Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has handed over sh300 million proceeds from the 2024 Absa 7 Hills Run, an annual charity event organised in partnership with the Kampala Hash House Harriers (KH3) to raise funds to keep the girl child in school. Research shows that an …
Read More »Absa Group concludes agreements with MIGA to advance pan African climate finance
Johannesburg, South Africa | THE INDEPENDENT | Absa Group Ltd, one of the largest diversified financial service providers in Africa, has concluded further agreements with the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, freeing up additional financial capacity for investments in Pan-African climate finance projects. …
Read More »Absa eases access to convenient financing with credit cards
Kampala, Uganda | THE INDEPENDENT | In a bid to provide convenient financial services, Absa Bank Uganda is encouraging customers to sign up for the Absa credit cards which offer up to 50 interest free days. The bank has launched a new campaign named Everybody deserves a Bestie Kabisa, whose …
Read More »IFC and Absa to boost East Africa coffee trade with US$60million facility
An estimated five million smallholder farmers rely on the industry for jobs and livelihoods in the region Kampala, Uganda | THE INDEPENDENT | The International Finance Corporation, a member of the World Bank Group, has partnered with Absa Group Limited, a South African-based bank intends to extend US$60 million commodity trade …
Read More »Rugumayo, 11 pros bag 2024 Absa Captain’s Bell Sh20 million cash prizes
Kampala, Uganda | THE INDEPENDENT | The 6th Absa sponsored Captain’s Bell Tournament was held over the weekend ushering in Paul Charles Rukundo as Captain and Jerry Owachi Vice Captain respectively. Over 220 golfers convened in the professional and amateur categories for a thrilling 19-hole experience at Uganda Golf Club, Kitante located on John …
Read More »Over 200 golfers to battle for honours in 2024 Absa Captain’s Bell tournament
Kampala, Uganda | THE INDEPENDENT | Uganda’s top golfers will be eyeing an opportunity to compete at international level by shining at this week’s Captain’s Bell Tournament that climaxes on May 18 2024 at the Uganda Golf Club, Kitante. On top of several awards, including sh20m prize money for the professionals, top …
Read More »Absa Bank Uganda announces sh152 million for 2024 Captain’s Bell golf
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has announced a sh152 million sponsorship package for the 2024 edition of the Captain’s Bell Tournament that is scheduled for 18 May 2024 at the Uganda Golf Club, Kitante. This the annual tournament where the new Captain hosts the club members …
Read More »Absa Uganda hits Sh146 billion in profit after tax
• Growth in revenue by Sh64bn • Sh146 billion in profit after tax • 12.9% growth in net customer loans standing at Sh1.76 trillion • 16.3% growth in customer deposits to Sh2.45 trillion Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has reported a growth in revenue by Sh64 …
Read More »Absa to open China office, eyes trade revenue boost
Documentary products such as guarantees, letters of credit and supply chain finance are the “core solutions that the lender expect to see continued demand for” from Chinese corporates ANALYSIS | FELIX THOMPSON | Pan-African lender Absa Bank is anticipating a significant rise in trade finance revenues on goods flows linking China …
Read More »Absa declares new business and brand promise across all its markets
Johannesburg, South Africa | THE INDEPENDENT | Absa on Monday launched its repositioned brand to the market signalling a shift to being a more deliberately customer-centric business with the new brand promise of ‘Your Story Matters’. According to Arrie Rautenbach, Group CEO of Absa, the bank has set a clear trajectory …
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