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Stanbic Bank Uganda

John Tumwine of Stanbic Bank Uganda speaking at a podium at the launch of the Mineral Wealth Conference

Financing, not discovery, is Uganda’s real mining challenge

Ahead of the Mineral Wealth Conference, Stanbic Bank Uganda's John Tumwine makes the case for finance as the bridge to mining wealth
Standard Bank Group's headquarters in Johannesburg
Banking Sector

Stanbic trading desk powers record profit

Stanbic Uganda Holdings posted its strongest profit growth in three years in 2025, led by a surge in trading income and compressed interest margins
The oil and chemical tanker Petrel Pacific moored at a terminal during twilight, discharging ballast water.
Middle East war

Stanbic analysts see opportunity for disciplined investors amid global unrest

Stanbic analysts say Middle East war poses real risks for Uganda's exports, currency, and inflation — but also creates openings for long-term investors
An illustration for property, mortgages, bank loans and home savings. A model of a house sitting on architectural plans, with a blurred piggy bank in the background.

Stanbic Bank calls on Ugandans to embrace a culture of saving for economic progress

Stanbic Bank executive says Ugandans should save before spending, not after, as 30% still keep cash at home earning no interest
Kenneth Agutamba, Stanbic Bank Uganda's country manager for reputation and corporate communication, speaks at an official event.

Stanbic Bank’s Ken Agutamba named among Africa’s Top 100 Corporate Communication Leaders

Kenneth Agutamba, Stanbic Bank Uganda's country manager for reputation and corporate communication, has been named among Africa's Top 100 Corporate Communication Leaders by Africa PR Week
Different Stakeholders at the Stanbic Ongea Digital Creators Summit Launch at ONOMO Hotel in Kampala recently

Stanbic launches Digital Creators Summit in Kampala

In the lead-up to the Stanbic Ongea Digital Creators Summit 2025 on 11 December, Stanbic Bank has announced a scholarship programme to motivate Uganda’s digital creators
Officials from Stanbic Bank Uganda, FinCom Technologies, and the Ministry of Education hold a branded banner announcing the Stanbic FlexiLoan partnership with SchoolPay at a launch event in Kampala.

Stanbic Bank and FinCom launch digital lending partnership for Ugandan schools

Stanbic Bank Uganda has partnered with FinCom Technologies, creator of the SchoolPay platform, to deliver a digital lending solution for schools in the country
Staff from Stanbic Bank posing for a photo with other stakeholders.

Stanbic partners with GIZ to support women in green businesses in Uganda, Kenya, and Tanzania

The collaboration will strengthen green innovation across East Africa by supporting women-led enterprises creating business solutions with a positive environmental impact
Crested Towers in Kampala, with the shorter tower housing offices of Stanbic Bank

Stanbic Bank Uganda declares annual dividend

Stanbic Uganda Holdings Limited today announced an annual cash dividend of Shs3.13 ($0.00086) per share

More Stanbic Bank Uganda

22 May 2025

Pharmaceuticals sector

Quality Chemicals secures $36mn funding from Stanbic Bank to expand production

Quality Chemical Industries Limited, the pharmaceutical company, has secured a $36mn debt facility from Stanbic Bank Uganda for the construction of a second manufacturing facility

Two men signing a host of financing documents
19 September 2024

Phillip Madinga to replace Anne Juuko as Stanbic Bank CEO

Stanbic Bank Uganda, the country's largest bank by assets and profitability, is expected to announce the head of Standard Bank Malawi, Phillip Madinga, as its new chief executive

Phillip Madinga, currently chief executive of Standard Bank Malawi, is expected to be announced as the new head of Stanbic Bank Uganda, replacing Anne Juuko
16 August 2024

Stanbic traders boost profits

Uganda's largest bank reported a strong increase in first-half profits despite monetary tightening, as its traders posted their best performance in three years and credit quality improved

Standard Bank Group's headquarters in Johannesburg
28 March 2024

Board changes

Stanbic Bank names Samuel Mwogeza as interim chief executive, appoints acting executive director

Stanbic Bank Uganda has announced Samuel Mwogeza as the lender's interim chief executive, following the departure of Anne Juuko

Stanbic Bank Uganda has announced Samuel Mwogeza as the lender's interim chief executive, following the departure of Anne Juuko. In addition, Barbara Dokoria has been appointed as interim executive director, replacing Emma Mugisha, who resigned. Ms Dokoria is currently the executive head of compliance.
25 March 2024

Stanbic Uganda’s annual net profit rose

Stanbic Uganda Holdings Limited said its annual net profit rose by 15.2 per cent and was mainly driven by its anchor subsidiary, Stanbic Bank Uganda

Crested Towers in Kampala, with the shorter tower housing offices of Stanbic Bank
5 March 2024

Standard Bank Group

Standard Bank appoints Anne Juuko as regional head for global markets

Anne Juuko, the chief executive of Stanbic Bank Uganda, has been appointed as the regional head for global markets, East Africa, at the Standard Bank Group effective 1 April

Crested Towers in Kampala, with the shorter tower housing offices of Stanbic Bank
4 December 2023

Stanbic Bank names new CFO

Ronald Makata is the bank's new chief finance and value management officer

Ronald Makata, Stanbic Bank Uganda's new chief finance and value management officer, at a bank event. Prior to his appointment, Makata was the bank's head of treasury and capital management. He has 17 years' experience in finance, 13 of which have been with Stanbic. His other roles at the bank include head of banking, client solutions, financial controller, and manager in charge of financial reporting.
10 October 2023

Two top 100 African bank rankings, same two Ugandan banks

Two rankings of the top 100 African banks in 2023 feature the same two banks from Uganda, both of which also place in the top ten for profitability

People queueing to use an ATM outside a bank
30 March 2022

Growth bounces back in 2021 for Stanbic, but lending stalls

Stanbic Bank said trading gains from debt securities holdings fuelled its profits rebound last year, but a slowdown in economic activity weighed on other revenue streams

A Stanbic Bank Uganda branch
31 March 2021

Soaring loan-loss provisions lead to first profit fall in seven years at Stanbic

Decline in net profit, the first in seven years, follows strengthened provisions against losses from borrowers hit by the coronavirus

A Stanbic Bank branch in Kampala