Stanbic Bank

Stanbic Uganda has appointed Catherine Poran as the first female Chief Executive (CE) of the Stanbic Business Incubator, effective 1st July. Catherine Poran replaces Tony Otoa, who has joined the Uganda National Oil Company (UNOC) as Chief Corporate Affairs Officer.

Standard Bank Group appointed Anne Juuko, formerly the Chief Executive of Stanbic Bank Uganda, as the new Global Markets Regional Head for East Africa, starting April 1.

Ronald Makata has been named new Chief Finance and Value Management Officer for Stanbic Bank Uganda, replacing Abraham Ongenge who has since moved to Stanbic Bank Kenya as Executive Head for Personal and Private Banking.

In a spectacular showcase of creative brilliance, the 2nd edition of the Silverback Awards unfolded on November 25th, 2023, at Serena in Kampala.

Prison officers and their spouses will get free financial literacy from Stanbic Bank Uganda so that they can enhance their personal economic progress. The program was launched on Wednesday by the bank in partnership with the Uganda Prisons Authority.

Sugarcane farmers in Busoga can now access up to Shs100 million in unsecured farmer loans repayable within two years at an interest rate of 2% per month courtesy of a new partnership between Stanbic Bank, Kakira sugar works and Busoga Sugarcane Growers Association.

Stanbic Bank denied that its systems were compromised following fraudulent withdrawal of $1.8 million from a customer's account.

Stanbic Bank customers can now expect to enjoy flexible terms when accessing loans including an increased loan tenure of up to 84 months and zero percent arrangement fees on all salary loans.

In spite of an unpredictable operating environment characterized by global price instability and a tightening of monetary policy by the Bank of Uganda to curb imported inflationary pressures, Stanbic Uganda Holdings Limited (SUHL) reported a half-year profit-after-tax of Shs162 billion ending Jun