Stanbic’s back-to-school cash-back promotion

Kampala, Uganda | THE INDEPENDENT | At least 200 lucky parents stand a chance to win cash prizes worth Shs100 million when they pay school fees for their children through FlexiPay or Stanbic Bank agent banking channels, courtesy of a six-week back-to-school cashback promotion aimed at supporting guardians return their kids to school, the lender said on Sept.12.

The back-to-school promo also allows salaried parents to access up to Shs250 million in advances to pay school fees for their children.

To stand a chance of winning Shs500, 000 in cashbacks, parents must pay school fees through agents or FlexiPay. School owners, can apply for an unsecured school bridge Finance Loan of up to Shs500 million or allow for 100 percent collection of the school fees through Stanbic and enjoy free comprehensive insurance cover.

Sam Mwogeza, Stanbic Bank Uganda’s Executive Head of Personal and Private Banking said the campaign is a timely intervention for its personal banking clients grappling with the challenge of finding resources to return children back to school.

Mwogeza added: “We acknowledge that behind the over 15 million learners who must return to school this week, there is a parent stressed about school fees during what we know to be a challenging economic environment.

Through this promotion, we are offering parents and guardians an opportunity to access cash advances of up to Shs250 million, to get them through this season.”