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Digital Banking

A Stanbic Bank Uganda branch

Stanbic’s digital push helps drive profit rise in 2017

Stanbic Bank Uganda touted the success of its digitisation strategy on Wednesday as operating costs fell 3.2% in 2017 compared to a 17.4% rise in the previous year
A poster of Stanbic Bank Uganda's FlexiPay platform, a digital option for paying school fees

For banks, the phone is replacing the bricks and mortar branch

Branch network is one of the metrics banks usually use to measure success. The more successful a bank, the more branches across the country. That, however, may be changing as digital banking and agency banking take root in Uganda's banking sector

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