Absa Uganda Posts a 222bn Profit

About this episode

Absa Bank Uganda reports a net profit of UGX 222 billion, marking a 25.1% increase from the previous year.

Absa Bank Uganda has released its financial results, showing a huge UGX 222 billion net profit, which was up 25.1 percent compared to the 2024 performance. David Wandera, Absa Uganda Managing Director, noted that the growth was a result of understanding the customers deeply, investing in digital capability, and being precise in how capital is deployed

Topics covered

• financial results
• profit growth
• digital investment
• customer understanding
• banking industry

Keywords

• Absa Bank
• Uganda
• net profit
• financial results
• David Wandera
• banking
• digital capability

Mentioned in this episode

Organizations: Absa Bank Uganda

Places: Uganda

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