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Stanbic Bank boosts unsecured SACCO loans to from sh200m to sh4 billion

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Francis Karuhanga, the Stanbic Uganda Holdings Limited making remarks during the Forum Kampala – Stanbic Bank Uganda has announced an increase in its unsecured loan offering to Savings and Credit Cooperative Organizations (SACCOs) from sh200 million to sh4 billion, attained at an interest rate of only 10%. This bold step was unveiled during the bank’s SACCOs Forum, recently hosted at Onomo Hotel in Kampala. Francis Karuhanga, the Chief Executive…
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