Stanbic Bank Uganda welcomes ‘AAA’ Fitch rating
Anne Juuko, Stanbic Bank Uganda Chief Executive. Stanbic is Uganda’s largest bank accounting for 22% of banking sector assets as at the end of December 2021.
Fitch, the international credit rating agency has affirmed Stanbic Bank Uganda Limited's (SBU) Long-Term Issuer Default Rating (IDR) at 'B+' while it also maintains its ‘AAA’ rating in Uganda.
According to Fitch, SBU's National Ratings reflect its creditworthiness relative to other issuers in Uganda. SBU's 'AAA (uga)' National Long-Term Rating is the highest possible on Uganda's national sc
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