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Tag Archives: Absa Bank

Absa Bank leads Uganda bancassurance market with Sh39.2b total premiums

Absa Bank’s double-digit growth rate of 13% and 17.46% market share was attributed to its robust product offering, a very experienced team of people, robust marketing strategies, and personalized customer service. Kampala, Uganda | THE INDEPENDENT | Bancassurance has continued to revolutionize Uganda’s insurance sector, with the Insurance Regulatory Authority …

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Henry Tumusiime is Absa Bank’s new Human Capital Director

Kampala, Uganda [April 16, 2025 | Absa Bank Uganda has appointed Henry Tumusiime as the new Human Capital Director, effective 16 April 2025. With experience of over 18 years in organizational leadership and development, human resource management and cultural transformation, Henry joins Absa Bank Uganda from Abacus Pharma (Africa) Limited, …

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PROFIT: Absa Bank Uganda reports 22% growth

Financial results for the year ended December 31, 2024 show revenue climbs 15% to sh546 billion 🔴Highlights of Absa Bank Uganda 2024 Performance ✳ Profit After Tax: Increased by 22%, to UGX 178 billion. ✳ Revenue: A growth of 15.1%, driven by growth in customers, transactional activity, and credit support. ✳ Customer Loans: …

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500 benefit from Absa Bank Uganda’s Ramadan donations

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has donated food items worth UGX 20,000,000 to provide meals for 500 beneficiaries during this period of Ramadan. Led by the bank’s Muslim colleagues, this initiative reflects Absa’s deep-rooted commitment to inclusive community and solidarity as it supports Imams across five …

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