Stanbic Bank launches bonus shares

By Gerald Businge on December 7, 2011 bank, bonus shares, Capital, Capital Markets Authority, cma, Communications, communications manager, effect, investors, kampala, manager, Moureen, Nakyanzi, requirement, shareholders, Stanbic, stanbic bank, uganda Latest Uganda News

Stanbic Bank Uganda has started issuing bonus shares to some of its investors as the institution seeks to grow its capital base to match well with the Bank of Uganda capital requirement. This has come after the Capital Markets Authority (CMA) cleared Stanbic Bank last month to issue 5,118,866,970 shares to its listed shareholders. The […]