FlyHub Uganda

Left-Right: Stanbic Holdings’ CEO, Andrew Mashanda; Stanbic Bank Chief Executive, Anne Juuko; Stanbic Business Incubator Chief Executive, Tony Otoa; SBG Securities’ Chief Executive, Joram Angora; Stanbic Properties Chief Executive, Spencer Sabiiti and Flyhub Chief Executive, Muhumuza Joel.

SHARED PROSPERITY: A deep-dive into Stanbic’s emphatic 2022 performance  

The bank which is the biggest lender with 21% of the market share, in 2020 restructured UGX800 billion of loans, giving room to clients to get back on their feet. Thanks to
Anne Juuko, the Stanbic Bank Uganda Chief Executive said the business focused on sustained management of asset quality through proactive engagement of customers, restructuring loan repayments, and waiving or suspending interest repayment on loans by client businesses in sectors such as education that were most hit by the impact of covid-19 pandemic.

RESILIENT: Stanbic Uganda Holdings defies tough times; 2021 profits rise 11% to a record UGX269 billion  

Stanbic Uganda Holdings Limited (SUHL) has announced it grew its net profits by 11% in 2021 to earn UGX269billion from Ush.242billion in 2020, driven by robust growth in non-interest income earned by

 

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