Absa Bank Uganda Archives – Page 7 of 7

Absa Bank Uganda’s assets reach UGX3.4 trillion; moves from fifth to third-largest bank

Muhereza KyamuteteraBanking & Financial Services The Big StoryMay 4, 2020May 4, 2020

22% surge in customer deposits propels growth in customer lending and investments; creating a UGX3.4 trillion asset base, allowing Absa to overtake Standard Chartered Bank and dfcu Bank to become Uganda’s third largest commercial bank, after Stanbic and Centenary Bank.

Absa Bank Uganda to offer loan repayment holidays of up to 6 months over Covid-19

Muhereza KyamuteteraBanking & Financial Services Company News The Big StoryApril 13, 2020

Kampala, Uganda, April 13, 2020: As Uganda and the rest of the world confront the public health, financial and economic implications of the COVID-19 pandemic, Absa Bank Uganda is rolling…

PEOPLE, MONEY & POWER: Uganda’s 45 Most Powerful and Influential People in Banking, 2019

Muhereza KyamuteteraThe Big StoryNovember 17, 2019January 15, 2023

The total assets of Uganda’s financial services industry reached UGX.45.81 trillion, or 44.3 percent of Uganda’s GDP, as at end December 2018. The banking sector, dominated 69% of these assets,…