Wakiso, Uganda | THE INDEPENDENT | Absa Bank Uganda today commemorated World Earth Day by planting 1000 trees at Buwagga Secondary School in Wakiso District. The event brought together Absa employees, students, and community members to plant trees as part of the bank’s ongoing broader initiative to shape a sustainable …
Read More »Henry Tumusiime is Absa Bank’s new Human Capital Director
Kampala, Uganda [April 16, 2025 | Absa Bank Uganda has appointed Henry Tumusiime as the new Human Capital Director, effective 16 April 2025. With experience of over 18 years in organizational leadership and development, human resource management and cultural transformation, Henry joins Absa Bank Uganda from Abacus Pharma (Africa) Limited, …
Read More »PROFIT: Absa Bank Uganda reports 22% growth
Financial results for the year ended December 31, 2024 show revenue climbs 15% to sh546 billion Highlights of Absa Bank Uganda 2024 Performance
Profit After Tax: Increased by 22%, to UGX 178 billion.
Revenue: A growth of 15.1%, driven by growth in customers, transactional activity, and credit support.
Customer Loans: …
Absa Bank Uganda appoints Keith Kalyegira as Board Chairperson.
Kampala, Uganda | THE INDEPENDENT | Absa Uganda’s Board of Directors picked Keith Kalyegira as the new Chairman of the Board, effective 1 March 2025. Keith is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and …
Read More »500 benefit from Absa Bank Uganda’s Ramadan donations
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has donated food items worth UGX 20,000,000 to provide meals for 500 beneficiaries during this period of Ramadan. Led by the bank’s Muslim colleagues, this initiative reflects Absa’s deep-rooted commitment to inclusive community and solidarity as it supports Imams across five …
Read More »Absa Bank Uganda sponsors 10 golfers for prestigious 2025 Magical Kenya Open
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has reaffirmed its commitment to nurturing Ugandan golf talent by sponsoring a team of 10 players to compete in the esteemed 2025 Absa Magical Kenya Open. The golfers will participate in the Pro-Am event on February 19, ahead of the main …
Read More »Absa Bank Uganda, KH3 to continue championing girl education with 3rd Absa KH3-7 Hills Run
Venue: Kololo Airstrip
Distance: 21km (covering the seven hills of Kampala); 10km run; 5km CEO Fun run
Prizes: o Four tickets to the prestigious Run Your City Series in South Africa for top finishers of the 21km distance (determined by timed kits). o A land title for …
Absa customers scoop shs50m cash rewards for continued card usage
KAMPALA, UGANDA | THE INDEPENDENT | Absa Bank Uganda has today handed over cash prizes worth UGX 50 million to 5 lucky winners in the ongoing card usage campaign dubbed “UGX 200 million can change your story”. The five winners used their debit or credit cards for at least five …
Read More »Absa Uganda supports green energy switch for informal sector with a sh19Bn loan facility to Mogo Uganda
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has announced the conclusion of a sh19 billion loan facility to Mogo Loans, a visionary partner transforming Uganda’s informal economy by making electric bikes accessible to commercial riders. Absa’s funding will support Mogo Loans in their mission to provide affordable loans …
Read More »Absa Bank Uganda donates shs100 million to Uganda Red Cross towards immediate disaster relief for victims of Lusanja Kiteezi landslide
KAMPALA, Uganda | THE INDEPENDENT | Absa Bank Uganda has today handed over a donation worth UGX100 million to the Uganda Red Cross Society to boost immediate disaster relief to households affected by the Lusanja Kiteezi landfill slide. The funds will go towards strengthening the disaster response by funding the …
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