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The new owners merged their new acquisition with their existing Stanbic Bank (Uganda) Limited to form Uganda's largest commercial bank by assets and branch network. [11] In November 2005, the government of Uganda divested its ownership in Stanbic Bank (Uganda) by listing its shares on the USE. Standard Bank also floated 10 percent of its ...
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]
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.
1994–present. Title. Group CEO. Standard Bank Group for Eastern Africa. Spouse. 1. Patrick Mweheire is a Ugandan investment banker and bank executive. He is the regional group managing director and regional group chief executive of Standard Bank Group for Eastern Africa. He took up this position on 1 March 2020.
Headquarters. Principal Office. Kampala, Uganda. Products. Loans, Savings, Consumer Banking etc. Uganda Commercial Bank Ltd (UCB/UCBL) was a Ugandan government-owned bank, and the largest financial institution in the country. In 2001 the bank was privatised and merged into Stanbic Bank (Uganda) Limited.
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]
In 1966, the Bank of Uganda (BoU), which controlled the issue of currency and managed foreign exchange reserves, became the central bank and national banking regulator. The government-owned Uganda Commercial Bank and the Uganda Development Bank were launched in the 1960s. The Uganda Development Bank is a state-owned development finance ...
This is a list of commercial banks in Uganda [1] [2] Access Bank Uganda [3] Absa Bank Uganda Limited [4] Bank of Africa Uganda Limited [5] Bank of Baroda Uganda Limited; Bank of India Uganda Limited [6] Cairo Bank Uganda; Centenary Bank; Citibank Uganda; DFCU Bank [7] [8] Diamond Trust Bank [9] [10] Ecobank Uganda; Equity Bank Uganda Limited ...
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