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Less than a year after Standard Chartered announced its plan to exit its Wealth and Retail Business (WRB) segment, the long-anticipated transfer to Absa Uganda has entered a decisive phase….
When Uganda’s capital city floods, it is often framed as a natural disaster. The skies open up in fury, the drains overflow, and Kampala drowns under its own chaos. But…
Less than a year after Standard Chartered Bank announced plans to exit its Wealth and Retail Business (WRB) segment as part of a global restructuring strategy, the long-anticipated transaction has…
Standard Chartered is set to invest in boosting regional trade, particularly between Uganda and the Middle East. The Middle East has emerged as one of the major export destinations for…
Standard Chartered Bank Uganda Chief Executive, Sanjay Rughani has indicated that a number of major banks have expressed interest in acquiring the bank’s Retail and Wealth Business. The London-based group…
The Commercial Division of the High Court of Uganda has ruled that Standard Chartered Bank must compensate a former employee and his wife after wrongfully recalling an approved mortgage facility. …
MTN Uganda has secured UGX 370 billion (USD 100 Million) in debt financing in one of the largest local currency debt transactions in Uganda, which will be used by the…
London-based Standard Chartered Group is exploring the potential sale of its Wealth & Retail Banking (WRB) businesses in Botswana, Uganda and Zambia. The Group, in a published statement today said,…
Kariuki Ngari, an accomplished Kenyan career banker with over 30 years of experience has been promoted to the role of Chief Executive Officer of the Standard Chartered Bank Africa region. The role is an additional responsibility, and a highlight in his career as he continues his role as Managing Director of Standard Chartered Bank Kenya. The seasoned financial professional has…
Standard Chartered Bank Uganda in partnership with Challenges Worldwide, a Kampala-based business development consultancy have today launched the scale-up of the Youth to Work (Y2W) phase IV programme worth UGX832…
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