econ
Uganda
Stanbic Bank Uganda

Stanbic Bank Uganda

BankingNo. 1 in UgandaUganda
Founded
1906
Headquarters
Kampala, Uganda
Ticker
n/a
Sector
Banking

Stock performance

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History

Stanbic Bank Uganda traces its roots to the colonial era and grew, following its acquisition by South Africa's Standard Bank Group, into the largest bank in Uganda, later listing a minority stake on the Uganda Securities Exchange as one of the exchange's most significant listed companies.

Business model

Stanbic Bank Uganda provides retail, corporate, and trade-finance banking services across Uganda, operating as the Ugandan subsidiary of South Africa's Standard Bank Group with the country's largest banking network.

Market position

Stanbic Bank Uganda is the largest bank in Uganda by assets, holding a leading position in a banking sector that includes numerous other domestic and pan-African banks.

Country impact

Stanbic Bank Uganda is the largest financial institution in Uganda and one of the largest companies listed on the Uganda Securities Exchange, playing a significant role in financing Ugandan business activity including the country's developing oil sector.