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In February 2002, Standard Bank acquired 90 percent shareholding in the Uganda Commercial Bank, a government-owned retail banking operation with 65 branches. [15] 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]
The bank's name was changed from Grindlays Bank International (Kenya) Limited to Stanbic Bank Kenya Limited in 1993. [10] At the point of the merger, the bank was 96.31% owned by Standard Bank through Stanbic Africa Holdings Limited (SAHL) and the balance of 3.69% held by the Government of Kenya.
As of December 2012, Stanbic Bank (Uganda) was still Uganda's largest commercial bank with approximately 20 percent of all bank assets and about 18 percent of all bank branches in the country. [19] The stock of Stanbic Bank (Uganda) Limited is traded on the Uganda Securities Exchange (USE) under the symbol SBU.
45.4 Branches of foreign banks. 45.5 Other banks. ... Download QR code; Print/export Download as PDF; ... Stanbic Bank; Standard Chartered Bank; Burkina Faso
I&M Bank (Uganda) Limited, part of I&M Bank Group; Salaam Bank Uganda, part of Salaam African Bank in Djibouti; Stanbic Bank Uganda Limited, part of Standard Bank Group; Standard Chartered Bank Uganda Limited, part of Standard Chartered Group; Tropical Bank Limited part of Libyan Foreign Bank Group; United Bank for Africa Uganda Limited, part ...
First National Bank Zambia Ltd (FNB), part of FirstRand Group; Indo-Zambia Bank Ltd; Stanbic Bank Zambia Ltd, part of Standard Bank Group; Standard Chartered Bank Plc, part of Standard Chartered Group; United Bank for Africa Zambia Ltd (UBA), part of UBA Group; Zambia Industrial Commercial Bank Plc (ZICB) Zambia National Commercial Bank Plc ...
Download QR code; Print/export Download as PDF; Printable version; ... Stanbic IBTC Bank Plc; Standard Chartered Bank Nigeria Ltd, part of Standard Chartered Group;
As of 2008, Stanbic Uganda was the dominant commercial bank in Uganda, with about 27 percent of all bank assets and about 20 percent of all bank branches. [6] Nile Bank Limited, an indigenous institution, was acquired by the British conglomerate Barclays in January 2007 and merged with its existing Ugandan operations to form the Barclays Bank ...