ABC Bank (Uganda)
Absa Bank Uganda Limited, formerly known as Barclays Bank of Uganda Limited, is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. The bank is a subsidiary of Absa Group Limited, a financial services conglomerate, based in South Africa, with banking subsidiaries in 12 African countries and representative offices in two other African countries. Absa Bank Group, whose shares trade on the JSE Limited, is reported to have total assets in excess of US$91 billion, as of October 2019.
Absa Bank Uganda Limited
Plot 2 Hannington Road
P.O. Box 7101
+256 (0) 312 218 348
(Toll free) 0800 222 333
Kansanga, Ggaba Road Branch
Lubowa, Lubowa Terrace Branch
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Banking is an industry that handles cash, credit, and other financial transactions for individual consumers and businesses alike. Banking provides the liquidity needed for families and businesses to invest in the future, and is one of the key drivers of the Ugandan Economy.
Food for Thought
Words related to Banking : Deposit, Pay in, Clear, Savings, Fund, Store, treasury, Coffer, Reserve, Investment Firm, Credit Union, Stockpile, Trust Company, Financial Transactions, Bank Balance, Bank Draft, Bank Rate, Bank Statement, ATM, Auto Teller Machine, Money, Finances, Economics, Commerce, Bank Withdraw, Bank Loan, Loans, Internet Banking, Agent Banking, Online Banking, Bank Website,
Web Developer: Mervyn Kasiita © Prestigia Brands LLC 2021