Strong Deposits, Asset Growth Power Absa Expansion Plans
Business
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Strong Deposits, Asset Growth Power Absa Expansion Plans

April 15, 2026
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Strong growth in deposits and assets has strengthened the Absa bank’s balance sheet, positioning it for an expansion drive amid rising demand for credit and digital financial services. Absa Bank Uganda posted a 25.1 per cent increase in profit after tax to Shs222 billion for 2025, underpinned by growth in

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