SME don’t need collateral to access loans for oil and gas project - Stanbic bank CEO

“We are changing our mindset and we are going instead to contract financing, if you do have a contract, we will finance you as per that contract,” she stated, specifically referring to projects for local content. 

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Anne Juuko the CEO/MD of Stanbic Bank Uganda limited during a panel discussion. Photos by Eddie Ssejjoba
NewVision Reporter
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Anne Juuko, the Managing Director and Chief Executive Officer of Stanbic Bank Uganda Limited has disclosed that banks in Uganda were changing their mindset and moving from demanding collateral to