NEMA ED, Dr. Akankwasah Barirega hands Absa’s Pamela Turyatunga the Green Financial Institution Award recognising the bank’s efforts in sustainable financing & environmental stewardship. Courtesy photo Absa Bank Uganda has been recognised as the Green Financial Institution of the Year at the third edition of the National Environment Management Authority (NEMA) Sustainability Awards, held last…
Standard Chartered Bank Uganda and Absa Bank Uganda Limited have received regulatory approval from the Bank of Uganda for Standard Chartered Bank Uganda Limited to sale its Wealth and Retail Banking (WRB) business to Absa Bank Uganda Limited. The approval marks an important milestone for Uganda’s banking sector and reflects continued confidence in the strength,…
Absa Bank Uganda is positioning for its next phase of growth after a strong 2025 performance, with customer deposits rising to UGX 4.6 trillion and total assets increasing by 29.4%, strengthening its capacity to extend financing as demand for financial services grows. “Our performance in 2025 reflects the deliberate choices we have made to strengthen…
Absa Bank Uganda and Uganda Electricity Distribution Company Limited (UEDCL) have today announced the advancement of a five-year USD 50million, landmark financing facility to the electricity distributor to strengthen national power distribution. This landmark transaction marks a defining moment for Uganda’s energy sector, and the facility is UEDCL’s inaugural debt financing. The facility will enable…
Standard Chartered and Absa Bank Uganda, a wholly owned subsidiary of the Absa Group, have entered into an agreement for the sale of Standard Chartered Uganda’s Wealth and Retail Banking (WRB) business portfolio in Uganda. This follows Standard Chartered’s 27 November 2024 announcement of its intention to explore a potential sale, in line with the…
Absa Uganda has today hosted an industry-wide workshop focused on the critical importance of data privacy in the digital age. The event was held at the Golden Tulip Hotel in an effort to boost and uphold the highest standards of ethical banking and customer protection. Under the theme, “Data Privacy is a Driver of Customer…
Absa Bank Uganda has entered a three-year partnership with Junior Achievement Uganda (JAU) to deliver a financial literacy and entrepreneurship programme that will empower more than 25,000 learners (aged up to 25 years) with practical skills for sustainable livelihoods and the future world of work. The initiative builds on Absa Group’s long-standing collaboration with Junior…
Absa Bank Uganda today officially relaunched its flagship Absa Business Club, an enhanced platform designed to accelerate the growth of small and medium-sized enterprises (SMEs) through holistic business support, strategic networking, and access to regional and international markets. At the heart of the relaunch is a bold, partnership-driven model that transforms the Business Club from…
Cwinyaai lit up the UGC Kitante course with a record-equalling 63 strokes on day one—featuring an incredible nine birdies. He carried that momentum through the tournament, posting a total score of 200 over 54 holes, 16 under par, to comfortably win the Gross (amateur) category. This victory marked his third straight title and saw him…
Absa Bank Uganda has been honoured with two prestigious accolades at the 2025 Global Banking and Finance Awards: “Best CSR Bank Uganda” and “Best Community Engagement ESG Initiative in Uganda”. These awards recognise Absa Bank Uganda’s broad and sustained impact across key areas, including the One Million Trees Initiative aimed at mitigating climate change by…
