"Stanbic Bank is delighted to have played a lead role in arranging this facility. We believe this has proven that Ugandan banks have the capacity to co-ordinate and deliver debt solutions that enable large corporates to realize their ambitions," he added. In 2009 MTN secured a $100 million facility that was arranged by Absa Capital, the investment banking division of Absa Bank Limited as sole Global-Coordinator, together with Barclays Bank of Uganda Limited, KCB Bank Uganda Limited, Standard Chartered Bank Uganda Limited and Stanbic Bank Uganda Limited as Mandated Lead Arrangers.