Company type | Private |
---|---|
Industry | Financial services |
Founded | August 1, 1912; 112 years ago (1912-08-01) |
Headquarters | 5 Speke Road,Kampala,Uganda |
Key people | Maria Kiwanuka[1] Chairperson Sanjay Rughani CEO[1] |
Products | Loans,checking, savings, investments,debit cards |
Revenue | ![]() |
Total assets | USh3.8 trillion (US$1.072 billion) (2020)[3] |
Number of employees | 600+ (2018)[4] |
Parent | Standard Chartered |
Website | www |
Standard Chartered Uganda, whose official name isStandard Chartered Bank Uganda Limited but is often referred to asStanchart Uganda, is acommercial bank inUganda. It is one of the banks licensed by theBank of Uganda, thecentral bank and national banking regulator.[5]
Stanchart Uganda is a large bank serving large corporate clients, upscale retail customers, and medium to large business enterprises. As of December 2020[update], it was the third largest commercial bank in Uganda by assets, with an asset base of UGX:3.8 trillion (US$1.072 billion), with shareholders' equity of UGX:937 billion (US$264 million),[3] behindStanbic Bank Uganda andCentenary Bank.[6] As of June 2013[update], Stanchart Uganda owned an estimated 16.2 percent of total bank assets in the country.[7]
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 May 2018, Stanchart Uganda had 9 branches and 29automated teller machines and employed over 600 people.[4]
Stanchart Uganda is a wholly owned subsidiary of theStandard Chartered Bank Group, an international financial servicesconglomerate, headquartered in London in the United Kingdom.[3]
As of May 2018[update], the bank had a network of interconnected branches at the following locations, arranged alphabetically:[8][9][10]
As of July 2024, the chairperson of theboard of directors isMaria Kiwanuka, a former minister of finance in Uganda's cabinet. Themanaging director is Sanjay Rughani.[1]
As of July 2024, Stanchart Uganda was contemplating financing (a) the Uganda government's take-over ofUmeme in March 2025 (b) the construction of several high voltage transmission lines and (c) the construction of several "oil roads".[1]