Stanbic Bank Uganda announced a major expansion of its unsecured loan portfolio, rolling out a refreshed “Oli in Charge” advertising campaign aimed at both household consumers and small‑to‑medium enterprises. The new initiative highlights flexible repayment terms, instant digital approvals, and lower interest rates for borrowers with solid credit histories. Bank officials say the move is designed to capture a growing demand for quick financing amid rising living costs and entrepreneurial activity. Early feedback from pilot customers in Kampala and Mbale indicates strong uptake, with the bank reporting a 23 % increase in loan applications within the first two weeks of the campaign launch.
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