INTERVIEW: Patrick Mweheire tells the facts behind Stanbic’s record UGX259bn (USD67.1 mn) in profit. Stanbic Uganda Holdings Limited, have announced their 2019 financial results, declaring a 20% growth in net profit, from UGX215 billion in 2018 to a record UGX259 billion in 2019. This was on the back of a 20% year-on-year growth in revenue to exceed UGX 800 billion. This was on the back of a 14% growth in lending from UGX2.5 trillion to UGX2.8 trillion. In this interview, Patrick Mweheire, the Chief Executive Office for both Stanbic Uganda Holdings and Stanbic Bank Uganda in 2019, in whose reign the bank’s size and profitability grew from UGX3.5 trillion to UGX6.6 trillion and UGX135 billion to UGX259 billion respectively, gives key insights about the 2019 performance.