Company: Stanbic Uganda
Country: Uganda
Sector: Regional Banks
CEO: Kenneth Mumba Kalifungwa
Website: www.stanbic.co.ug
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Kampala, Uganda
Founded: 1906
Valuation/Revenue: $643.4m market value (African Business Top 250, 2025); total assets of USh 10.4 trillion (approx. $2.85bn) in 2024 (Wikipedia, sourced to company disclosure)
Stanbic Bank Uganda is the largest commercial bank in Uganda by assets, offering retail, corporate and investment banking services through around 81 branches and additional customer service points across the country’s four regions. It is majority-owned by South Africa’s Standard Bank Group, one of Africa’s largest banking groups, and has been listed on the Uganda Securities Exchange since a 2005 public listing.
What Does Stanbic Uganda Do?
Stanbic Uganda provides a comprehensive range of banking services, including retail and business banking, corporate and investment banking, treasury services, and trade finance, to individuals, SMEs, corporates and government clients across Uganda. As the country’s largest bank by assets, it plays a central role in Uganda’s financial system and in financing major infrastructure and agricultural sector activity.
Is Stanbic Uganda Legit?
Yes. Stanbic Uganda traces its roots to 1906, when it was established as a branch of the National Bank of India, giving it well over a century of operating history in the country. It is majority-owned by Standard Bank Group, Africa’s largest bank by assets, and has been publicly listed on the Uganda Securities Exchange since 2005, subjecting it to ongoing public financial disclosure.
Who Is the CEO of Stanbic Uganda?
Kenneth Mumba Kalifungwa serves as Chief Executive of Stanbic Bank Uganda.
Who Owns Stanbic Uganda?
Standard Bank Group Limited owns Stanbic Uganda through its holding vehicle, Stanbic Africa Holdings Limited, holding roughly 80% of the bank as of past disclosures, following the bank’s 2005 public listing on the Uganda Securities Exchange, which introduced minority public shareholders.
How Big Is Stanbic Uganda?
African Business’s Top 250 Companies in Africa (2025) ranked Stanbic Uganda at position 246 with a market value of approximately $643.4 million. In 2024, the bank reported total assets of USh 10.4 trillion (about $2.85 billion) and after-tax profit of USh 478 billion (about $131 million), reaffirming its position as Uganda’s largest bank by assets.
Is Stanbic Uganda Publicly Traded?
Yes, Stanbic Bank Uganda is listed on the Uganda Securities Exchange under the ticker SBU, with Standard Bank Group as majority shareholder and a minority free float held by other investors.
Where Is Stanbic Uganda Headquartered?
Stanbic Uganda is headquartered in Kampala, Uganda’s capital and largest city, with its extensive branch network reaching all four of the country’s regions.
How Does Stanbic Uganda Compare to Its Competitors?
Stanbic Uganda competes with Uganda’s other major banks, including Centenary Bank, Absa Bank Uganda, and DFCU Bank, but has consistently ranked as the largest by total assets, giving it a leading position in corporate and government banking relationships.
What Has Stanbic Uganda Been in the News For Recently?
Stanbic Uganda’s continued position as Uganda’s largest bank by assets, along with its 2024 financial results showing solid after-tax profit growth, has featured in recent Ugandan banking sector coverage. Further specific recent news (leadership changes, major transactions) could not be independently verified in this research pass.
Links
Website: www.stanbic.co.ug
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Is Stanbic Uganda legit? Yes, it is Uganda’s largest bank by assets, majority-owned by Standard Bank Group and listed on the Uganda Securities Exchange.
Who is the CEO of Stanbic Uganda? Kenneth Mumba Kalifungwa is the Chief Executive.
Who owns Stanbic Uganda? Standard Bank Group Limited, via Stanbic Africa Holdings Limited, holds roughly 80%.
How old is Stanbic Uganda? It traces its roots to 1906.
How big is Stanbic Uganda? It had a market value of about $643.4 million as of the African Business Top 250 (2025) rankings, with total assets of USh 10.4 trillion in 2024.
Is Stanbic Uganda publicly traded? Yes, on the Uganda Securities Exchange, ticker SBU.