FIRST BENEFICIARIES: Anne Juuko (left) recently signed an MoU with Diana Atwine, the Ministry of Health Permanent Secretary to extend affordable credit to government health workers. COURTESY PHOTO Kampala, Uganda | THE INDEPENDENT | The social media hashtag #OneStepCloser that has been gaining popularity in recent weeks can now be firmly linked to Stanbic Bank […]
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Stepping Closer: Stanbic Bank Uganda explains Intentions behind #OneStepCloser Campaign
Kampala – Uganda, March 08: A creeping social media hashtag #OneStepCloser that has been gaining popularity in recent weeks can now be firmly linked to Stanbic Bank Uganda, as the lender’s new brand campaign aimed at rallying Ugandans to pursue their dreams and rebuild their businesses after the pandemic. In a statement to the press, […]
Uganda: Stanbic Bank Retains 22 Percent Bancassurance Market Lead in Uganda
Bancassurance contributed Shs 103.5billion to the Shs 1.1trillion Gross Written Premium (GWP) recorded by Uganda’s insurance sector in 2021 with Stanbic Bank accounting for 22 percent of that share, consolidating its position as market leader. Bancassurance is the sale of life assurance and other general insurance products through commercial banking institutions. Stanbic Bank Uganda’s bancassurance […]
How will Uganda finance its oil projects
Securing financing for oil projects might prove to be relatively hard because a number of financiers have been cutting back on funding fossil energy production due to climate concerns. Photo | File The extraction of oil has come at a tough time. The world is making a radical shift from fossil fuel as an energy […]
Stanbic Bank Explains Intentions Behind One Step Closer Campaign
Ms Shamim Nambassa(C) the Makerere University Guild presIdent and Ms Anno Jjuuko (3R), the Stanbic Bank Chief Executive hold laptops during the launch of Funa ka laptop campaign at Makerere University recently. A creeping social media hashtag #OneStepCloser that has been gaining popularity in recent weeks can now be firmly linked to Stanbic Bank Uganda, […]
How will Uganda finance its oil projects
Securing financing for oil projects might prove to be relatively hard because a number of financiers have been cutting back on funding fossil energy production due to climate concerns. Photo | File The extraction of oil has come at a tough time. The world is making a radical shift from fossil fuel as an energy […]
CMC Motors, Stanbic Bank Partner to Launch Ford Finance
The Cooper Motor Corporation (CMC) group has entered into a partnership with Stanbic Bank to launch Ford Finance a deal that will enable clients to access competitive and flexible financing solutions for Ford vehicles in Kenya. Speaking during the launch, in Nairobi, CMC Motors Group Chief Executive Officer (CEO), Alan Crossan, said that the partnership […]
Uganda Shilling Seen Extending Slide as Foreign Investors Exit
(Bloomberg) — Uganda’s shilling is expected to extend its slide against the dollar this month and in April as offshore investors holding domestic bonds move out of frontier markets due to the war in Ukraine. The currency of the East African nation has weakened about 2% this month to as low as 3,630.84 per dollar, […]
Uganda Shilling Seen Extending Slide as Foreign Investors Exit
Uganda’s shilling is expected to extend its slide against the dollar this month and in April as offshore investors holding domestic bonds move out of frontier markets due to the war in Ukraine. The currency of the East African nation has weakened about 2% this month to as low as 3,630.84 per dollar, adding to […]
PMI Shows Seventh Successive Rise in Private Sector Activity
Kampala – Uganda, March 03, 2022: A return to normality in the Ugandan economy helped lead to a further improvement in business conditions in the private sector during February, according to the Stanbic Bank sponsored Purchase Managers Index produced by IHS Markit. According to the index, output, new orders, employment, and purchasing activity were all […]