Financial Services, Investment

Stanbic subsidiary launches unit trust as industry sees assets rise by 20%

July 2

SBG Securities, a subsidiary of the Stanbic Uganda Holdings Limited (SUHL), has unveiled the Stanbic Unit […]

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Business, Companies, Finance, Financial Services, Trade & Industry

Bank of Uganda pulls the plug on Mercantile Credit Bank

June 18

Banking regulator Bank of Uganda has pulled the shutters on Mercantile Credit Bank MCBL, a small […]

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Business, Financial Services, Investment

Trading leads as main source of income for Ugandans

May 29

The purchase of land, farming activities and running a business continue to be the predominant investment […]

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Finance, Financial Services

New leadership for bankers’ umbrella as total assets top $12 billion

May 29

Total assets of Uganda’s banking industry have increased by 8% from UGX45.8 trillion (about $12 billion) […]

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Companies, Finance, Financial Services

Big fish in small pond Stanbic notches up $100m profit for 2023 topping previous figure by 15%

March 25

Stanbic Uganda Holdings Limited (SUHL), a franchise of the Standard Bank Group—Africa’s largest commercial lender by […]

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Business, Financial Services

Inaugural event sets agenda for supporting women-owned businesses

March 15

The Uganda Development Bank Limited (UDBL) in partnership with the Uganda Women Entrepreneurs Association Limited (UWEAL) […]

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Business, Companies, Financial Services

Standard Bank Group reports $2 billion earnings up 27% from 2022

March 15

Standard Bank Group recorded headline earnings of R42.9 billion (about $2.3 billion) for the 12 months […]

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Companies, Financial Services

Stanbic Bank Uganda Chief Executive elevated to regional role in Nairobi

March 12

The Standard Bank Group has appointed Stanbic Bank Uganda Chief Executive Anne Juuko to a new […]

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Business, Companies, Finance, Financial Services, Policy

Mergers and degradations predicted as Uganda lenders move to comply with higher capital thresholds

February 7

Uganda could witness a spate of consolidation and degradations across the banking industry, as lender move […]

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Business, Financial Services

Stanbic launches Oli Sorted to help ease customers into new year

January 29

Stanbic Bank is running a three month campaign, Oli Sorted, to encourage borrowers to sort out […]

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