Bank Performance

Standard Chartered Uganda Signs Agreement To Sell Wealth & Retail Banking Business To Absa Bank Uganda

Standard Chartered and Absa Bank Uganda, a wholly owned subsidiary of the Absa Group, have entered into an agreement for…

Equity Group AGM Approves UGX 444.9 billion Dividends

Equity Group Holdings Plc  held its 21st Annual General Meeting (AGM), where shareholders voted in favor of all the proposed…

Shareholders Commend PostBank On Profitability, Approve Rebrand

PostBank Uganda, whose purpose is to foster prosperity for Ugandans, has today held its 2024 Annual General Meeting (AGM) at…

Absa Bank Uganda leads the bancassurance market with record growth in 2024

Bancassurance has continued to revolutionize Uganda’s insurance sector, with the Insurance Regulatory Authority (IRA) Q4 report indicating UGX 225b Gross…

Absa Bank Uganda reports 22% Profit growth, Revenue climbs 15% to UGX 546 billion

Absa Bank Uganda has announced a robust set of financial results for the year ended December 31, 2024, with profit…

Equity Group Reports Kshs 60.7 Billion Profits

Equity Group Holdings Plc continues to deliver solid financial results, underpinned by the Group’s strategic focus on diversification, innovation, and…

Absa Group Reports 10% Increase In 2024 Earnings

Absa Group earnings increased 10% in 2024, underpinned by a material improvement in the second half, demonstrating meaningful progress after…

Absa Uganda Launches Visa Infinite, Signature, and Business Cards

Absa Bank Uganda, in partnership with Visa, has launched three new premium card solutions—Infinite, Signature, and Business Credit Cards—designed to…

Uganda Maintains Fourth Ranking In The 2024 AFMI

Uganda has maintained its fourth-place ranking in the Absa Africa Financial Markets Index (AFMI), a position it has held for…

Absa launches 3rd Edition of KH3-7 Hills Run

Absa Uganda, in partnership with the Kampala Hash House Harriers, has announced the third edition of the Absa KH3-7 Hills…