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 Group Limited has today announced the appointment of Mr Mumba Kalifungwa as Managing Director for Absa Bank Uganda effective 1 April 2020, confirming a story, CEO East Africa early…
Absa Group has tapped Mumba Kenneth Kalifungwa the former Executive Director, Finance at Absa Botswana, as its Managing Director, for Uganda, CEO East Africa has learnt. Mumba, replaces Mr. Nazim…