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TodayFriday, May 01, 2026

Nadine Byarugaba

Left-Right: Deputy Governor, Bank of Uganda, Dr. Michael Atingi-Ego; Ministry of Finance Commissioner, Financial Services, Moses Ogwapus; Mumba Kalifungwa, Absa Bank Uganda’s Managing Director and Jeff Gable, the Head of Macro and Fixed Income Research at Absa Group during the 2024 Economic Outlook Forum hosted by Absa Bank Uganda at the Kampala Sheraton Hotel

Uganda maintains 4th position in the 2023 Absa Africa Financial Market Index

With an overall score of 62.8, Uganda maintained its fourth position out of the 28 African countries measured under the 2023 Absa Africa Financial Market Index (AFMI) – a report that evaluates
February 6, 2024
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Under Nadine Byarugaba (left), who became board Chairperson in January 2016 and Mumba Kalifungwa (right) who became Managing Director in April 2020, Absa Bank Uganda has solidfied its growth, into Uganda's 3rd largest bank.
Under Nadine Byarugaba (left), who became board Chairperson in January 2016 and Mumba Kalifungwa (right) who became Managing Director in April 2020, Absa Bank Uganda has solidfied its growth, into Uganda's 3rd largest bank.

Absa Bank Uganda’s 2022 net profit grows 28.9% to UGX141 billion 

Absa Bank Uganda has this morning released its 2022 financial results, reporting growth in deposits, lending, revenues as well as net profit and assets. The bank, a subsidiary of Absa Group, one
April 18, 2023
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Absa Bank Uganda Managing Director, Mumba Kalifungwa (left) and Michael Segwaya, the Executive Director and CFO releasing the results, yesterday at Kampala Sheraton Hotel. PHOTO/Courtesy

FORCE OF GOOD: Absa posts UGX41 billion profit, despite restructuring UGX260 bn loans and increased Covid-19 and rebranding costs

Absa Bank Uganda, yesterday, 20th April 2021, released their 2020 annual results, reporting a profit of UGX41 billion and growth in revenue to UGX316 billion. This is Mumba Kalifungwa’s first results, since
April 21, 2021
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(L-R) Prof. William Bazeyo - Dean of the Makerere University School of Public Health, Michael Segwaya - Absa Bank Uganda Chief Finance Officer and Executive Director, Harriette Kasirye - Absa Bank Uganda Head of Marketing and Corporate Relations and Nadine Byarugaba - Absa Bank Uganda's acting board chairperson hold a dummy cheque, as Dr. Diana Atwine - Permanent Secretary to the Ministry of Health, inspects the model of an EpiTent. This was during the bank's handing over of UGX 100m towards the procurement of mobile isolation Epitents in support of the country's COVID-19 response efforts.

COVID-19: Absa Bank donates UGX 100m mobile isolation EpiTents

Absa Bank Uganda has donated four (4) mobile isolation units valued at UGX 100 million to the Ministry of Health to aid in the emergency response to the COVID-19 pandemic. The donation
May 5, 2020

 

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