Stanbic Bank Uganda has committed Shs 1 billion into Corporate Social Responsibility (CSR) activities, integrating this major community investment into its ongoing 35th-anniversary celebrations across Northern Uganda. The bank hosted strategic customer engagement forums in Lira, Arua, and Gulu to gather feedback, reinforce corporate relationships, and deploy these dedicated community development resources.
The regional engagements brought together leaders from Stanbic Bank’s commercial, business, and personal banking segments as part of its annual October “Love Month.” This year, the initiative centers on a combined focus of listening to customers and channeling the Shs 1 billion corporate social investment budget into highly targeted community initiatives focused on social wellbeing, education, and positive impact nationwide.
Mark Ocitti Ongom stated that the bank’s 35-year journey in Uganda has been defined by partnerships with individual and business clients who drive economic growth. He noted that these forums provide a clear path to align product improvements with the concrete financial needs of entrepreneurs and self-employed individuals.
Executive Director Sam Fredrick Mwogeza emphasized that driving Uganda’s growth is a collaborative effort built on close client partnerships. To anchor this growth, Samuel Bulenzi, Head of Client Coverage, outlined an ambitious modernization and service upgrade program across the Northern Corridor.
Customers in the region can now access comprehensive channels beyond traditional branches:
The combination of service upgrades and the Shs 1 billion CSR commitment drew strong praise from local stakeholders. Patrick Ogwal, a prominent entrepreneur in Lira, commended Stanbic for creating continuous innovation frameworks that support businesses through varying growth cycles.
In West Nile, Arua City Mayor Alionzi Lawrence Dangote formally welcomed the executive team and opened his office for deeper public-private alignment. He noted that structured collaboration between local government, financial institutions, and the private sector is crucial for scaling entrepreneurship, expanding regional jobs, and driving the economic development of the greater West Nile region.
The Northern region forums are part of a wider, month-long national dialogue planned by Stanbic Bank Uganda to roll out service enhancements while actively distributing its Shs 1 billion community investment funds before the end of October.
As it marks 35 years of operation,Stanbic Bank Uganda commands an undisputed position as Uganda’s largest commercial bank with asset base of 11.5trillion. Serving as the financial anchor of the country, the bank controls a massive share of the industry’s total financial holdings and provides institutional stability to the broader economy
Standard Bank acquired a 90% majority stake in the historic Uganda Commercial Bank (UCB). This pivotal milestone overnight transformed Stanbic into a national financial engine with a mandate to push for aggressive, countrywide financial inclusion.
The bank contributes heavily to national development, paying Shs 273 Billion in direct government taxes in the first half of 2025 alone and processing trillions in Uganda Revenue Authority (URA) collections via its channels.
Stanbic has committed to mobilizing Shs 1 Trillion by 2028 specifically earmarked for smallholder farmers, youth-led enterprises, and women-owned businesses.
Through the specialized Stnabic Business Incubator the bank has formally upskilled and trained over 5,000 local Small and Medium Enterprises (SMEs) to help them access commercial credit and build long-term business resilience.
