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Corporate earnings and results
Standard Chartered reports strongest profits since 2016
Standard Chartered Bank Uganda's net revenue for 2019 grew at its fastest in three years as interest income rebounded, driven by interest from loans and advances, and from investment securities
May 24, 2020
Digital Economy
Bank of Uganda governor warns on digital banking risks
BoU governor says that while digital banking innovations accrue benefits to financial institutions and customers, they also present associated risks that if not managed well could outweigh the benefits
February 3, 2019
Companies
Corporate earnings and results
Standard Chartered says restructuring is paying off as costs, and income, decline in 2017
Standard Chartered's financials for 2017 show a narrowing in profitability and revenue, following strong growths in 2016. But, in keeping with a statement released by its chief executive affirming the success of its restructuring plan, total expenses fell for the second straight year
April 27, 2018
Digital Economy
Economy
Politics & Policy
High lending costs to informal sector keeping credit costs up – Kasekende
Standard Chartered's socio-economic impact report estimates that its lending supported value-added of 3.5% of GDP and almost half a million jobs in 2016
March 21, 2018
Companies
Corporate earnings and results
Standard Chartered profits quadruple in 2016
Standard Chartered Bank reported profitability bouncing back in 2016 compared with 2015, as a big fall in loan loss provisions brought down total expenses.
April 7, 2017
Companies
Movers & Shakers
Standard Chartered names new CEO as Kasekende moves to Zambia
Standard Chartered Bank has a new chief executive officer, who is replacing Herman Kasekende, who is moving to the bank's subsidiary in Zambia. Albert Saltson - Mr Kasekende's successor - has been the chief executive of Standard Chartered in Gambia
February 21, 2017