• Contact Us
  • About Us
  • Advertise
  • Donate
  • Login
Watchdog Uganda
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
Watchdog Uganda
No Result
View All Result

Stanbic Bank Extends Unsecured Loan Repayment Tenor from 84 to 120 Months

Watchdog Uganda by Watchdog Uganda
2 months ago
in News
1 0
ShareTweetSendShare

KAMPALA: Stanbic Bank Uganda has unveiled a refreshed SupaDupa Campaign, reaffirming the bank’s commitment to provide customer-centric financial solutions that meet their needs.

Speaking at a news conference in Kampala, Israel Arinaitwe, Head of Personal Banking, described the revamped campaign as a practical step toward for easing borrowing for Ugandans and driving financial inclusion.

The centerpiece of the announcement is an extension of the repayment period for unsecured commercial loans from 84 months to 120 months. The longer tenor translates into lower monthly installments, giving borrowers greater financial breathing room and more predictability in managing their finances.

Arinaitwe said the new loan tenor extends unsecured commercial loans to a maximum of 120 months and is open to both salaried and self-employed borrowers. Customers can access up to UGX 350 million on the same 120-month horizon.

He said the move is part of a strategic commitment to empower targeted segments such as youth, women, and farmers, while also supporting the expansion of financial inclusion across the country.

Arinaitwe said, “The new policy aligns with our purpose: ‘Uganda is our home; we drive her growth.’ This extension gives you more breathing room with easier monthly installment.”

He stressed Stanbic’s responsibility-driven approach to lending and assured customers that repayment plans will be tailored to real-life circumstances. He also highlighted that the initiative is informed by feedback from clients and carries practical benefits for borrowers.

Melissa Nyakwera, Stanbic’s Head of Commercial Banking, said the initiative not only caters for those running businesses and educational institutions but also comes with incentives for those paying school fees through the bank’s digital platforms.

“As we approach this crucial back-to-school period, we recognize that paying school fees can be daunting. We’re offering our clients opportunities to win cash backs of up to UGX 200,000,” Nyakwera said.

She said the cash-back opportunities apply to payments made via Stanbic’s FlexiPay, Agent Banking, and USSD *290# channels, which enable convenient, trackable payments from anywhere, at any time.

Nyakwera encouraged guardians, parents, and school administrators to embrace the Back-to-School Campaign, noting that the bank’s digital solutions are designed with user needs in mind.

She said, “Every payment through these channels is quick, secure, and trackable, with instant confirmation and a clear receipt for records.”

This underscores Stanbic’s commitment to building a more inclusive financial ecosystem where education is accessible, affordable, and stress-free.

Prospective borrowers are invited to visit Stanbic Bank branches or connect with the digital banking team to explore the 120-month unsecured option. Existing customers should speak with their relationship manager to review terms and identify the best path forward.


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
ShareTweetSendShare

Related Posts

News

Youth Activist Angella Namirembe Dies at 27 in Tragic Road Accident

21st October 2025 at 21:35
News

Inspectorate of Government collaborates with Karamoja Anti-Corruption Coalition to strengthen corruption fight

21st October 2025 at 19:56
News

Mukono NUP MP Quits Bobi Wine’s Party After Losing Party Card

21st October 2025 at 19:12
Next Post

  • NAGRC’s Super Goat Breed Poised to Transform Uganda into a Major Exporter

    3205 shares
    Share 1282 Tweet 801
  • Chris Rwakasisi: From Obote’s Security Minister to a Symbol of Forgiveness in Today’s Uganda

    38 shares
    Share 15 Tweet 10
  • 10 dangerous hotspots known for prostitutes in Kampala

    1295 shares
    Share 518 Tweet 324
  • Col. Samson Mande: Why I fled Uganda and how I reconciled with Museveni

    32 shares
    Share 13 Tweet 8
  • Gen. Chefe Ali: The Silent Storm Behind Uganda’s Liberation and Kenzo’s Legacy

    32 shares
    Share 13 Tweet 8
Facebook Twitter

Contact Information

Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

Email: editorial@watchdoguganda.com
To Advertise:Click here

Latest News

Youth Activist Angella Namirembe Dies at 27 in Tragic Road Accident

21st October 2025 at 21:35

Inspectorate of Government collaborates with Karamoja Anti-Corruption Coalition to strengthen corruption fight

21st October 2025 at 19:56

Check out

  • Trending
  • Comments
  • Latest

NAGRC’s Super Goat Breed Poised to Transform Uganda into a Major Exporter

17th September 2025 at 08:52
Minister Muruli Mukasa

LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

24th May 2020 at 10:45
Sudhir Ruparelia is the undisputed king of Kampala

Billionaire Sudhir’s wisdom on how to invest in real estate

0

How a boy’s destiny turned from cotton grower to communications guru

0

Youth Activist Angella Namirembe Dies at 27 in Tragic Road Accident

21st October 2025 at 21:35

Inspectorate of Government collaborates with Karamoja Anti-Corruption Coalition to strengthen corruption fight

21st October 2025 at 19:56

© 2025 Watchdog Uganda

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News

© 2025 Watchdog Uganda