Mary Hill High School from Western Uganda emerged victorious in the Stanbic Bank National Schools championships, following highly competitive finals held in Kampala featuring the other three regional competitors; Kibuli SS from Central region, Sacred Heart Girls school from Northern region and Teso College Aloet from Eastern region.
The team from Mary Hill High School presented a detailed bank simulation project, which looked at how financial institutions can positively transform the societies where they operate. As the overall winners, Mary Hill High school won the Grand Prize of an all-expenses paid trip to South Africa and their school also won an amazing UGX 20 Million fully installed Solar system for classroom blocks.
Congratulating Mary Hill High School at the prize giving ceremony, Stanbic Board Chairman Japheth Katto said: “The team from Western Uganda has been outstanding throughout the competition. They beat 9 schools to win in their region and have carried this form into the finals culminating in their victory. They are truly worthy winners and representative of exactly what we were looking for when we started this competition which necessitated teamwork, commitment, and a sound knowledge of how financial institutions can make a difference in everyday lives.”
The Guest of Honour, the Director Education KCCA, Juliet Namuddu, praised Stanbic Bank for the initiative. She said: “KCCA appreciates what Stanbic Bank has achieved through this competition because financial literacy is a very important subject yet it is not extensively taught in most schools.”
She pledged KCCA would continue supporting Stanbic on this and other educational projects which give students the practical life skills necessary to succeed in real life.
The 2017 edition of the National Schools Championship was launched in February by Stanbic Bank in partnership with the Ministry of Education. Over 3,000 students from 40 secondary schools participated in a series of increasingly difficult educational challenges including class debates, regional quiz competitions and finally the Bank simulation project.
Kibuli SS emerged as the 1st Runner up and walked away with an Apple iPads each and a water system for the school worth UGX10 million. The second runner-up Sacred Heart High School, each received a savings account with UGX 1 million and a book titled ‘7 Habits of Highly Effective Teenagers’.
Cathy Adengo, Stanbic Bank’s Head of CSR and Communications said; “This has been a fantastic competition and the entire programme has shown us the brilliant minds we have across the country. Stanbic Bank believes that investing in education is a critical vehicle to fostering development in the country.
“We believe that healthy competition and innovativeness among students is a step forward to creating active minds which yield solutions that would steer not only improved academic performance, but also definite solutions to moving Uganda economically forward.”
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 USD128 billion) at 31 December 2015, while its market capitalisation was R184 billion (about USD11,8 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