Ugandans looking to buy their first house can now do so with up to 100% financing from Stanbic Bank at 14.5% in a move aimed at helping working Ugandans to live rent-free and channel resources to invest in their own property. Part of its new campaign dubbed—Get it done—the bank has also slashed lending rates on personal consumer loans to 15.5%, the lowest in the market—and accessible within two minutes to prequalified customers—through the lender’s mobile banking platform. Customers with loans in other banks can also migrate to Stanbic Bank under special terms and settle their obligations at lower rates—they…
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