Absa Bank has committed to sponsoring to a tune of sh65 million the Makerere University centenary celebrations, which were launched in November 2021.
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Absa Net Profits Up 169% To Sh110 Billion In 2021
Absa has reported a 169% jump in net profits after tax to sh110 on the back of growth in revenues and a significant reduction in business costs.
Read MoreAbsa Bank Cuts Prime Lending Rate On Loans
Absa Bank has announced a reduction in its prime lending rate for shilling denominated loans, riding on the back of an accommodative monetary policy stance by the Central Bank.
Read MoreAbsa Bank ‘Cautiously Optimistic’ Despite A Challenging 2020
Absa Bank says it remains optimistic about economic recovery this year as pockets of key sectors such as agriculture, construction bounce back from the impacts of the COVID-19 pandemic on lockdown easing.
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