Kampala, Uganda | THE INDEPENDENT | Uganda’s Purchasing Managers’ Index (PMI) fell to 51.5 in December last year, down from 54.1 in November, Stanbic Bank reported on Wednesday. The new reading in the monthly report issued by Stanbic Bank, Uganda’s largest bank, attributed the decline to price pressures and a drop …
Read More »Festive season: Stanbic Bank customers to win big for paying with Visa cards
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank customers who pay using their debit or credit Visa cards when shopping during this festive season, stand a chance of winning big daily and weekly cash prizes in a new promo dubbed “Kiri Heavy-this Christmas.” The promo, which runs through December 31 will see …
Read More »Stanbic Bank donates medical mama kits to Kawempe Referral Hospital
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda together with other well-wishers, have donated medical mama kits worth UGX35.5 million to Kawempe Referral Hospital as part of its year-ender Corporate Social Investment programme. The donation is part of an ongoing campaign in which the bank and several other organisations and …
Read More »Stanbic Bank announces new loan offers at special interest rate
Kampala, Uganda | THE INDEPENDENT | As 2021 gets to the end, Stanbic Bank Uganda has unveiled what it terms as ‘exciting offers’ on unsecured personal loans effectively activating the festive mood among customers. In a Nov.01 media statement, Uganda’s largest bank by assets, said, the promotional offer runs until end …
Read More »Stanbic seizes Mogas over failure to service bank loan
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has taken control of petroleum products distributor MOGAS, after the latter reportedly failed to pay back a three-year loan. The bank immediately put the company, whose full name is: Maestrol Oil and Gas Solutions under receivership to recover it’s money. Non of …
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 »Retired banker loses home to money lender
Kampala, Uganda | THE INDEPENDENT | A 68-year-old retired banker and his wife are stranded after being thrown out of their home by a money lender. Francis William Balyokwayibwe was a manager at Stanbic Bank by the time he retired 16-years ago after a 28-year career that started at Uganda Commercial Bank …
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 …
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