Stanbic Bank Uganda (SBU) Ltd is one of the 25 licensed commercial banks by Bank of Uganda. The bank is a majority owned subsidiary of Stanbic Africa Holdings Limited, which is in turn owned by Standard Bank Group Limited.
a) High Fleet Fuel and Maintenance costs.
b) High Generator Fuel and Maintenance costs.
c) Loss of some assets in the Asset Financing portfolio.
Benefits realized due to Solution Provided
a) Reports on Fleet Fuel utilization and Maintenance from system are used by management to reduce operational costs.
b) Reports on Generator Fuel utilization and Maintenance from system are used by management to reduce operational costs.
c) Tracking Locations for recovery in case of default of client assets financed by the Bank.