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Total assets. Shs9.303 trillion (US$2.408 billion) (December 2023) [2] Number of employees. 1,907 (2024) [3] Website. www.stanbicbank.co.ug. Stanbic Bank Uganda Limited (SBU) is a commercial bank in Uganda and is licensed by the Bank of Uganda, the central bank and national banking regulator. [4]
The stock of Stanbic Bank (Uganda) Limited is traded on the Uganda Securities Exchange (USE) under the symbol SBU. Standard Bank Group maintains approximately 80 percent shareholding. [20] In 2015 Stanbic Bank was involved in a fraud scandal involving money transfers from the Swedish embassy to private accounts of a former embassy employee. [21]
Stanbic Holdings Plc, formerly known as CfC Stanbic Holdings Limited, is a Kenyan financial services organization with headquarters in Nairobi, Kenya, with subsidiaries in Kenya and South Sudan. Stanbic Holdings is a member of the Standard Bank Group, a financial services giant based in South Africa. The institution is licensed and governed by ...
The privatized UCB was merged with the former Grindlays Bank Uganda that the Standard Bank of South Africa already owned and had renamed Stanbic Bank (Uganda). The combined bank is now known as Stanbic Bank Uganda Limited. [5] As of 2008, Stanbic Uganda was the dominant commercial bank in Uganda, with about 27 percent of all bank assets and ...
Stanchart Uganda is a large bank serving large corporate clients, upscale retail customers, and medium to large business enterprises. As of December 2020, it was the third largest commercial bank in Uganda by assets, with an asset base of UGX:3.8 trillion (US$1.072 billion), with shareholders' equity of UGX:937 billion (US$264 million), [3] behind Stanbic Bank Uganda and Centenary Bank. [6]
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Anne Juuko (born c. 1981), is a Ugandan investment banker and corporate executive, who was appointed by Standard Bank Group as the Regional Head of Global Markets in the group's Eastern African region, covering South Sudan, the Democratic Republic of the Congo, Uganda, Kenya, Tanzania, Malawi and Zambia. Her appointment took effect on 1 April 2024.
Uganda Commercial Bank (UCB) was established by an Act of Parliament, "The Uganda Commercial Bank Act, 1965". The new bank was to replace the Uganda Credit and Savings Bank. [1] The bank extended banking services to rural areas, and steadily expanded its branch network throughout the 1960s and 1970s. In 1971/72, following the nationalisation of ...
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