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@allafrica Wed, 08 Jul 2026 05:34:06

Stanbic Bets On Cheap Credit to Unlock Saccos Potential

[Independent (Kampala)] Kampala -- Stanbic Bank Uganda has cut its lending rate to 10% per annum for agriculture-based savings and credit cooperative organisations (SACCOs), in a move that underscores rising competition among lenders targeting Uganda's rural financial ecosystem.

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