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Stanbic’s Net Profit Touches a Record UGX 478Bn: 10 Facts and Figures That Explain This Record Performance

Paul MurungiBanking & Insurance East Africa Industry & Analysis The Big StoryMarch 24, 2025March 25, 2025

Stanbic Uganda Holdings Limited (SUHL) has once again proven its financial strength, posting a record net profit of UGX 478 billion in 2024, up from UGX 411.5 billion in 2023,…

Stanbic Uganda Holdings net profits hit UGX412 billion on the back of innovative lending

Muhereza KyamuteteraIndustry & Analysis News & Analysis The Big StoryMarch 25, 2024March 25, 2024

Stanbic Uganda Holdings Limited (SUHL), a franchise of the Standard Bank Group—Africa’s largest commercial lender by assets, has announced a profit after tax of UGX412 billion for the period ending…

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

Muhereza KyamuteteraCompany News Profiles The 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….

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

Nelson NambooleCompany News News & 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…