Absa bank flies high in 2019 as revenues grow by 19.4%

Absa Bank Uganda has announced a 19.4% growth in revenue to shs 405 billion, up from shs 339 billion in 2018 in the results released. The bank since last year rebranded from Barclays indicated that its net profits jumped from shs 68 billion with a return on equity of 16.9% “We saw steady growth in the bank’s balance sheet and…

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