Kampala , Uganda | Julius Businge | On May 18, Stanbic Bank Uganda partnered with Vivo Energy Uganda, National Environment Management Authority, Uganda Breweries Limited and Next Media Services to protect the environment through a new campaign dubbed ‘Taasa Obutonde.’ Taasa Obutonde means ‘let us save the environment.’ The campaign, which …
Read More »Key sectors of the economy dominate Stanbic’s National School Championship
Kampala, Uganda | Julius Businge | Stanbic Bank Uganda has announced the regional finalists of the National Schools Championship 2021, the bank’s executives said in a notice sent to The Independent on May 07. This competition was started in 2015 as a corporate social investment programme aimed at equipping students with …
Read More »Ministry of water partners with private sector to restore forest cover
Kampala, Uganda | Julius Businge | The Ministry of Water and Environment in partnership with Uganda Breweries Limited, American Tower Corporation (ATC) Uganda, Stanbic Bank Uganda and MTN Foundation has for the second year running announced a Running out of Trees (ROOT) Initiative which targets to plant 40 million trees countrywide. …
Read More »Stanbic Bank Uganda profits hit record level
Kampala, Uganda | Isaac Khisa | Stanbic Bank Uganda registered a record 20% growth in net profit to Shs 259 bn last year compared with the 2018 citing increase in both interest and non-interest incomes. The bank also recorded a 20% year-on-year growth in revenues to exceed Shs 800 billion. …
Read More »Gov’t to borrow UGX 2.4 trillion from Stanbic, Trade Bank
Kampala, Uganda | THE INDEPENDENT | Government has plans to borrow 2.43 trillion shillings to finance a budget shortfall realized a few months into the current financial year. According to a domestic loan request presented to Parliament on Wednedsay, government says that out of the 2.43 trillion Shillings, Euros 300 …
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