Stanbic Bank
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News
Positive customer demand bolsters business conditions in May
KAMPALA, June 19, 2025 –– Confidence in Uganda’s private sector rose to its highest level in nearly two years, as the headline Stanbic Bank Purchasing Managers’ Index [PMI] climbed to 56.4 in…
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News
Stanbic Bank to help Okere Shea Cooperative Society join banking system
OTUKE, March 21, 2025 – Stanbic Bank, Lira Branch, has pledged to assist Otuke district’s Okere Shea Cooperative Society Limited members, especially women, to open bank accounts as they work towards improving…
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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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