When Barclays exited Africa and became Absa, many dismissed it as a corporate restructuring exercise. When Citigroup began retreating from consumer banking operations across multiple markets, it was viewed as part of a broader global strategy. Now Standard Chartered has…
Absa Bank Uganda shone brightly on the global stage, earning top recognition at the inaugural Absa Group CEO Pinnacle Awards in Johannesburg, South Africa, held over the weekend. The awards, hosted by Absa Group CEO Kenny Fihla, celebrated the best…
Absa Bank Uganda, in partnership with World Vision Uganda, has commissioned facilities to improve water and sanitation for the girl-child in Abim district, Karamoja. This intervention aims to promote the continued inclusion of girls in education across the Karamoja sub-region.…
Absa Bank Uganda and DHL Uganda have announced a partnership to support 800 Small and Medium Enterprises (SMEs) in accessing export markets through the 2024 ‘Growing Beyond Borders’ Entrepreneurial Training Programme. The programme aims to empower SMEs by enhancing their…
Absa Bank Uganda in collaboration with Bishop Stuart University Mbarara, commemorated World Earth Day on Monday by planting 500 trees. The initiative spearheaded by Absa Bank’s Business Banking Director Albert Byaruhanga brought together Absa staff, university staff and students and aimed…
Absa Bank Uganda has reported a growth in revenue by Sh64 billion, amounting to a 15.6% growth from the previous year and resulting in a profit after tax of Sh146 billion, according to financial results for the year ended December…
Mumba Kenneth Khalifungwa, Managing Director of Absa Uganda, expressed that “Your story matters because it intertwines with ours, shaping the future of Africa together, and one narrative at a time.“ In a groundbreaking move towards customer-centric banking, Absa Group, a…
Guy Kimbowa Lutaaya has been appointed Chief Risk Officer (CRO) at Absa Bank Uganda Limited effective 1 October 2022. He is a seasoned finance professional and banker, with over 20 years of experience in finance and over 13 years of…
Absa Bank Uganda has partnered with the Uganda Institute of Information and Communication Technology (UICT) to provide ICT skills training to youth in vocational institutions around the country. The training is accredited by Amazon Web Services (AWS) following a partnership…
Absa Bank Uganda has today announced a donation worth Sh60 million to the Uganda Red Cross Society to cater for the purchase of shelter kits to provide temporary shelter and basic household essentials for families displaced by flash floods in…
Absa Bank Uganda has introduced land purchase loans in a bid to help more people realize their dream of land and home ownership. These loans will enable customers to access affordable financing for the purchase of land in Greater Kampala…
Absa Bank Uganda and Prudential Uganda have today launched the Absa Family Protection Plan, a life insurance policy, designed to help families plan for the financial needs faced during the loss of a loved one who is either a member…
Absa Bank Uganda has contributed 65 million shillings to Makerere University to mark 100 years of excellence in building a transformed society. On Tuesday, Absa Uganda Managing Director, Mumba Kalifungwa handed a 65 million shillings cheque to Makerere University Vice…
Michael Atingi-Ego, the Deputy Governor of Bank of Uganda, said, “Uganda’s inspirational ranking amidst a raging Covid-19 pandemic should galvanize us to sustain the good policies and interventions as well as to undertake the strategies that will unleash the power…