Kampala, Uganda | THE INDEPENDENT | Standard Chartered Bank Uganda and Prudential Uganda have concluded a strategic partnership aimed at deepening access to financial services and providing long-term financial security solutions to customers. This collaboration marks a significant milestone in both organizations’ commitment to enhancing financial inclusion and delivering …
Read More »Standard Chartered Bank doubles profits
Kampala, Uganda | THE INDEPENDENT | Standard Chartered Bank Uganda has seen a significant rise in profits, doubling from Shs 40billion to Shs 80billion for the year ended December 2023. On the other hand, Bank of Baroda experienced a 2.29% decline in profits to Shs 153billion due to increased expenditures. Similarly, …
Read More »Standard Chartered chairman optimistic on China’s growth outlook
SHANGHAI | Xinhua | China’s economy is likely to keep expanding, and there is reason for strong confidence in its medium and long-term growth prospects, said Jose Vinals, chairman of Standard Chartered Group, in a recent interview with Xinhua. During his seventh visit to China in the last 13 months, …
Read More »International Banking services launched in Uganda
Kampala, Uganda | THE INDEPENDENT | Ugandans are now able to open, monitor and do their banking transactions in other countries, without having to fly out. This follows the launch of International Banking by Standard Chartered, in a move aimed at connecting their branches in more than 20 countries, including Uganda. …
Read More »New fathers to get 20 week fully paid leave at Standard Chartered
Kampala, Uganda | THE INDEPENDENT | Standard Chartered Bank employees, including those in Uganda, will now be entitled to a minimum of 20 weeks of parental leave benefit. Standard Chartered Group recently announced the rollout of enhanced global parental leave benefits that will also benefit its employees in Uganda, effective 1 …
Read More »Standard Chartered Bank launches Shs430million youth programme
Kampala, Uganda | THE INDEPENDENT | Standard Chartered Bank Uganda in partnership with Challenges Worldwide, a Kampala-based business development consultancy, has launched the scale-up of the Youth to Work (Y2W) phase III programme worth Shs430 million. The hybrid event that had participants attend both physically and online, took place in Kampala and …
Read More »Standard Chartered reports record operating profit in Africa and Middle East
Dubai, United Arab Emirates | THE INDEPENDENT | Standard Chartered Bank has reported its highest operating profit since 2015 in the Africa and Middle East region. It its financial results for the full year and fourth quarter ending 31 December 2021 released Thursday, Standard Chartered reported that operating profit grew to a …
Read More »Banks, telecoms battle for digital accolade
They are not only in business to compete and attract customers in their line of business, but are also warming up to compete for Uganda’s Digital Brand of the Year award for 2019 organised by an entity dubbed HiPipo. Kampala, Uganda | JULIUS BUSINGE | The two leading telecom firms …
Read More »How Standard Chartered Bank has benefited EA economies
It has lent out US$3.4bn and employed 2500 permanent staff Kampala, Uganda | JULIUS BUSINGE | Commercial Banks all over the world are portrayed as profit oriented and only work with customers they think have firm foundations to meet credit obligations. But the Standard Chartered Bank’s recently released independent study …
Read More »VIDEO: Albert Saltson is new Standard Chartered bank boss
Albert Saltson has been appointed the new Chief Executive Officer (CEO)/ Managing Director of Standard Chartered Bank Uganda. The Ghanaian has been urged to put energies on fighting the rising cases of money laundering that threat the bank’s profitability and the Ugandan economy. Share on: WhatsApp
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