Stanbic Banks lead talks on unlocking domestic capital for EAC infrastructure

Our Reporter3 weeks ago04 mins

The East African Community (EAC) faces a daunting $42 billion annual infrastructure deficit, stalling progress in transportation, energy, and communication systems critical for regional integration and economic growth. To address this, Standard Bank Group affiliates—Stanbic Bank Kenya, Stanbic Bank Uganda, and Stanbic Bank Tanzania—recently convened the 2025 East Africa Institutional Investors Forum in Arusha, Tanzania,…

Stanbic Bank launches FlexiPay campaign to promote financial inclusion, digital transformation

Our Reporter2 months ago05 mins

Stanbic Bank Uganda has announced the launch of a three-month nationwide campaign to boost its innovative digital payments platform, FlexiPay. The campaign dubbed the “Flexipay Cashback Explosion” kicked off at the offices of Boda Boda Banja, one of the bank’s key merchant partners in Kampala, with the goal of revolutionizing everyday transactions and accelerating digital…

Stanbic Bank to fast-track Uganda’s agro-industrialization agenda

Our Reporter3 months ago04 mins

In a move to accelerate Uganda’s transition from subsistence agriculture to a modern, industrialized agro-economy, Stanbic Bank Uganda, in partnership with the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF), hosted the inaugural Consumer Convention 2025 in Kampala. The high-level forum attracted stakeholders from government, agribusiness, financial services, and the development community to discuss scalable…

Stanbic Bank donates medical equipment to Mpugwe Health Center III, Masaka

Our Reporter4 months ago03 mins

Stanbic Bank Uganda has donated essential medical equipment valued at Shs 25 million to Mpugwe Health Center III in Masaka. The donation includes three delivery beds, two oxygen concentrators, and 100 Mama Kits, all identified as critical by the facility’s administration to enhance maternal and emergency care. The handover ceremony was led by Stanbic Bank…

Mumba Kalifungwa officially takes charge as CEO at Stanbic Bank Uganda

Our Reporter6 months ago6 months ago03 mins

Mumba Kenneth Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the largest commercial bank in terms of assets, revenue, and deposits. His appointment was first announced in December of last year. “I am delighted to join Stanbic Bank Uganda. With the support of my colleagues and stakeholders, this new role…

Umeme Buyout: Stanbic Bank to lend government Shs 700 bn

Our Reporter6 months ago01 mins

Parliament is looking into a proposal by the government to borrow $190 million (approx Shs 700bn) from Stanbic Bank to facilitate the buyout of Umeme Limited. The proposal was tabled by Henry Musasizi, the minister of state for Finance. The matter was pushed to the Committee on National Economy for review. Umeme started the process…

Stanbic Bank rolls out new campaign to ease credit access for women, youth

Our Reporter7 months ago7 months ago04 mins

Stanbic Bank Uganda has unveiled a new campaign dubbed Kiri SupaDupa which aims at breaking barriers to access to finance for newly employed individuals, especially the youth. According to the African Development Bank (AfDB) young people face numerous institutional barriers when sourcing funding for their personal or commercial ventures with lack of collateral, limited credit…