Stanbic Bank Uganda Limited

Overview

Stanbic Bank Uganda Limited is a commercial bank licensed by the Bank of Uganda, offering a range of financial services including loans, savings, investments, and mortgages. As of December 2024, the bank's total assets were valued at USh10.4 trillion (US$2.852 billion), and it reported an after-tax profit of USh478 billion (US$131.104 million) for the same year. The bank is a subsidiary of Stanbic Africa Holdings Limited, which is owned by Standard Bank Group Limited, Africa's largest banking group by assets and earnings. Stanbic Bank Uganda Limited is listed on the Uganda Securities Exchange under the symbol SBU. The bank offers a comprehensive suite of banking products and services through its Personal and Business Banking (PBB) and Corporate and Investment Banking (CIB) divisions. These include internet banking, mobile money, SME lending, and debit and credit cards. In June 2022, Stanbic Bank Uganda became the first commercial bank in the country to be awarded the ISO/IEC 27001:2013 Certification by the British Standards Institution, recognizing its compliance with global standards in information security management systems. In May 2024, the bank launched a new card reload feature, allowing customers holding prepaid cards to top up their card balances using the existing FlexiPay service. This innovation reflects the bank's commitment to providing convenient and accessible banking solutions to its customers. Additionally, in January 2024, Stanbic Bank Uganda was recognized as the 'Best Banking Brand, Uganda' for 2023 at the Global Brand Awards, highlighting its excellence in financial performance, customer satisfaction, innovation, and corporate social responsibility.

Investment Focus

• Preferred investment stages: Early Stage, Growth, Late Stage, Pre-IPO, Buyout, Turnaround, Distressed
• Geographical focus: Uganda and other African countries
• Industries of interest: Financial Services, Banking, Insurance, Investment Management, Asset Management, Corporate Finance, Retail Banking, Corporate Banking, Investment Banking, Private Equity, Venture Capital, Real Estate, Infrastructure, Technology, Telecommunications

Portfolio Companies