Stanbic Bank Uganda pre-tax profit slides

PUBLISHED: Mon, 21 Aug 2017 10:08:06 GMT

Stanbic Bank Uganda, posted an 11 per cent drop in pre-tax profit to $36 million in the first half of 2017 compared to $40 million in the same period last year. The drop was attributed to a lower interest rate environment.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.