Thursday, December 26, 2024
26.6 C
Kampala

Stanbic Bank Awarded Best Bank in Uganda

Stanbic Bank has been recognised as the country’s best financial institution at the 2017 Euromoney Awards, the world’s most recongised accolade in the Global Banking Industry.

Accepting the award on behalf of the Bank Cathy Adengo Stanbic Banks Corporate Communications Manager noted that, “We owe this accomplishment to our esteemed customers who we truly thank for making us their bank of choice.”

Commenting on this achievement, Patrick Mweheire, Chief Executive Stanbic Bank Uganda said, “We are extremely proud to have received global recognition as the Best Bank in Uganda. It is an affirmation of our relentless focus on meeting our customer needs both at the retail and institutional segments. With this achievement, I would like to thank our customers for their continued loyalty and look forward to working together to achieve greatness while making real contributions to the Ugandan economy”.

In 2016 Stanbic Bank maintained its position as the largest provider of support to Government of Uganda infrastructure program by providing up to UGX 1 trillion of all off balance sheet guarantees and performance bonds.

Commenting on this recent award, Dieudonne Kamenge, Managing Director of Artis Uganda Limited a leaf and commodities trading company explained what this meant for their business a Stanbic Client.

“I wish to congratulate the management & staff of Stanbic Bank Uganda for this achievement. We are proud to be part of a winning brand and we hope you keep it up by continuing to come up with more innovative products that make our banking experience even more relevant to our business needs.”

Talking about how the bank has helped to grow his business Georgeous Kasangaki a Director of Tulsa Investments Ltd a long term stationary supplier who has now ventured into commercial printing recounted, “Even though we were relatively new to the bank, Stanbic was able to support us in in acquiring high tech printing machine worth 28 Billion Shillings. It was amazing how the team was able to put together the financing of this equipment without having to provide additional collateral.’’

Hot this week

Rainy Season Challenges Uganda Tourism

Uganda’s rainy season, while essential for maintaining the country’s...

Wakiso Allocated UGX 350 Billion for Road Construction

The Government of Uganda has allocated more than UGX...

Ruling on Military Court: What It Means for Soldiers and Civilians

On Wednesday, the Supreme Court of Uganda made a...

Museveni Defends Trial of Civilians in Military Court Martial

President Yoweri Kaguta Museveni has firmly defended the trial...

Suruma Urges Government to Use Oil Revenue to Support the Elderly

Former Makerere University Chancellor, Professor Ezra Suruma, has called...

Topics

Rainy Season Challenges Uganda Tourism

Uganda’s rainy season, while essential for maintaining the country’s...

Wakiso Allocated UGX 350 Billion for Road Construction

The Government of Uganda has allocated more than UGX...

Ruling on Military Court: What It Means for Soldiers and Civilians

On Wednesday, the Supreme Court of Uganda made a...

Museveni Defends Trial of Civilians in Military Court Martial

President Yoweri Kaguta Museveni has firmly defended the trial...

Suruma Urges Government to Use Oil Revenue to Support the Elderly

Former Makerere University Chancellor, Professor Ezra Suruma, has called...

FDC Condemns Discrimination in Besigye Rescue Talks

The Forum for Democratic Change (FDC) based in Najjanankumbi...

Uganda Law Council Rejects Martha Karua’s Application to Represent Dr. Besigye

The Uganda Law Council has rejected a foreign lawyer's...

Buganda Kingdom Bans Gravity’s Music

The Uganda National Cultural Center (UNCC)and Buganda Kingdom have...
spot_img

Related Articles

Popular Categories

spot_imgspot_img