The Standard News (Uganda)
BANKING SECTOR
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538Zombo Money Lenders Ordered to Return Clients’ Confiscated IDs
Zombo’s quick financial money lenders, who have been holding hundreds of national identity cards as collateral for loans, have been directed to...
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505Mumba Kalifungwa Takes the Helm at Stanbic Bank Uganda
Mumba Kenneth Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the country’s largest financial institution by assets,...
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542Six Govt Officials Granted Bail in Shs 60Bn BoU Fraud Case
Kampala, Uganda – The Anti-Corruption Court in Kampala has granted bail to six out of the nine government officials accused of orchestrating...
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1.1KStanbic Bank Fraud Scandal: How $1.8 Million Was Stolen from a Client’s Account
Inside the Multi-Million Dollar Bank Heist In February 2023, a shocking case of financial fraud hit Uganda’s banking sector when a group...
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433Court Orders Standard Chartered Bank to Pay UGX 60 Million for Unlawfully Cancelling Mortgage Facility
The High Court has ruled that Standard Chartered Bank acted unlawfully when it cancelled a mortgage facility it had already granted to...
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477
Top Story! Another Finance Ministry Official Remanded Over Alleged UGX 60 Billion Fraud
The Anti-Corruption Court in Kampala has remanded another Ministry of Finance and Economic Planning official on charges of conspiracy to defraud the...
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Stanbic Bank’s Fraud Epidemic: How Bank Officials Became Enablers of International Scammers
Stanbic Bank Uganda is in turmoil as its officials find themselves at the center of a major international fraud scandal. The Standard...
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145STANBIC PMI: Sustained Growth in Private Sector Output Marks End of 2024
Kampala: The monthly Stanbic Purchasing Managers’ Index (PMI), which provides a measure of prevailing private sector outlook, dropped to 53.1 during December...
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130Stanbic Bank’s Daniel Ogong Wins Marketing Pioneer Award 2024
Daniel Ogong, the Executive Head of Marketing, Communications, and Client Experience at Stanbic Bank Uganda, has been named Marketing Pioneer for 2024...
