Stanbic Bank awarded for digital performance

September 29, 2017 in Business, Communications, Companies, Technology & Telecoms by Editor

September 29—Stanbic Bank Uganda (SBU) has been recognized as the ‘Best Mobile Banking Service Provider for its extraordinary mobile banking platform and as the ‘Best Promoter of Financial Literacy for the 2017’ for sponsoring the Stanbic Bank National Schools Championships.

The 4^th Digital Impact Awards Africa ran under the theme ‘Maximizing the digital dividend and minimize digitization risks’.

Accepting the awards on behalf of SBU, Veronica Sentongo, Head of Digital Channels said, “We are extremely proud to receive this award because it confirms that the investments we have made in our digital platforms are working.

She said, “In the past year alone we have installed additional smart AMT’s which credit cash deposits instantly; launched a revolutionary new merchant payment solution FlexiPay and introduced. The Stanbic Bank App which gives customers a single-view platform for all interaction with the services offered by the bank.”

Dr. Maggie Kigozi, who presided over the 2017 Digital Impact Awards, praised the bank, “For standing the test of time and being with Ugandans in good and bad economic conditions.”

Thanking customers for their support Cathy Adengo, the SBU Head of Communications and CSI said, “We owe this achievement to our esteemed customers who have been very loyal and made us their bank of choice.”

She said, “We look forward to serving and working together with you as we embrace the opportunities and overcome challenges by adopting digital technology as a vehicle for bringing more people out of poverty and into the formal financial system.”

Stanbic Bank Uganda provides the full spectrum of financial services. Its Corporate & Investment Banking division serves a wide range of requirements for banking, finance, trading, investment, risk management and advisory services. Corporate & Investment Banking delivers this comprehensive range of products and services relating to: investment banking; global markets; and global transactional products and services.