Stanbic Holdings rides on Stanbic Bank to post stellar 2022 performance SHUL reported that profit after tax went up 33% delivering a return on equity of 22%, well above the target of 20% and an improvement from 19% in 2021. Shareholders to receive UGX3.61 per share totalling UGX185 billion.
Andrew Mashanda, Stanbic Holdings Uganda Limited Chief Executive Officer (left) and Anne Juuko, Stanbic Bank Chief Executive
![](https://www.ceo.co.ug/wp-content/plugins/lazy-load/images/1x1.trans.gif)