Kampala, Uganda | THE INDEPENDENT | Shareholders in banking service companies will in a month’s time start receiving dividends for their investments, for the first time since 2019. Stanbic Bank Uganda and Bank of Baroda will be the first to pay dividends to their shareholders, starting July 24th and August 4th, …
Read More »BOU tells shareholders in banks to wait a little longer for dividends
Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda insists its not yet safe enough for the banking industry to start paying dividends to their shareholders, two years since this was suspended. Following the outbreak of COVID-19 in 2020, the banking industry was given guidelines to survive the pandemic, and …
Read More »Stanbic’s Anne Juuko scoops ‘Best Woman CEO’ accolade from Global Brands Magazine
Kampala, Uganda | THE INDEPENDENT | The London based Global Brands Magazine (GBM) has named Anne Juuko, the Chief Executive for Stanbic Bank Uganda as the ‘Best Woman CEO’ in Uganda’s Banking sector for the year 2021. Uganda has 27 commercial banks, four of which, including a development bank are headed …
Read More »Stanbic Bank meet exposes deals for schools
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has taken bold steps to support parents, teachers and schools as learners settle in class after nearly two years of education sector closure. Speaking at a recent virtual forum titled ‘Bank of Uganda address on credit relief measures for school loans’ organized …
Read More »Stanbic Bank commemorates Prof. Mutebile
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda is planting 72 fruit trees at its tier one branches across the country in honour of the fallen Bank of Uganda Governor, Prof. Emmanuel Tumusiime-Mutebile who died at 72 years of age. Anne Juuko, the Chief Executive of Stanbic Bank Uganda planted …
Read More »Stanbic Bank unveils special financial package for government health workers
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank has signed a partnership with the ministry of health which will see the bank offer a range of low interest loans to health workers across the country. The loans range from personal unsecured salary loans to secured loans, mortgages, vehicle and asset financing …
Read More »Stanbic Bank rewards winners of its 2021 Schools Championship initiative
Kampala, Uganda | THE INDEPENDENT | On Sept.16, the 6th edition of the Stanbic National Schools Championship (NSC) came to a thrilling climax at the Sheraton Hotel Kampala, graced by the Vice President Jessica Alupo and State Minister for Youth, Sara Mateke and the bank’s top executives. More than a dozen …
Read More »Rotary International joins Stanbic Bank’s maternal health initiative
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda’s Maternal Health Campaign dubbed “Every Mother Counts” has received a big boost from Rotary International and other partners through a new programme. The multi-partner Maternal, and Child Health (MCH) programme dubbed “saving mothers and children together” comes to reinforce the attainment of …
Read More »Corporate firms team up to save environment through 250 secondary schools
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank, Total Uganda and Roofings have announced a tripartite partnership to support over 250 secondary schools to plant at least 150,000 trees in a bid to redevelop Uganda’s receding forest cover. The three corporate entities signed the MoU for this initiative at Stanbic Bank …
Read More »Revenue shortfalls, new Covid-19 wave and locusts threaten economy – Experts
Kampala, Uganda | THE INDEPENDENT | The growth of Uganda’s economy in the short term is threatened by the effects of the COVID-19 pandemic, the hovering threat of the desert locusts in the region as well as uncertain weather conditions. The Bank of Uganda expects the economy to grow by at …
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