Stanbic Bank upgrades Kitgum branch
The bank aims to boost economic growth in Northern Uganda by expanding financial services.
Stanbic Bank Uganda has unveiled its upgraded branch on Market Street in Kitgum, Uganda, to provide expanded financial services and support economic growth in Northern Uganda. The modernised facility was officially opened by Mark Ocitti Ongom, Chief Executive of Stanbic Uganda Holdings Limited, and Sam Fredrick Mwogeza, Executive Director and Head of Personal and Private Banking.
The upgraded branch will serve individuals, businesses, and entrepreneurs in Kitgum, Lamwo, and Agago districts, featuring two multi-currency ATMs, an Executive Banking suite, and meeting rooms. Ocitti stated the branch demonstrates Stanbic’s confidence in East Acholi’s economic potential and the role local businesses play in job creation.
This investment comes as Stanbic Bank Uganda celebrates 35 years of operations in the country. The bank aims to connect customers to its wider ecosystem, including SBG Securities and the Stanbic Business Incubator, to support farmers, traders, entrepreneurs, and women-led businesses.
Why it mattersThe upgraded Stanbic Bank branch in Kitgum will offer expanded financial services to individuals, businesses, and entrepreneurs in the region.