Tag Archives: Stanbic

The bank’s low-cost payment solution, FlexiPay, now boasts over 900,000 clients and is gaining traction in both transaction numbers and volumes Kampala, Uganda | THE INDEPENDENT | Stanbic Holdings Uganda Ltd (SUHL) recorded 17.6% growth in profit after tax to Shs 235.5 billion for the first half of 2024 on the …

Kampala, Uganda | THE INDEPENDENT | The Banking industry reports that the not-so-friendly business environment has contributed to it’s failure to fully return to the post COVID-19 performance levels yet, despite improving results. Stanbic Holdings Uganda Ltd (SUHL), which has announced a profit after tax of 235.5 billion shillings for the …

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector reported a continued growth of new orders running into the fourth month at the end of July marking the start of the third quarter. The upturn was widespread across all five monitored sectors, with firms linking the expansion to new client wins. …

Kampala, Uganda | THE INDEPENDENT | Stanbic Uganda Holdings limited (SUHL) becomes the latest to launch a Unit Trust in country, with its success poised to leverage on financial group’s large clientele. This comes just after the total assets under management by Collective Investment Schemes hit 2.8 trillion shillings as of …

Kampala, Uganda | THE INDEPENDENT | On June 6, Stanbic Uganda Holdings Limited (SUHL), the parent company of Stanbic Bank donated equipment worth Shs20 million to Mbale Referral Hospital and Maluku Health Center III, as part of its Corporate Social Investment. The support aims to improve maternal healthcare services across the …

Kampala, Uganda | THE INDEPENDENT | Creativity, innovation, and entrepreneurial skills were exhibited as the 2024 Stanbic National School’s five-day Boot Camp recently ended; it said in a statement. Francis Karuhanga, the chief executive of Stanbic Uganda Holdings Limited said, “I want to take this opportunity to thank the Ministry of …

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda is the platinum sponsor of the popular Vumbula Uganda Festival, a 3-day extravaganza that showcases Uganda’s rich tourism attractions, art, heritage, music, and culture. This year’s edition takes place between May 31st and June 3rd at the spacious Nile Nest resort in …

Kampala, Uganda | THE INDEPENDENT | Stanbic Uganda Holdings Limited (SUHL) has officially flagged off two innovative programs aimed at supporting businesses to access finance, fostering economic growth within Uganda’s dynamic SME sector. Dubbed the Stanbic Accelerator Program (SAP) and the Supplier Development Program (SDP), the two are under the implementation …

Kampala, Uganda | THE INDEPENDENT | A total of 158 secondary education colleges from across the country have been cleared to compete in the 9th edition of the Stanbic National Schools Championship (NSC) an annual youth entrepreneurship skilling challenge. Sam Mwogeza, the Executive Head for Personal & Private Banking at Stanbic …

Kampala, Uganda | THE INDEPENDENT | Ugandan private sector firms have registered a deterioration in business conditions during March, thereby ending a 16-month upward improvement sequence in the health of the private sector. The overall decline was driven by renewed contractions in output and new orders, as customer demand was reportedly …