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Stanbic Bank has been named the Best Bank in Uganda in the 2016 Euromoney Excellence Awards
Following last month’s announcement of a further reduction in the Central Bank Rate CBR by 100 basis points (1%) by the Bank of Uganda Governor Tumusiime Mutebile, Stanbic Bank, Uganda’s leading financial services institution has announced it will match the movement by reducing its prime lending rate from 23% to 22% effective the 1st of October 2016.
“The bank achieved solid results in the first six months, building on the resilient performance we registered in 2015,” said Mr. Patrick Mweheire the Chief Executive of Stanbic Bank.
Global Finance Magazine