Standard Chatered Bank Celebrating 100 years

Providing financial services in Uganda for 100 years

As Standard Chartered Bank celebrates 100 years, Lamin Manjang, Stanchart’s managing director shares with Prossy Nandudu the bank’s highs and lows

Standard Chartered Bank opened a branch in Uganda 100 years ago. What have been the bank’s major milestones over the years?
A: Standard Chartered Bank was the first commercial bank in Uganda, as we opened up our first branch in August 1912 and we are now celebrating our anniversary. Over the years, the bank has played a key role in the financial services sector.

During the colonial days, Standard Chartered Bank acted as the central bank for the government before Bank of Uganda was formed in 1966. We have continued to be an active member of the financial services industry in Uganda, and have been an innovative bank over the period.

For example, the first ATM was introduced by Standard Chartered Bank in Uganda, the first Visa connectivity on the ATM that we now take for granted, was introduced by the same bank. Click here to read more...

The history of Stanchart

Standard Chartered Bank, Uganda is a member of the Standard Chartered Group. The bank has been operating in Uganda for 100 years. As Uganda‘s first bank, established in 1912, it currently has a network of 11 branches, 29 ATMs spread across the country. The bank employs over 600 people.

Stanchart’s core businesses in Uganda are in consumer and wholesale banking (origination and client coverage and global markets) products and services.

The bank is committed to the community in Uganda through various community relations programmes, working closely with the Ministry of Health, the Uganda Red Cross, Sight Savers International and Water Aid. Click here to read more...

Stanchart gives back to communities

By Samuel Sanya

His days were dark and the nights were even darker. It was increasingly harder for Joel Ongebo, an animal husbandry officer in Lira, to give the right prescriptions as his left eye started turning blind from cataracts.

When he was younger, the father of seven could see quite clearly with both eyes but the disease had eaten part of his life away.

“I could not see beyond 2 metres. Anybody one metre away from me had to wave for me to see them,” Ongebo says. “When the Standard Chartered doctors came to Lira in mid-May this year, I was diagnosed with cataracts and treated for free. I had no idea what the actual problem was until then.” Click here to read more...

I have worked with Stanchart since 1983

Sam Baagala, technical analyst at Standard Chartered Bank 

I started my 30-year mark after April 19, 2012. I joined Standard Chartered Bank in 1983 after working as a teacher at Mugongo Primary School in Kyengera, current day Wakiso district.

Over the years, my work at the bank has greatly tended towards the information technology side. When computers started to trickle in 1989, I attended an IT course at Uganda House. So when the bank introduced computers, I had knowledge on how they worked.

I had wanted to do a course in computer science, but my supervisor had threatened to sack me, so I opted for the short course. Computers were introduced in two phases, first for the managing director, secretaries and branch managers in the 1988. The rest of the bank staff received them in the 1989. Click here to read more...

Traditions of the bank

WORKING at the Standard Chartered Bank Uganda is the most ful lling experience. Cynthia Mpanga, the communications manager talked to Samuel Sanya about the bank’s favourite traditions. Here are my top traditions at the bank; Counsellors visits I particularly enjoy the visits of the company counsellor.

He follows a schedule that enables him visit all bank branches, where he sits in the boardroom and waits to tend to the concerns of stressed out bankers. He is not employed by the bank, and this helps to ensure that all our troubles are kept confi dential. Click here to read more...