Standard Chartered Bank Uganda has launched a new deposit campaign, “Jaguza ne Standard Chartered,” aimed at encouraging a savings culture while rewarding clients for transacting and maintaining deposits.
The three-month campaign, which runs from 1 July to 30 September 2025, gives clients a chance to win shopping vouchers, household appliances, and a grand prize—an all-expenses-paid trip to Dubai for five winners.
Clients earn entries into monthly draws for every UGX 1 million they deposit and maintain in their accounts. Prizes include smart televisions, refrigerators, cookers, microwaves, and washing machines.
The campaign also offers shopping vouchers for clients who make at least 10 payments monthly using their Standard Chartered debit cards, either in-store or online.
Those who maintain UGX 100 million or more in deposits by month-end will be eligible for the grand prize draw.
‘A Reflection of Our Commitment’
Speaking at the launch event at the bank’s head office on Speke Road, Sanjay Rughani, CEO of Standard Chartered Uganda, said:
“We’re celebrating 112 years of growth made possible by our loyal customers. Jaguza ne Standard Chartered is a reflection of our achievements and a renewed commitment to support Ugandans in pursuing their dreams.”
He also addressed recent developments concerning the bank’s operations:
“Despite our recent announcement to exit our Wealth and Retail Business (WRB), I want to assure our clients, partners, regulators and the general public that we remain firmly committed to this market.”
“Uganda is, and will remain, a strategic priority for Standard Chartered, and we will continue to operate in this market as a corporate and investment Bank.”
He added:
“We remain here for good, as our brand promise attests.”
Encouraging a Culture of Saving
Paul Sefa Badu, Head of Wealth and Retail Banking, said the goal of the campaign is to promote financial discipline:
“The goal is to promote a savings culture while rewarding consistent savers with shopping vouchers, home appliances, and for the top 5 savers, a fully paid trip to Dubai.”
He said the campaign was designed to reward loyalty and trust.
“Saving requires planning and unlocks financial security, as it enables someone to look forward to the future without worrying about sudden expenses and to attain their desired financial goals.”
Open to New and Existing Clients
Lydia Nakamya, General Manager for Affluent Banking and Wealth Management, said the campaign is open to all:
“The campaign is open to both existing and new clients. You can open an account today and still participate.”
She also highlighted the bank’s continued investment in digital solutions and client-focused services:
“We continue to invest in digital infrastructure, innovation and client-centric solutions to improve the banking experience and better serve our clients.”
“One of our strategic priorities is to grow the affluent, and for us to do that, we need to grow with our clients’ wealth and allow them to expand their wealth.”
“We believe that with the right focus, extraordinary agility, the right synergies and curated solutions, we are the best bank to protect our clients’ portfolios and grow their wealth.”
The campaign is open to clients with current, savings, and term deposit accounts, in both local and foreign currencies.
Standard Chartered remains one of the leading digital banks in Uganda, despite its planned restructuring.
