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    SBU   UG0000000386

STANBIC UGANDA HOLDINGS LIMITED

(SBU)
  Report
End-of-day quote. End-of-day quote UGANDA SECURITIES EXCHANGE - 01/19
26 UGX   0.00%
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Stanbic Bank Announces New Loan Offers At Special Interest Rate

11/02/2021 | 05:06am EST

As 2021 gets to the end, Stanbic Bank Uganda has unveiled what it terms as 'exciting offers' on unsecured personal loans effectively activating the festive mood among customers.

In a Nov.01 media statement, Uganda's largest bank by assets, said, the promotional offer runs until end of the year.

With interest rates on offers starting from as low as 16% (subject to terms and conditions), customers are being given long repayment-periods of up to 72 months for unsecured advances to salary earners, 10 years for land financing and up to twenty years for home purchase.

"After a tough year that saw many Ugandans spend their savings as they stayed home due to Covid19, our offer is to really facilitate our customers to celebrate life as they prepare for opportunities in the coming year," said Sam Mwogeza, Head Consumer and High Net worth at Stanbic Bank.

The bank's rich festive menu offers exciting asset financing deals that can be quickly applied for and granted within minutes, at hugely discounted rates through the bank's digital and mobile banking platforms as well as branches across the country.

Offers include land, home improvement or purchase, vehicle and other assets' financing deals that are available to both current customers with a loan and those without.

For non-customers, a quick self-registration online process is available to get them a fully functional bank account with Stanbic Bank after which they gradually become eligible.

Economic experts say, subsidized financial services of this nature are key to accelerating economic recovery that has slowed during the COVID-19 pandemic era.

Copyright The Independent. Distributed by AllAfrica Global Media (allAfrica.com)., source News Service English

Stocks mentioned in the article
ChangeLast1st jan.
STANBIC UGANDA HOLDINGS LIMITED 0.00% 26 End-of-day quote.0.00%
STANDARD BANK GROUP LIMITED -0.73% 145.08 End-of-day quote.3.62%
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Financials
Sales 2021 924 B 0,26 B 0,26 B
Net income 2021 - - -
Net Debt 2021 - - -
P/E ratio 2021 -
Yield 2021 9,88%
Capitalization 1 331 B 378 M 378 M
Capi. / Sales 2021 1,44x
Capi. / Sales 2022 1,26x
Nbr of Employees 1 532
Free-Float 100,0%
Chart STANBIC UGANDA HOLDINGS LIMITED
Duration : Period :
Stanbic Uganda Holdings Limited Technical Analysis Chart | SBU | UG0000000386 | MarketScreener
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 26,00 UGX
Average target price 42,50 UGX
Spread / Average Target 63,5%
Managers and Directors
Andrew Mashanda Chief Executive Officer & Executive Director
Samuel Fredrick Mwogeza Chief Financial Officer
Japheth Katto Non-Executive Chairman
Patricia Nshemereirwe Head-Operations
Patrick J. Mangheni Independent Non-Executive Director