4 Articles
4 Articles
Inside Absa Bank’s UGX222.4 Billion Profit As Lender’s Assets Hits UGX7 Trillion Mark » Business Focus
David Wandera, the Managing Director at Absa Bank Uganda, presenting the 2025 results at Sheraton Hotel this week Absa Bank Uganda Ltd posted strong financial performance in 2025 despite the election-related uncertainty. According to the just-released financial results, Absa bank’s net profit grew by 25.1% to UGX222.4 billion in 2025, up from UGX178.86 billion in the previous year. The bank’s customer deposits grew by 46.5% to UGX4.66 trillion, …
Facts Behind the 2025 Figures: The Year Absa Uganda Shifted Gears—Growth, Discipline, and a New Leadership Era
Absa Bank Uganda’s 2025 results were not just strong—they were unexpectedly strong for the moment in which they were delivered. In a year defined by leadership transition, shifting market dynamics,... The post Facts Behind the 2025 Figures: The Year Absa Uganda Shifted Gears—Growth, Discipline, and a New Leadership Era appeared first on CEO East Africa.
Banks relying on economic growth, but Iran war still a threat
Absa Uganda Managing Director David Wandera Kampala, Uganda | URN | Commercial banks in Uganda continue to announce what they call impressive results for the year 2025, boosted by the country’s 6.5 percent growth, but are worried 2026 might be a reverse if the middle east conflict persists. Absa Bank Uganda is the latest to release its financial results, showing a huge UGX 222 billion net profit, which was up 25.1 percent compared to the 2024 pe…
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