2020 Half Year financial results: Stanbic Bank assets hit record UGX7.7 trillion

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Uganda’s largest bank by assets and deposits, Stanbic Bank, has posted an incredible 26.5 percent growth in assets from UGX 6.1trillion to UGX 7.7 trillion, Half Year results for year 2020 show. In their first half year, Stanbic’s lending grew by 24.0% to UGX 3.4 trillion from UGX 2.7 trillion in June 2019 while maintaining the Compound annual growth rate (CAGR) of 16.4% which hasn’t chan