Kampala: Prison Officers and their spouses will get free financial literacy courtesy of Stanbic Bank Uganda. This transformative training lunched on Wednesday is aimed towards enhancing their personal economic progress. The programme follows discussions between Johnson Byabashaijja, the Commissioner General of Uganda Prisons and Anne Juuko, the Stanbic Chief Executive. Israel Arinaitwe, the Head of […]
Key benefits Over 15 million learners set to return to school countrywide Stanbic Bank announces cash-back promo for parents paying tuition via bank channels At least 200 lucky parents to win UGX 100m in cashbacks on school fees payments Parents to pay school fees via Agent banking and Flexipay to stand chance of winning Winners […]
Kampala: Stanbic Bank has officially unveiled the 8th edition of the National Schools Championship programme to further support Uganda’s economic resilience. The programme, which has been running for the last eight years has impacted 420,000 students across the country and expanded opportunities by empowering young people with employable and entrepreneurial skills. The annual challenge is […]
Key findings Improving demand supports private sector growth Employment and purchasing activity scaled back Input costs continue to rise Kampala: The headline Stanbic Purchasing Managers’ Index posted 51.6 in September, up from 50.5 in August and the highest in five months as business conditions improved for the second successive month, although the latest reading was […]
Key benefits Loan tenure of up to 84 months 0% loan arrangement fees Unsecured loans of up to Ugx 250 Million Cashback of Ugx 50 Million to selected winners Kampala: Stanbic Bank customers can now expect to enjoy flexible terms when accessing loans including an increased loan tenure of up to 84 months and zero […]
Key indicators Ongoing improvements in activity and new business Higher fuel costs drive input prices up Employment rises for third month running Kampala: The headline Stanbic Purchasing Managers’ Index (PMI) posted 51.9 in March, down from 55.7 in February, but still signaling an improvement in business conditions as the health of Uganda’s private sector continues […]
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 […]
Kampala: A return to normality in the Ugandan economy helped lead to a further improvement in business conditions in the private sector during February, according to the Stanbic Bank sponsored Purchase Managers Index produced by IHS Markit. According to the index, output, new orders, employment and purchasing activity were all up and companies were optimistic […]
Stanbic Bank Uganda has taken bold steps to support parents, teachers and schools as learners settle in class after nearly two years of education sector closure. Speaking at a recent virtual forum titled ‘Bank of Uganda address on credit relief measures for school loans’ organized by Stanbic Bank and Proprietors of Private Educational Institutions’ Association […]
Kampala: National Housing, Stanbic Properties Limited, and Stanbic Bank Uganda have today entered a tripartite partnership to develop and facilitate Ugandans to access affordable modern housing, at a function presided over today, by the Minister of Finance, Planning and Economic Development. Under the terms of the partnership, National Housing will provide land to develop affordable […]
