• EDITORIAL POLICY
  • ABOUT US
Sunday, April 11, 2021
PML Daily
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines
No Result
View All Result
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines
No Result
View All Result
PML Daily
No Result
View All Result
Home BUSINESS

Stanbic Bank rolls out flexible loan repayment plan for customers

GILBERT KAZIBWE | PML Daily CORRESPONDENT by GILBERT KAZIBWE | PML Daily CORRESPONDENT
November 17, 2020
in BUSINESS
0 0
1k
VIEWS
FacebookWhatsAppTwitter
simbatelecom simbatelecom simbatelecom
Jackson Emanzi, the Head of Lending at Stanbic Bank the Bank (PHOTO/File).

KAMPALA – With Stanbic Bank lending solutions, customers can now enjoy flexible and convenient repayment plans to manage their personal welfare and growth of their businesses.

All customers for example those buying commercial properties and those completing construction of their own commercial properties do not need to worry about paying back their loans since with the Stanbic Bank commercial Property Loans, they can enjoy an extended flexible tenor of 10 years.

According to Jackson Emanzi, the Head of Lending at Stanbic Bank the Bank will offer customers a flexible repayment plan on a number of loans such as Salary Loans, Business Working Capital Solutions, Medium Term loans, Instant Cash Advance, Short Term Overdrafts, Vehicle & Asset Finance, Commercial Property Loans among others to suit their current income and cash flows.

Emanzi says a case in point is the short-term overdraft which are granted to self-employed and salaried customers will be given an extension of up to 12 months to bridge the cash flow gaps in anticipation of their next payment.

“Our corporate customers who had taken a salary loan will be given a flexible loan payment schedule that can be extended up to 72 months with unsecured loans going up to UGX 200 million. Also, we ensure that the monthly payments are less than 50% of your income,” he said.

Emanzi added that; “Also, our business banking clients will enjoy the cheapest and low interest working capital solutions with a flexible repayment plan to help them meet their daily operation costs. Some of the adjusted loans include the Medium-Term Loans that will run up to 60 months to allow businesses that require large sums of money for expansions and investment in purchase of equipment.”

The vehicle and asset financing loan which facilitates the purchase of vehicles and other equipment like generators, industrial plants and equipment are given a tenor of up to five years.

“During these difficult financial times, you don’t have to feel the pressure of paying back your loan. With the Stanbic Bank flexible repayment plan, we understand that you and your business is going through a difficult financial moment and that is why we have adjusted and customized our lending solutions to relieve you from the loan pressure and let you concentrate on re-building

Comments

Tags: Head of Lending at Stanbic Bank the BankJackson Emanzitop

Related Posts

President Museveni and Tanzania's President Samia in Kampala (PHOTO/Courtesy).
NEWS

Uganda, Tanzania sign oil pipeline project agreement

April 11, 2021
35
Charles Twine, the spokesperson of Criminal Investigations Directorate (PHOTO/File)
NEWS

Six policemen, four soldiers arrested over sale of ivory

April 11, 2021
44
Gen Caleb Akandwanaho, alias Salim Saleh speaking to the Bishops on Wednesday (PHOTO/Courtesy).
NEWS

Gen Saleh to ERA: Your irregular black supply killing businesses in Northern Uganda

April 11, 2021
80
Equity Group Holdings has a strong track record of designing products suited to the needs of SMEs as well as emerging corporates (PHOTO/Courtesy).
BUSINESS

Equity Group signs USD100 million loan to support SMEs across Eastern and Central Africa

April 11, 2021
65
Mr Richard Todwong, NRM Deputy Secretary General (PHOTO/Video grab).
World

GLOBALink |CPC is core asset to eliminating poverty in China: Ugandan party official

April 11, 2021
65
Richard Todwong, NRM Deputy Secretary General addressing the press regarding party Primaries (PHOTO/Courtesy).
INTERVIEWS

Interview: Chinese model of engagement with African countries genuine — Ugandan party official

April 11, 2021
57

Advertisement






 

 

About

The PML Daily, published via www.pmldaily.com is a publication of Post Media Ltd, a professional Digital/New Media company in Uganda.

Follow us

KIU

  • EDITORIAL POLICY
  • ABOUT US

© 2021 PMLDAILY.COM.

No Result
View All Result
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines

© 2021 PMLDAILY.COM.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In