Tag: Stanbic Bank - Uganda
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TerraPay, Stanbic Uganda Partner To Enhance Cross-Border Payments
TerraPay, a leading global payments infrastructure company has announced a new strategic partnership in Uganda, with Stanbic Bank, the country’s leading commercial lender by...
Stanbic Bank PMI Survey Reveals That Marketing Helps To Sustain Private Sector Growth
A new survey conducted by financial experts at Stanbic Bank indicates that successful marketing campaigns by companies have been cited as a factor in the improving performance of Uganda’s private sector, driven by a stronger demand environment, as the monthly headline Stanbic Purchasing Managers Index (PMI) stayed above 50.0 but dipped from 56.4 in June to 53.9 for July.
Stanbic Bank CEO ‘Juuko’ Breaks Silence On Fraud In Financial Sector
In the wake of the recent fraud incident at Stanbic bank that resulted in the misappropriation of $1.8 million from a customer’s business account,...
Big Story! How Over UGX 6.5Bn Was Stolen From Stanbic As Managers Connive With Fraudsters
Uganda Police have arrested nine suspects for reportedly stealing $1.8m (Shs 6.5bn) from Stanbic Bank after compromising the financial institution’s system.
The development underlines the...