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

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, a 16.2%

March 24, 2025

Banking & Financial Services·Business & Markets·East Africa·The Big Story

Left to Right: Ronald Makata, the Chief Finance and Value Management Officer (CFVMO) Stanbic Bank Uganda, Anne Juuko, the outgoing Stanbic Bank Chief Executive and Francis Karuhanga, the Chief Executive, Stanbic Uganda Holdings Limited (SUHL).

Stanbic Uganda Holdings net profits hit UGX412 billion on the back of innovative lending

Stanbic Uganda Holdings Limited (SUHL), a franchise of the Standard Bank Group—Africa’s largest commercial lender by assets, has announced a profit after tax of UGX412 billion for the period ending December 2023

March 25, 2024

Business & Markets·News & Analysis·The Big Story

Francis Karuhanga, the incoming Stanbic Uganda Holdings Limited Chief Executive.

BREAKING: Standard Bank Group Reassigns Francis Karuhanga As Its New Chief Executive for Stanbic Uganda Holdings

The Standard Bank Group has named Francis Karuhanga as the new Chief Executive for Stanbic Uganda Holdings (SUHL), the listed entity under which Stanbic Bank, Uganda’s largest bank is operated. SUHL is

December 13, 2023

Company News·Executive Profiles·The Big Story

Stanbic Uganda Holdings Limited Chief Executive Andrew Mashanda speaking during the release of the half year performance

RESILIENCE: Stanbic records UGX. 162b half year net profit

In spite of an unpredictable operating environment characterized by global price instability and a tightening of monetary policy by Bank of Uganda to curb imported inflationary pressures, Stanbic Uganda Holdings Limited (SUHL)

August 22, 2022

Company News·News & Analysis