ABSA officially launched in Uganda

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The launch of Absa uganda was highlighted by surprise performance from South Africa’s music duo Mafiki Zolo and other perfomances from Irene Ntale and Fiki fameica. The launvh happened last week at the Kampala Serena hotel where Absa Bank Uganda, a subsidiary of Absa Group Limited received a license to operate and trade under its new name from Bank of Uganda.

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Formerly known as Barclays Bank Uganda, the name change marks the start of a new era for the bank’s operations, one that sees the realisation of an ambition to become an independent African bank.

The license was officially handed over to the bank’s Managing Director, Nazim Mahmood by Prof. Emmanuel Mutebile, Governor, Bank of Uganda at the Central Bank head office on Monday last week.

It was on this same night that the Vice president His execellency Edward Kiwanuka Sekandi celebrated his birthday.

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