Stanbic Bank contributes Shs225 million to 2016 MTN Kampala marathon

Stanbic Bank Uganda, a key long term partner and supporter of the MTN Kampala Marathon, has made a significant contribution of Shs225 million towards this year’s efforts to improve access to sustainable sanitation for the urban poor especially children in public schools around Kampala.

The contribution was presented by Stanbic Uganda’s Chief Executive, Patrick Mweheire during an official handover ceremony held at the Stanbic Bank Head Office.

Speaking at the occasion, Mweheire said, “We are extremely proud and excited to partner with MTN once again in what has become a world class event attracting fun runners and elite athletes from across the globe. We have consistently supported the MTN Kampala Marathon because it aligns with Stanbic’s Corporate Social Investment (CSI) vision that focuses on promoting better access to education. We hope that our support continues to transform the lives of school children by improving their wellbeing to further their education for a better future.

“Our objective as Stanbic will be to help build on the 13 years of success not only through our financial support but through the participation of our staff where we contribute the largest number of runners from a single company with over 200 staff members who participate annually,” he added.

Thanking Stanbic for their contribution and support over the years MTN CEO Wim Vanhelleputte said, “We appreciate the value of the contribution Stanbic Bank has made in the 13 years, which is why the MTN Marathon is the success that is it today. The proceeds this year will build on our efforts from 2015 and be put towards making improvements to the sanitation environment for the urban poor children in public schools around Kampala. We also intend for some of the proceeds to support construction of bio toilets with water harvesting facilities and environment friendly bio-gas technology that reduces the cost of energy used in preparing meals for pupils so that children across the city.”

The MTN Marathon now in its 13th edition is Uganda’s largest mass participation event attracting more than 20,000 elite and fun runners from across the globe. Last year as a result of the contributions made by the partners and entries from the participants over 500 million shillings was raised and used by KCCA to improve the sanitary conditions in schools in the Greater Kampala area.

About Stanbic Bank Uganda
Stanbic Bank Uganda is a member of the Standard Bank Group, Africa’s largest bank by assets. Standard Bank Group reported total assets of R1,98 trillion (about $128 billion) at 31 December 2015, while its market capitalisation was R184 billion (about $11,8 billion).

The group has direct, on-the-ground representation in 20 African countries. Standard Bank Group has 1,221 branches and 8,815 ATMs in Africa, making it one of the largest banking networks on the continent. It provides global connections backed by deep insights into the countries where it operates.

Stanbic Bank Uganda provides the full spectrum of financial services. Its Corporate & Investment Banking division serves a wide range of requirements for banking, finance, trading, investment, risk management and advisory services. Corporate & Investment Banking delivers this comprehensive range of products and services relating to: investment banking; global markets; and global transactional products and services.

Stanbic Bank Uganda personal & business banking unit offers banking and other financial services to individuals and small-to-medium enterprises. This unit serves the increasing need among Africa’s small business and individual customers for banking products that can meet their shifting expectations and growing wealth.

For further information go to www.stanbicbank.co.ug

Issued by WMC Africa on behalf of Stanbic Bank Uganda.
For more information contact: Yona Namawa, WMC Africa, E Mail: yona@wmcafrica.com Mobile: +256 (0) 78 252 1215