Stanbic Bank
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News
Ugandan MSMEs urged to ensure compliance
KAMPALA, November 23, 2024 – Micro, Small, and Medium Enterprises [ MSMEs ] in Uganda have been urged to adhere to the relevant regulations to ensure their businesses remain uninterrupted. This call…
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News
Stanbic increases ceiling for unsecured SACCO loans to Shs 4bln
KAMPALA, November 20, 2024 – Stanbic Bank has raised the ceiling for unsecured SACCO loans to Shs 4 billion, up from the previous limit of Shs 200 million, with an interest rate…
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News
Masindi: Stanbic Bank donates equipment to Kyatiri Health Centre
MASINDI, November 1, 2024: Stanbic Bank Uganda has donated health equipment valued at Shs 35 million to Kyatiri Health Centre III in Kyatiri Town Council, Masindi district, aimed at enhancing service delivery.…
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News
Stanbic Bank cuts interest rate to 19.50 percent
KAMPALA, October 30, 2024 — Uganda’s largest bank by assets, Stanbic Bank, has reduced its local currency prime lending rate [PLR] to 19.50 percent from 19.75 percent, effective December 1, 2024. This…
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News
Ankole SACCOs laud Stanbic Bank for financial literacy initiatives
BUSHENYI, October 3, 2024 – Savings and Credit Cooperative Organisations [SACCOs] in the Ankole Sub-region have commended Stanbic Bank Uganda for its financial literacy sessions, emphasising that the knowledge gained has significantly…
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News
EAC SG and captains of industry call for new approach to boost intra-EAC trade and investments
ARUSHA, August 22, 2024 – Regional business leaders have outlined priorities to unlock business and investment to the new East African Community [EAC] Secretary General Veronica Nduva. In her keynote address during…
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News
Parliament stays rationalisation of key entities pending audit
KAMPALA, April 24, 2024 – The rationalisation of the Non-Performing Assets Recovery Trust [NPART] and Departed Asians Property Custodian Board [DAPCB] will only be concluded after an audit of the entities is…
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Cooperatives & Communities
Stanbic Bank gives PDM SACCOs free Flexipay smartphones
NAMAYINGO, December 7, 2023 – Stanbic Bank Uganda has rolled out a new initiative aimed at enabling Parish Development Model [PDM] Savings and Credit Cooperative Organisations [SACCOs] access their money with ease.…
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Central
60 SACCOs benefit from Stanbic Bank’s value proposition
MASAKA, October 30, 2023 – At least 60 Saving and Credit Cooperative Organisations [SACCOs] from western and central regions have benefited from Stanbic Bank Uganda’s value proposition launched in June 2021 to…
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Western
Stanbic Bank boosts maternal health in Rwenzori
FORT PORTAL, October 24, 2023 – Rwenzori Sub-region now stands a better chance to handle maternal health. This is after Stanbic Bank Uganda donated some equipment to Fort Portal Referral Hospital. According…
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