Private | |
Industry | Financial services |
Founded | 1912 |
Headquarters | 5 Speke Road, Kampala, Uganda |
Key people
|
Robin Kibuuka chairman Herman Kasekende managing director |
Products | Loans, checking, savings, investments, debit cards |
Revenue | Aftertax: UGX:28 billion (2015) |
Total assets | UGX:2.68 trillion (2015) |
Number of employees
|
568 (2014) |
Website | www |
Standard Chartered Uganda, whose official name is Standard Chartered Bank Uganda Limited but is often referred to as Stanchart Uganda, is a commercial bank in Uganda. It is one of the banks licensed by the Bank of Uganda, the central bank and national banking regulator.
Stanchart Uganda is a large bank serving large corporate clients, upscale retail customers, and medium to large business enterprises. As of December 2015[update], it was the second largest commercial bank in Uganda by assets, with an estimated asset base of UGX:2.68 trillion, behind Stanbic Bank. As of December 2012[update], shareholders' equity stood at UGX:372 billion. As of June 2013[update], Stanchart Uganda owned an estimated 16.2 percent of total bank assets in the country.
Founded in August 1912, Stanchart Uganda is the oldest commercial bank in the country and has maintained a continuous banking presence in the country since its founding.
In 1998, Stanchart Uganda acquired four branches of the former Uganda Cooperative Bank. As of November 2013, Stanchart Uganda had 13 branches and 32 automated teller machines and employed over 600 people.
Stanchart Uganda is a wholly owned subsidiary of the Standard Chartered Bank Group, an international financial services conglomerate, headquartered in London in the United Kingdom.
As of June 2014[update], the bank had a network of interconnected branches at the following locations, arranged alphabetically: