Stanbic Donates Furniture worth Shs18 million to Kalangala School

KALANGALA: Stanbic Bank has extended a helping hand worth UGX18 million to Bishop Dunstan Secondary School in Kalangala District. The donation includes 50 modern classroom desks valued at Ugx 12.5M and 250 reusable sanitary pads worth Ugx 5.5m.

This timely support is part of the Stanbic Corporate Social Investment initiatives aimed at improving the learning environment and promoting menstrual hygiene for the girl students.

Speaking at the handover, Francis Karuhanga, the Stanbic Uganda Holdings Limited (SUHL) Chief Executive, said “During one of the visits, our regional manager saw a gap on the side of furniture, which we have come to solve. Today I’m here to handover 50 modern hardwood classroom Desks and 250 reusable sanitary pads valued at UGX 18 million”.

“We believe that every student deserves access to quality education and dignity. This donation is a testament to our dedication and purpose fused to driving Uganda’s growth,” Karuhanaga added.

The school administration led by the Headmistress Cathy Kawasaka, expressed gratitude for the timely support, citing the challenges faced due to limited resources.

Henry Ssebunya, the deputy Resident District Commissioner (RDC) Kalangala saluted Stanbic for championing education, health and social welfare of the people on the island.  

Recently, Stanbic bank donated an emergency rescue boat to support mothers who face difficulties to access better health care on the mainland. The bank also offered essential maternal healthcare equipment in the district.

Carlos Sserwadda, the Stanbic Bank Western region manager said the bank will continue to carry out corporate social initiatives that align to Stanbic’s Environmental, Social and Governance strategy. 

This focuses on improving access to good education, health, empowering the youth and building the capacity of SMEs to become sustainable businesses.

“Stanbic was the first institution to put up a home here in Kalangala and the journey towards empowering our people through financial literacy and access to affordable financing and free business advisory has never gone back,” he said.

Stanbic Uganda Holding Limited comprises five subsidiaries that include Stanbic Bank, Stanbic Properties Limited, SBG Securities Uganda Limited: – an investment and brokerage firm, Stanbic Business Incubator Limited, an enterprise development centre and FlyHub Uganda Limited a technologies and innovations company.