Absa Bank Uganda Results 2020 Archives

Q&A WITH MUMBA KALIFUNGWA: Everyone needs a strong and innovative bank and Absa Uganda is that bank

by Muhereza KyamuteteraFinance The Big Story Thought LeadershipMay 31, 2021May 31, 2021

2020 was an unprecedented year, for the industry, for Absa and yourself as a leader. It was a year of many firsts. But regardless, Absa emerged strong— stirred, but not…

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

by Muhereza KyamuteteraFinance The Big StoryApril 21, 2021April 21, 2021

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…