Andrew Mashanda

BREAKING: Standard Bank Group Reassigns Francis Karuhanga As Its New Chief Executive for Stanbic Uganda Holdings

by Muhereza KyamuteteraCompany NewsProfilesThe Big StoryDecember 13, 2023December 13, 2023

The Standard Bank Group has named Francis Karuhanga as the new Chief Executive for Stanbic Uganda Holdings (SUHL), the listed entity under which Stanbic Bank, Uganda’s largest bank is operated….

EXCLUSIVE: Andrew Mashanda to leave Stanbic Uganda Holdings Limited Chief Executive Role

by Muhereza KyamuteteraCompany NewsProfilesThe Big StoryNovember 22, 2023November 22, 2023

After three years at the helm of Stanbic Uganda Holdings Limited (SUHL), Andrew Mashanda is set to leave the Chief Executive role, CEO East Africa Magazine can exclusively reveal. He…

SHARED PROSPERITY: A deep-dive into Stanbic’s emphatic 2022 performance  

by Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryApril 5, 2023April 5, 2023

The bank which is the biggest lender with 21% of the market share, in 2020 restructured UGX800 billion of loans, giving room to clients to get back on their feet….

Stanbic Holdings rides on Stanbic Bank to post stellar 2022 performance

by Muhereza KyamuteteraFinanceIndustry & AnalysisThe Big StoryMarch 29, 2023March 29, 2023

Stanbic Holdings Uganda Limited has released its performance for 2022, reporting record-breaking growth across all parameters. SUHL is part of the Standard Bank Group, Africa’s largest Bank and is comprised…

RESILIENCE: Stanbic records UGX. 162b half year net profit

by Nelson NambooleCompany NewsNews & AnalysisAugust 22, 2022August 24, 2022

In spite of an unpredictable operating environment characterized by global price instability and a tightening of monetary policy by Bank of Uganda to curb imported inflationary pressures, Stanbic Uganda Holdings…

RESILIENT: Stanbic Uganda Holdings defies tough times; 2021 profits rise 11% to a record UGX269 billion  

by Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryWomen Fixing UgandaWomen in BusinessWomen In LeadershipMarch 31, 2022March 31, 2022

Stanbic Uganda Holdings Limited (SUHL) has announced it grew its net profits by 11% in 2021 to earn UGX269billion from Ush.242billion in 2020, driven by robust growth in non-interest income…

Stanbic Properties Limited unveils inaugural real estate market report showing 89% occupancy rate

by CEO ReporterCompany NewsIndustry & AnalysisNews & AnalysisFebruary 11, 2022February 11, 2022

A new real estate sector report compiled by Stanbic Properties Uganda Limited (SPL), a subsidiary of Stanbic Uganda Holdings Limited, indicates that average occupancy from surveyed buildings was recorded at…

Stanbic Holdings reports UGX155 bn in H1 2021 net profit, backed by innovative credit expansion to pandemic-hit economy

by Muhereza KyamuteteraCompany NewsFinanceIndustry & AnalysisThe Big StoryAugust 6, 2021August 6, 2021

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…

Doing Good Is Good Business: Stanbic Bank defies a Covid-19 infested 2020 by remaining true to troubled customers

by Muhereza KyamuteteraCompany NewsFinanceMarch 31, 2021March 31, 2021

What are main highlights in Stanbic Bank’s performance in 2020? Stanbic Bank’s performance has been commendable despite a difficult year riddled with challenges brought on by the pandemic. The Bank…

Andrew Mashanda appointed new Chief Executive Stanbic Uganda Holdings Limited

by CEO ReporterCompany NewsNovember 6, 2020November 6, 2020

Stanbic Uganda Holdings has appointed Andrew Mashanda as the new chief executive, replacing Patrick Mweheire who continues to serve the company as a Non- Executive Director. In a notice to…