Stanbic Bank Uganda has yet again reduced its Prime Lending Rate, saying the move is in response to the prevailing market conditions. The bank has set the prime lending rate…
Stanbic Bank, Uganda’s largest bank, by assets, lending, deposits and profit, has picked Emma Mugisha as its Executive Director, a credible source at the bank confirms. However, her ascension to…
By Anne Juuko Africa’s progress in empowering women risks being undone if authorities’ responses to the Covid-19 crisis do not take gender issues into account. Most notably, access to funding…
Tell us about the SME sector in Uganda? The SME sector in Uganda is basically clients who are involved in the day to day running of businesses, local businesses in…
Kevin Wingfield, hitherto the Stanbic Bank Uganda Limited, Head Personal and Business Banking (PBB) has been appointed Managing Director for Stanbic Bank Tanzania Limited. The appointment took effect on April…
The Stanbic Purchase Managers Index (PMI) for March has recorded the first decline in business activity. This is due to the global coronavirus disease 2019 (COVID-19) pandemic which has led…
Most borrowers tend to hide away from their banks at the very first sign of trouble. And as COVID-19 related business complications begin to make landfall for many businesses in…
Please mention a few key highlights for Stanbic Bank in 2019? We delivered another great performance and were able to improve on all our key performance goals. We grew our…
80% of Uganda’s business are confident about business growth in 2020 according to Stanbic Bank’s Purchasing Managers Index (PMI), a monthly survey that measures business conditions in the country. The…
The Stanbic Uganda Cup has been played since 1971 with the first Uganda Cup winner being Coffee SC who beat Simba FC (Army team) 2-1 in the final. Since then 25 different teams have won the Uganda Cup with the record winners being Express FC and current holders KCCA FC who have each won it 10 times.