Stanbic targets wider access to affordable financing with ‘Oli In Charge’ campaign

January 30, 2026 in Business, Companies, Finance, Financial Services by Editor

Stanbic Bank has launched the ‘Oli In Charge’ campaign in a bid to accelerate uptake of affordable financing across Uganda, offering digitally accessible loans, tailored business funding and insurance-backed solutions for individuals, farmers and enterprises.

As households and businesses navigate rising costs and renewed back-to-school spending, prime lender Stanbic Uganda has launched the ‘Oli In Charge’ campaign, a nationwide initiative aimed at expanding access to affordable financing for both salaried and self-employed Ugandans.

The campaign targets individuals, entrepreneurs and institutions across multiple sectors, offering unsecured loans, digital access to credit, and insurance-backed financial solutions designed to support personal growth, business expansion and long-term wealth creation.

Israel Arinaitwe, Head of Personal Banking at Stanbic Bank, said the campaign reflects the lender’s commitment to supporting everyday financial needs while driving inclusive economic growth.

“Whether you are a young professional, a woman running a small business, a farmer scaling production or a family planning for generational wealth, this campaign is for you,” Arinaitwe said. “We believe every Ugandan has the potential to grow, and we are committed to walking that journey with you.”

As part of the initiative, salaried customers can access unsecured loans of up to UGX 350 million, with flexible repayment periods of up to 120 months. The loans are available through Stanbic’s digital platforms, including the Stanbic App and *290# USSD, with approval times of under two minutes and discounted interest rates of 17 percent for personal loans. Customers may also access interest-free cash advances of up to UGX 5 million.

Self-employed customers, particularly those in agriculture, are also a key focus of the campaign. Stanbic is offering unsecured loans of up to UGX 250 million at interest rates starting from 10 percent per annum, supporting sectors such as coffee, cocoa, palm oil and sugarcane.

“The focus on farmers demonstrates our commitment to supporting Uganda’s economic backbone and advancing financial inclusion in priority value chains,” Arinaitwe said.

On the commercial side, Stanbic Bank has partnered with Fincom Technologies, the developers of SchoolPay, to extend tailored financing to private educational institutions. Through the platform, schools can access pre-approved, cash-flow-aligned financing of up to UGX 1 billion without visiting a bank branch.

Melisa Nyakwera, Head of Commercial Banking, said the partnership modernises education finance at a critical time.

“By leveraging technology, we are improving access to affordable financing while strengthening institutions that shape Uganda’s future,” Nyakwera said. She added that businesses across sectors can also apply for invoice and contract financing of up to USD 1.5 million.

Beyond lending, the ‘Oli In Charge’ campaign integrates insurance solutions designed to protect customers as they grow. Laban Mutebi, Stanbic Bank’s Personal Insurance Manager, said customers taking out home loans automatically receive Mortgage Life Protection, covering outstanding balances in the event of death, critical illness or permanent disability.

Stanbic is also promoting its Homeowners Comprehensive Insurance, which protects property against fire and allied risks, while customers opening an Investa Plus account stand a chance to receive an instant UGX 50,000 deposit toward a child’s education plan.

Sam Bulenzi, Head of Coverage at Stanbic Bank, encouraged Ugandans to leverage the bank’s digital platforms, noting continued investment in infrastructure and innovation.

“Our initiatives are designed to support individuals and businesses—especially women, youth and farmers—who have historically faced barriers to affordable financing,” Bulenzi said. “Growth should be protected, not just financed.”

The ‘Oli In Charge’ campaign will run throughout the back-to-school season and beyond, positioning Stanbic Bank as a key partner for Ugandans seeking to take control of their financial futures through accessible credit, long-term investments and insurance-backed security.