Stanbic Bank, in partnership with Afrigo Band, donated Shs 20 million in medical equipment and supplies to the Uganda Cancer Institute (UCI) to support cancer care. The donation included adult mattresses, colostomy bags, patient monitors, wheelchairs, chemo chairs, examination couches, hospital blankets, and food items. The contribution was made ahead of Afrigo Band’s 50th anniversary…
Government has recognized Stanbic Bank for its transformative impact on the remittance sector, as highlighted during the 8th Annual Uganda Bankers Association Conference in Kampala. The bank’s digital innovations, particularly the Flexipay platform, have enhanced the efficiency, accessibility, and affordability of remittance services, supporting Uganda’s diaspora and their families. In his address, Dr. Atingi-Ego, the…
Stanbic Uganda Holdings Limited (SHUL) spent Shs 565 billion in 2024 to keep its employees happy and maintain the smooth running of its operations, the company’s annual financial statements for the year that ended December 31, 2024, show. According to the records, SHUL, which includes Stanbic Bank Uganda and other subsidiaries, spent Shs 281 billion…
The Directors and management of Stanbic Holdings Uganda Limited (SHUL), the umbrella company of Stanbic Bank Uganda, have protested after Uganda Revenue Authority (URA) slapped the company a tax bill of Shs 133.7 billion. This includes a tax of Shs 33.8 billion to be paid by Stanbic Bank Uganda. This partiuclar tax bill is related…
Tension and excitement are building as eight outstanding schools from across Uganda gear up for the grand finale of the Stanbic National Schools Championship (NSC) 2025, known as the Battle of Champions, happening on August 29 at Mestil Hotel in Kampala. This year marks a decade of the competition, which has evolved into a vital…
This year’s highly anticipated Legends of Sound Afrigo at 50 is expected to attract thousands of people to celebrate the music of Uganda’s most enduring and popular band. Speaking during a news conference, Aly Allibhai the CEO of Talent Africa Group, said unlike the previous two editions that happened at the Sheraton Kampala Hotel, the…
Stanbic Bank, in partnership with the National Planning Authority (NPA) and the United Nations Population Fund (UNFPA), donated 200 mama kits to support maternal health in Uganda ahead of World Population Day which will fall on July 11. The donation was announced during a news conference at the Uganda Media Centre, where UNFPA presented its…
Stanbic Bank has been recognized for its outstanding commitment to environmental sustainability after receiving the prestigious National Environment Management Authority (NEMA) Sustainability Award in the financial institutions category. Organized by NEMA, the awards acknowledge and reward organizations and individuals implementing innovative and impactful environmental initiatives. On behalf of the bank, Catherine Adengo, Head of Sustainability,…
Stanbic Bank has officially joined Kampala Restaurant Week 2025 as the official payment partner, bringing on board its innovative FlexiPay platform which offers, convenience, and exclusive rewards for one of the city’s most anticipated culinary events. The partnership underscores the bank’s ongoing commitment to supporting local industries while offering seamless digital payment solutions that elevate…
In a strategic move to expand access to higher education and empower young Ugandans with global learning opportunities, Stanbic Bank Uganda has partnered with UNICAF, a leading pan-African online education platform, to offer up to 82% scholarships to qualifying students. The partnership will support Stanbic Bank clients pursuing internationally accredited Bachelor’s, Master’s, and doctoral programs,…
Stanbic Bank has renewed its commitment in support of environmental sustainability with a UGX 10 million sponsorship for the 5th edition of Run4Climate, an annual marathon and the flagship initiative of the Running Out of Trees (ROOTS) campaign. “Climate change is no longer a distant threat. It's here and impacting lives, livelihoods, and development,” Baziwe…
Stanbic Bank Uganda has launched a new Dollar school fees payment function on Flexipay where parents can pay school fees in Dollars, which makes it much easier for parents to pay tuition fees to international schools. The schools can now receive fees directly in United States dollars. This reduces the transaction costs and the inconvenience…
Quality Chemical Industries Limited (Qcil) has secured a $ 36 million (Shs 133 billion) debt facility from Stanbic Bank Uganda to construct a second manufacturing facility. The new facility will increase production capacity for Qcil’s existing portfolio and enable the company to expand into new therapeutic areas, including the production of injectable medications. Qcil, founded…
The Uganda Bankers Association (UBA) has named Kenneth Agutamba, Stanbic Bank Uganda’s Country Manager for Reputation and Corporate Communication, as the new chairperson of the Peer Committee on Marketing and Communication. He succeeds DFCU’s Jude Kansiime. Agutamba’s appointment follows a sector-wide nomination and consultation process that resulted in his unanimous endorsement. He will serve alongside…
Stanbic Bank Uganda’s new mortgage solution breaks financing barrier to home ownership. For most working Ugandans, the dream of owning a decent home remains just that—a dream. With soaring construction costs, high interest rates, and a complex mortgage application process, many lower-middle-class earners find themselves locked out of the property ladder. Despite the fact that…
Stanbic Bank Uganda, through its for Her initiative, has partnered with UN Women to launch a transformative programme in the West Nile sub-region, targeting both refugee and host communities. The initiative is designed to empower women through digital inclusion, financial literacy, and sustainable livelihood support. “Our work in West Nile is grounded in the belief…
Mumba Kenneth Kalifungwa, the Chief Executive of Stanbic Bank Uganda, once again demonstrated his golfing skills over the weekend during the Stanbic April Mug Challenge, ending up ranking in top 10 of competing players. He was amongst the first to tee off at 8am at the Uganda Golf Club at Kitante. “I am thrilled to…
Hundreds of Muslim faithful broke the Fast during a high-profile Iftar dinner hosted by Stanbic Bank on Tuesday evening at the Sheraton Kampala Hotel. The event, which gathered prominent leaders and the bank’s clients, celebrated the Holy month of Ramadan in an atmosphere of community spirit. The interlude is observed by Muslims worldwide as a…
