Standard Chartered Uganda

---

title: "Standard Chartered Uganda" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["banks-of-uganda", "banks-established-in-1912", "companies-based-in-kampala", "standard-chartered", "1912-establishments-in-uganda"] description: "Commercial bank in Uganda" topic_path: "general/banks-of-uganda" source: "https://en.wikipedia.org/wiki/Standard_Chartered_Uganda" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Commercial bank in Uganda ::

::data[format=table title="Infobox company"]

Field	Value
name	Standard Chartered Bank Uganda Limited
type	Private
foundation
location	5 Speke Road, Kampala, Uganda
key_people	Maria Kiwanuka{{cite web
url	https://softpower.ug/standard-chartered-bank-to-finance-oil-roads-and-transmission-lines/
Chairperson
Sanjay Rughani
CEO
num_employees	600+ (2018)
parent	Standard Chartered
assets	USh3.8 trillion (US$1.072 billion) (2020)
revenue	Aftertax: USh72 billion (US$20.3 million) (2020){{cite web
author	The independent
industry	Financial services
products	Loans, checking, savings, investments, debit cards
homepage
::

| name = Standard Chartered Bank Uganda Limited | type = Private | foundation = | location = 5 Speke Road, Kampala, Uganda | key_people = Maria Kiwanuka{{cite web | url=https://softpower.ug/standard-chartered-bank-to-finance-oil-roads-and-transmission-lines/ |title=Standard Chartered Bank To Finance Oil Roads And Transmission Lines |work=SoftPower Uganda |date=26 July 2024 |author=SoftPower |access-date=27 July 2024 | location=Kampala, Uganda}} Chairperson Sanjay Rughani CEO | num_employees = 600+ (2018) | parent = Standard Chartered | assets = USh3.8 trillion (US$1.072 billion) (2020) | revenue = Aftertax: USh72 billion (US$20.3 million) (2020){{cite web| date=11 May 2021| url=https://www.independent.co.ug/standard-chartered-bank-2020-net-profit-down-42/ |title=Standard Chartered Bank 2020 net profit down 42% |newspaper=The Independent (Uganda) | author=The independent |access-date=25 May 2021 | location=Kampala}} | industry = Financial services | products = Loans, checking, savings, investments, debit cards | homepage =

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.

Overview

Stanchart Uganda is a large bank serving large corporate clients, upscale retail customers, and medium to large business enterprises. , 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), behind Stanbic Bank Uganda and Centenary Bank. , Stanchart Uganda owned an estimated 16.2 percent of total bank assets in the country.

History

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 29 automated teller machines and employed over 600 people.

Ownership

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.

Branch network

, the bank had a network of interconnected branches at the following locations, arranged alphabetically:{{cite web |date=3 May 2018 | url=https://www.sc.com/ug/atms-and-branches.html |title=Standard Chartered Bank Uganda: ATMs and Branches | publisher=Standard Chartered Uganda (SCBUG) |access-date=3 May 2018 |author=SCBUG |location=Kampala}}

1. Lugogo Branch: Forest Mall, 2-8 Lugogo Bypass Road, Lugogo, Kampala
2. Acacia Branch: Acacia Shopping Mall, Kololo, Kampala
3. City Branch - 9 William Street, Kampala
4. Jinja Branch - 2-4 Grant Road, Jinja
5. Freedom City Branch - 4010 Kampala-Entebbe Road, Namasuba, Kampala
6. Garden City Branch - Garden City Shopping Mall, 64-84 Yusuf Lule Road, Kampala
7. Speke Road Branch - 5 Speke Road, Kampala Head Office
8. Kikuubo Branch - Kikuubo Lane, Kampala
9. Village Mall Branch - Village Mall, 3 Bandali Rise, Bugoloobi, Kampala

Governance

As of July 2024, the chairperson of the board of directors is Maria Kiwanuka, a former minister of finance in Uganda's cabinet. The managing director is Sanjay Rughani.

Other considerations

As of July 2024, Stanchart Uganda was contemplating financing (a) the Uganda government's take-over of Umeme in March 2025 (b) the construction of several high voltage transmission lines and (c) the construction of several "oil roads".

References

References

1. Stanchart Uganda. (3 May 2018). "Number of Employees In 2018". Standard Chartered Uganda.
2. Salim Kalanzi. (5 May 2021). "Standard Chartered Bank Assets Grow By 21%". Bankers Journal Uganda.
3. BOU. (June 2015). "List of Licensed Commercial Banks As At June 2015". [[Bank of Uganda]] (BOU).
4. Muhereza Kyamutetera. (4 May 2020). "Absa Bank Uganda's Assets Reach UGX3.4 Trillion, Moves From Fifth To Third Largest Bank, By Assets". CEO Magazine Online.
5. Emma Onyango. (19 January 2014). "Mixed bag of banking stars".
6. Rupiny, David. (31 May 2015). "Standard Chartered Bank Closing its Mbale branch". [[Uganda Radio Network]].
7. TUGn. (19 October 2017). "Standard Chartered Bank closes Mbarara and Gulu branches". The Ugandan (TUGn).
8. Oyet Okwera, and Cynthia Aber. (30 June 2014). "Mutebile optimistic about economic growth". [[New Vision]].

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::