For the sixth consecutive year Stanbic Bank Uganda has won the best 'Primary Dealer Award' beating off stiff competition from six other commercial banks. The accolade is given on an annual basis to the financial institution that has excelled in executing its primary dealer mandate and is the culmination of...
United Bank of Africa Group, (UBA) is going above and beyond the legacy banking systems to omni channel marketing and social media lead generation, meeting its customers where they are – on websites, email, social networks, and cross-device platforms. UBA Group is taking advantage of AI-powered systems that even the...
Standard Chartered Bank and MTN Uganda Limited on Thursday signed an agreement to allow MTN Mobile Money collections for Corporate and Business clients directly into their Standard Chartered Bank accounts on a real time basis. This solution dubbed Straight2Bank Wallet Collections will be delivered through the Bank’s Straight2Bank electronic...
Stanbic Bank Uganda, a partner and supporter of the MTN Kampala Marathon, has contributed UGX 225 million towards this year’s activity. The money will be used to combat the exposure of school going children to cancer caused by asbestos roofing in Kampala and improving maternal health services at Kiswa and...
A recent study by Digital Impact Awards Africa (DIAA) has revealed that at least 5,000,000 regular users of mobile financial services in Uganda during a 3 months period spent 7,113,356 man hours (296,390 man days) to clear simple financial transactions and saved 57,989,660 productive hours (An average of 19,329,887 million hours a...
Equity Bank Uganda Limited has launched its range of digital banking solutions into the market in a bid to enhance the banking experience of customers as well as enable them to have more convenience and control of their banking. The suite of digital solutions dubbed ‘Eazzy Banking’ promises to...
Global bitcoin remittance firm Bitwala, earlier last week introduced Bitcoin to M-Pesa transfers in Kenya, Nigeria, Tanzania and Uganda for free of charge in a move the firm says will make money transfers to any part of the world should be simple and convenient. "At Bitwala, we believe that BTC money...
Centenary Bank and Mastercard have today announced a multipronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. Following the recent signing of a strategic partnership agreement focused on boosting financial inclusion in the East African market, the two companies will further strengthen their partnership by signing a...
Making all of your purchases with a debit card is a good way to avoid spending more money than you have and racking up debt. But it's not always the smartest way to pay. In fact, using a debit card at some places or in some instances can be...
Stanbic Bank shareholders approved a 60 billion shilling payout as dividends at their Annual General Meeting held on Wednesday, 10th May 2017 in Kampala. It represents a 50% increment from the 40 billion UGX paid in 2015 and is equivalent to 1.17 billion UGX dividend per share up from 0.78...