Stanbic Bank Uganda has unveiled an expanded suite of digital lending, insurance, and commercial financing solutions under its “Oli in Charge” campaign, aimed at improving access to credit, accelerating financial inclusion, and supporting socio-economic growth through digital banking platforms.
Stanbic Bank Uganda has launched an expanded range of digital lending, insurance, and commercial financing solutions under its ongoing Oli in Charge campaign, targeting improved financial inclusion and faster access to banking services across the country.
The initiative is designed to simplify banking transactions, reduce turnaround times for credit access, and strengthen the use of digital platforms in delivering financial services to individuals, families, and businesses.
Speaking about the campaign, Yvonne Namutose, Head of Digital and eCommerce at Stanbic Bank Uganda, said the initiative aligns with the bank’s broader mission of driving national development through accessible financial services.
“The Oli in Charge campaign is about empowering customers to access credit, products and banking services quickly, conveniently and digitally. Customers no longer need to worry about visiting branches, standing in queues or filling lengthy paperwork to access financial solutions,” Namutose said.
She said customers can now access loans through *290#, the Stanbic Mobile App, and Internet Banking platforms, with some services available within minutes due to increased automation and digital infrastructure investment.
Namutose added that one of the major challenges raised by customers in the past was the delay in accessing credit, which the bank has now addressed through streamlined digital systems.
“Today, customers can access loans in under two minutes because we understand the importance of timely financial support,” she said.
Among the key offerings is the Cash Advance facility, which allows eligible customers to access short-term emergency funds instantly through digital channels. The facility is interest-free for up to 30 days.
The bank is also offering unsecured loans of up to Shs350 million for both salaried and non-salaried Personal and Private Banking clients, alongside digitized mortgage, asset financing, and credit card applications.
Stanbic Bank noted that digital adoption among customers continues to rise, driven by increased reliance on mobile and internet banking services for everyday transactions.
Namutose emphasized that cybersecurity remains a key priority as digital services expand.
“As digital adoption grows, cybersecurity remains a top priority for the bank. We continue to invest significantly in technology, cybersecurity infrastructure and skilled professionals dedicated to protecting our customers and systems,” she said.
Beyond lending, the campaign integrates insurance and wealth management products aimed at helping customers protect and grow their financial assets.
Dogo Singh, Insurance Manager at Stanbic Bank Uganda, said the initiative encourages Ugandans to plan for long-term financial security amid rising economic pressures.
“In simple terms, this campaign is about helping people take control of their finances and plan better for the future. As people build wealth, it is equally important to think about protecting it,” Singh said.
He highlighted products such as education savings plans, medical insurance, motor insurance, and investment solutions like InvestorPlus, which allows customers to save over five, six, or seven years while earning interest and securing family benefits in case of death during the policy term.
The bank also offers medical insurance packages in partnership with insurers such as Prudential and Poshnich, with coverage starting from Shs850,000 and extending to tens of millions of shillings in benefits.
Stanbic’s motor insurance products also include flexible monthly payment options for comprehensive cover.
“The journey towards financial security starts today. Whether it is saving, investing, or protecting assets, taking action now is critical,” Singh said.
In the commercial banking segment, Head of Commercial Banking Melissa Nyakwera said the bank has enhanced support for Uganda’s education sector, including 100% financing for school buses under its Commercial Asset Finance solution.
She said the bank is also offering a 30% discount on insurance for financed school buses, alongside simplified digital payment systems for school fees through platforms such as School Pay, FlexiPay, and agent banking networks.
“As parents prepare for the new school term, we continue to provide convenient digital payment solutions that allow them to pay school fees anytime and from anywhere,” Nyakwera said.
Stanbic Bank said the Oli in Charge campaign is ultimately aimed at deepening financial inclusion by making credit, insurance, and digital financial services more accessible and efficient for Ugandans.