Standard Bank, Africa’s largest bank by assets, has become the first financial institution on the continent authorised to conduct transactions through China’s Cross-Border Interbank Payment System (CIPS). This landmark integration, inaugurated this week at the South African Reserve Bank (SARB),…
The appointment of Ugandan investment banker Anne Aliker as the Head, Africa Regions, Corporate and Investment Banking (CIB) at Standard Bank Group, Africa’s largest bank by assets, is a monumental milestone that transcends individual achievement. It is a powerful affirmation…
After eight years of transformative leadership, Daniel Ogong, the Head of Marketing and Communication at Stanbic Bank Uganda, is stepping down from his role. His departure, effective October 1, 2025, marks the end of an era that saw Stanbic’s brand…
Stanbic Bank Uganda has unveiled a transformative enhancement to its unsecured lending, extending the Supa Dupa loan repayment tenor from 7 to 10 years. This strategic shift is far more than a simple product update; it’s a bold declaration of…
At the Makerere University Investor Roundtable Summit held on Tuesday, September 2, 2025, a powerful message emerged: Uganda’s future prosperity hinges on its ability to invest in its youthful population strategically. Stanbic Bank Uganda, represented by its Executive Director and…
Uganda’s economic transformation is being built not in boardrooms, but in high school science labs and innovation hubs. The 10th anniversary of the Stanbic National Schools Championship grand finale held today in Kampala showcased a new generation of young innovators…
In the evolving narrative of Africa’s financial sector, few executives embody the rare mix of technical rigour, regional credibility, and institutional transformation like Francis Karuhanga, the newly appointed Regional Chief Executive for South and Central Africa at Standard Bank Group,…
Standard Bank Group, Africa’s largest bank by assets, is making significant strategic leadership changes, with two prominent Ugandan executives, Patrick Mweheire and Francis Karuhanga, taking on elevated roles. These appointments highlight the Group’s confidence in Ugandan talent and its deliberate…
At the Brand Africa Awards held on August 15, 2025, Stanbic Bank was honoured with two prestigious accolades: Most Admired Brand-Banking and Most Admired Brand-Financial Services. These awards are a recognition of the bank’s pivotal role in Uganda’s economy, a…
Stanbic Uganda has released its half-year financial results for 2025, revealing a robust performance that not only underscores its market leadership but also its direct role in driving Uganda’s economic growth and empowering key demographics. The bank’s strong commercial success…
Stanbic Bank Uganda under the leadership of its able Chief Executive Officer (CEO), Kenneth Mumba, has invested at least Shs1 trillion in various initiatives in a bid to drive Uganda’s socio-economic transformation, mirroring the government’s efforts to fight poverty in…
The Stanbic Business Incubator, a subsidiary of Stanbic Uganda Holdings Limited (SUHL), has graduated 48 entrepreneurs after several months of rigorous training, mentorship, and coaching. The incubator was launched in April last year, offering two programs: the Stanbic Accelerator Programme…
In a year defined by resilience and growth, Stanbic Uganda Holdings Limited has once again proven its leadership in Uganda’s banking sector. The company’s stellar 2024 financial results underscore its unwavering commitment to not only driving profitability but also contributing…
As Uganda moves towards full control of its electricity distribution, the government has strategically turned to Stanbic Bank Uganda, the country’s leading financial institution, for a crucial loan of Shs700 billion to finance the buyout of Umeme Limited. This partnership…
Mumba Kenneth Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the nation’s largest lender by assets, revenue, and deposits. His appointment was first announced in December of last year. “I am delighted to join Stanbic…