uganda Amongst all the sectors in Uganda, the Small and Medium Enterprise (SME) sector remains the engine of growth for economic development, innovation and wealth creation. In recent reports by the Uganda Investment Authority, SMEs are spread across all sectors with 49% in the service sector, 33% […]
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