customer deposits Archives – CEO East Africa

Ugandan Banks Post Record UGX 1.9 Trillion Profit as Customer Deposits Surge to UGX 41.6 Trillion-BoU Report

Paul MurungiBanking & Financial Services The Big StoryOctober 13, 2025October 13, 2025

Uganda’s banking sector has cemented its recovery and resilience, posting a record UGX 1.9 trillion net profit for the year ended June 2025. This was a nearly an increase of…

Stanbic Bank Kenya’s Q1 Profit Drops by 16% on Lower Forex Income

Paul MurungiGlobal News News & Analysis The Big StoryMay 12, 2025May 12, 2025

Stanbic Bank Kenya, a subsidiary of Stanbic Holdings Plc, reported a 16.6% decline in net profit for the first quarter ended March 2025, largely attributed to a sharp drop in…

Stanbic’s Net Profit Touches a Record UGX 478Bn: 10 Facts and Figures That Explain This Record Performance

Paul MurungiBanking & Financial Services Business & Markets East Africa The Big StoryMarch 24, 2025March 25, 2025

Stanbic Uganda Holdings Limited (SUHL) has once again proven its financial strength, posting a record net profit of UGX 478 billion in 2024, up from UGX 411.5 billion in 2023,…