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Stanbic Holdings reports UGX155 bn in H1 2021 net profit, backed by innovative credit expansion to pandemic-hit economy Unlike some financial institutions that continue to react to the pandemic by squeezing back on lending, Stanbic’s performance shows that you can still innovatively lend to pandemic-hit clients and still make money for your shareholders.

by Muhereza Kyamutetera
Stanbic Holdings' Andrew Mashanda and Stanbic Bank's Anne Juuko have both reiterated the bank's unwavering commitment to support businesses amidst the pandemic as well as investing in technology for a seamless user experience.
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Stanbic Uganda Holdings Limited (SUHL), a member of the Standard Bank Group, has today released its H1 2021 results, reporting powerful performance across all business fundamentals, compared to the same period in 2020. According to results released, today, Friday, August 6, 2021, customer deposits increased to UGX5.7 trillion in June 2021 compared to UGX5.2 trillion in June 2020, indicating a 9

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.