Stanbic Uganda Holdings Delivers Robust Half-Year 2025 Performance, Posts UShs 278 Billion Profit

Stanbic Uganda Holdings Limited (SUHL) has announced a strong set of half-year results for the period ended June 30, 2025, highlighting resilience, innovation, and a sustained commitment to driving Uganda’s growth. The Group reported a Profit After Tax of UShs 278 billion, reflecting an 18% increase from the same period last year. Return on Equity stood at 26.9%, surpassing its 20% target, while the cost-to-income ratio was maintained below 50%. Credit losses remained tightly controlled at just 0.2%, underscoring robust risk management practices.

SUHL also demonstrated its commitment to Uganda’s fiscal sustainability, paying UShs 273 billion in taxes during the first half of the year—a 37% rise compared to 2024. In addition, the bank facilitated UShs 5.8 trillion in tax remittances on behalf of the Uganda Revenue Authority (URA).

Business Segment Growth

• Stanbic Bank Uganda, the anchor subsidiary, recorded broad-based growth across Corporate & Investment Banking, Business & Commercial Banking, and Private & Personal Banking.
• SBG Securities emerged as a standout performer with Assets Under Management rising to UShs 216 billion, up 327% year-on-year, while the Stanbic Unit Trust client base grew by 320%.
• SME financing surged, with UShs 288 billion injected into local businesses, expanding the SME loan book to UShs 969 billion.

Commitment to Inclusive Growth

Through the WYF Growth Agenda, SUHL aims to invest UShs 1 trillion by 2028 to empower women, youth, and farmers. In the first half of 2025 alone:

• 4,000 women-led businesses accessed loans worth UShs 40 billion, an 8.6% increase year-on-year
• UShs 398 billion was lent to the agricultural sector, including UShs 65 billion to farmer SACCOs, directly benefiting 405,000 members and over 2.5 million Ugandans.
• Local vendors received tenders worth UShs 127 billion, boosting domestic supply chains.

Stanbic Bank Uganda has reaffirmed its commitment to driving social and economic transformation through strategic investments in education, health, and environmental conservation. In the education sector, the bank empowered over 60,000 students from 150 schools across the country by facilitating their participation in the 2025 National Schools Entrepreneurship Championship, a program aimed at nurturing innovation, creativity, and financial literacy among young learners.

In healthcare, Stanbic supported eight health centres by providing medical kits and essential equipment worth UShs 200 million, strengthening access to better healthcare services in local communities. Additionally, as part of its environmental sustainability efforts, the bank spearheaded impactful initiatives such as planting trees, distributing 25,000 fruit seedlings to promote food security, and contributing UShs 30 million to the ROOTS campaign, further demonstrating its dedication to protecting the environment while empowering communities.

Looking Ahead

Francis Karuhanga, CEO of SUHL, said:

Our strong financial results are important, but what truly defines us is the impact we create for Ugandans. As we pursue the WYF Growth Agenda and expand our innovation-driven business model, we remain committed to building a resilient and inclusive economy.

The Board of Directors has proposed an interim dividend of UShs 140 billion (UShs 2.73 per share), subject to regulatory approval. With GDP growth at 6.5% and business activity on the rise, SUHL is confident of meeting its 2025 financial targets while continuing to play a transformative role in Uganda’s economic and social development.