IT CAN BE: Stanbic’s role in supporting businesses during COVID-19
Muhereza Kyamutetera
Anne Juuko, Stanbic Bank's Uganda Chief Executive has said Stanbic has both the capability and willingness to support the economy, especially SMEs brave the tough Covid-19 storms
You recently cut your prime lending rate to 16 percent, for the second time this year. This is a rather unexpected move, given the probable likelihood of increased Non-Performing Loans and other Covid-19 related risks. What are the insights behind this decision?
Stanbic has consistently re-priced our prime lending rate in response to every CBR movement by the Central Bank over the past 10 years
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