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As of 31 December 2019, Absa Bank Uganda was the third-largest commercial bank in the country, by assets. [10] As of December 2022, Absa Bank Uganda has assets valued at USh4.23 trillion (approx. US$1.143 billion), accounting for 9.31 percent of total banking assets in the country at that time.
This is a list of commercial banks and other credit institutions in Uganda, as updated March 2023 by the Bank of Uganda [1] [2] and taking into account the more recent downgrading of three banks to other credit institutions.
Absa Group Limited, commonly known simply as Absa and formerly the Amalgamated Banks of South Africa (ABSA) until 2005 and Barclays Africa Group Limited until 2018, is a multinational banking and financial services conglomerate based in Johannesburg, South Africa and listed on the Johannesburg Stock Exchange.
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
5 Exchange rates. 6 See also. 7 References. ... The Bank of Uganda cut its policy rate to 22% on 1 February 2012 after reduction of inflation for 3 consecutive months ...
Absa Bank Limited is a 100 percent subsidiary of Absa Group Limited, the Pan African financial services conglomerate headquartered in South Africa, with subsidiaries in 12 African countries, whose total assets exceeded US$91 billion as at October 2019.
UAE Exchange Bureau 1A - Amber House, 29-33 Kampala Road, Kampala; UAE Exchange Bureau 1B - 17 Lugogo Shoprite Mall, Kampala; UAE Exchange Bureau 1C - Transnile Building, 10 Johnstone Street, Kampala; Uganda City Forex Finance Limited - Jumbo Arcade, 9 Nakivubo Road, Kampala; Ultimate Forex Bureau - Zainabu Aziza Emporium, 4 Snay Bin Amir ...
Kenneth Mumba Kalifungwa, is a Zambian accountant and corporate executive who will be the CEO of Stanbic Bank Uganda Limited effective 1 March 2025. [1] He is the current managing director and chief executive officer of Absa Bank Uganda Limited, a commercial bank in Uganda, whose assets were valued at US$1.19 billion as of December 2023. [2]