Stanbic Bank donates to mosques for Ramadan


As the holy month of Ramadan comes to an end, one of the core pillars observed is giving to charity or alms-giving. During this time, many families are constrained without food to break their daily fast as required. Many rely on the mosque communities who provide the Iftar meals at the end of the day.

In the same spirit, Stanbic bank Uganda has joined the Muslim community across the country to support them through donations of dry food parcels to vulnerable families.

“We at Stanbic and our counterparts across the globe are honoured and privileged to interact and share with the Muslim community during this holy month,” said Patrick Mweheire, chief executive of Stanbic, at the handover ceremony at Kibuli Mosque today.

Mr Mweheire added:”Through our CSI initiatives, we are committed to transforming lives by addressing the needs of the communities we serve. This is one of the ways we can contribute towards the prosperity of our country by supporting the vulnerable so that they too can see a better tomorrow for themselves and their families.

The Secretary General of the office of supreme Mufti, Sheikh Luwalira Lubowa said: “Ramadhan is a period of great sacrifice, discipline and reflection for all Muslims. Our relationship with Stanbic bank goes a long way back and we are very grateful to Stanbic for their support during this holy month.”

Other mosque communities which will benefit from the Stanbic Ramadan initiative include: Kawempe, Mbarara, Mbale, Iganga, Masaka, Arua and Gulu.

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

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