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Stanbic Bank (Uganda) Limited is licensed as a merchant banker, stockbroker, and financial adviser by the Capital Markets Authority, which licensed the USE in 1997. [ 11 ] [ 13 ] In 2017 the bank was awarded a bancassurance licence from the Insurance Regulatory Authority , authorizing Stanbic Bank to sell insurance products to its customers and ...
Before that, from 1 March 2020 until 31 March 2024, she was the managing director and chief executive officer of Stanbic Bank Uganda Limited, the largest commercial bank in the country, by assets, valued at US$1.6 billion as of June 2019. [2] She took up this appointment on 1 March 2020. [3]
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. [1] Before that, from January 2015, until February 2020, he served as the managing director and CEO of Stanbic Bank Uganda Limited.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Stanbic Bank Uganda Limited and other ratings that are associated with the same analytical unit. The review ...
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 .
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]
The combined bank is now known as Stanbic Bank Uganda Limited. [5] 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]
Arapta was employed at Stanbic Bank Uganda Limited for a period of nearly five years. She started there as the Head Corporate Banking before becoming the Head of Investment Banking. She transferred to Barclays Bank of Uganda in January 2014 as the Director of Corporate and Investment Banking, serving in that capacity for one year and six months ...