Stanbic Bank has been recognized as Uganda’s best financial institution at the 2017 Euromoney Awards, the world’s most recognized accolade in the Global Banking Industry.
While receiving the award on behalf of the Bank, Cathy Adengo Stanbic Bank’s Corporate Communications Manager said: “We owe this accomplishment to our esteemed customers who we truly thank for making us their bank of choice.”
Patrick Mweheire, the chief executive of Stanbic Bank Uganda, described the award as an affirmation of the bank’s relentless focus on meeting its customer needs both at the retail and institutional segments.
“We are extremely proud to have received global recognition as the Best Bank in Uganda. 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,” Mweheire said.
In 2016, Stanbic Bank maintained its position as the largest provider of support to Government of Uganda infrastructure program by providing up to Shs1,000bn of all off balance sheet guarantees and performance bonds.
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 and 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 Shs28bn. It was amazing how the team was able to put together the financing of this equipment without having to provide additional collateral.’’