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Home»BigEye Money»Local Business»Stanbic Bank Awarded Best Bank in Uganda
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Stanbic Bank Awarded Best Bank in Uganda

BigEyeUg3By BigEyeUg3July 12, 2017
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Stanbic Bank has been recognised as the country’s best financial institution at the 2017 Euromoney Awards, the world’s most recongised accolade in the Global Banking Industry. Accepting the award on behalf of the Bank Cathy Adengo Stanbic Banks Corporate Communications Manager noted that, “We owe this accomplishment to our esteemed customers who we truly thank for making us their bank of choice.”

Commenting on this achievement, Patrick Mweheire, Chief Executive Stanbic Bank Uganda said, “We are extremely proud to have received global recognition as the Best Bank in Uganda. It is an affirmation of our relentless focus on meeting our customer needs both at the retail and institutional segments. With this achievement, I would like to thank our customers for their continued loyalty and look forward to working together to achieve greatness while making real contributions to the Ugandan economy”.

In 2016 Stanbic Bank maintained its position as the largest provider of support to Government of Uganda infrastructure program by providing up to UGX 1 trillion of all off balance sheet guarantees and performance bonds.

Stanbic Bank’s Corporate communications and CSI Manager  Cathy Adengo (2nd right) receives Stanbic Uganda’s award for ‘Best Bank’ in Uganda at the Euro Money Awards together with representatives from Standard Bank Group who also received awards for Best Wealth Management and Best Investment Bank in Africa.
Stanbic Bank’s Corporate communications and CSI Manager Cathy Adengo (2nd right) receives Stanbic Uganda’s award for ‘Best Bank’ in Uganda at the Euro Money Awards together with representatives from Standard Bank Group who also received awards for Best Wealth Management and Best Investment Bank in Africa.

Commenting on this recent award, Dieudonne Kamenge, Managing Director of Artis Uganda Limited a leaf and commodities trading company explained what this meant for their business a Stanbic Client.

“I wish to congratulate the management & staff of Stanbic Bank Uganda for this achievement. We are proud to be part of a winning brand and we hope you keep it up by continuing to come up with more innovative products that make our banking experience even more relevant to our business needs.”

Talking about how the bank has helped to grow his business Georgeous Kasangaki a Director of Tulsa Investments Ltd a long term stationary supplier who has now ventured into commercial printing recounted, “Even though we were relatively new to the bank, Stanbic was able to support us in in acquiring high tech printing machine worth 28 Billion Shillings. It was amazing how the team was able to put together the financing of this equipment without having to provide additional collateral.’’

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