Absa reports 15% growth in revenues

In its audited financial results, the bank said the double-digit growth in revenue was largely driven by a 42% growth in transactional banking and trading income. 

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Mumba Kalifungwa, managing director, at Absa. (Credit: Ali Twaha)
By NewVision Reporter
Journalists @NewVision
#Business #Absa Bank #Customer deposits #Michael Segwaya #Mumba Kalifungwa

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KAMPALA - Absa Bank has reported a growth in revenue by sh64b or 15.6% to sh616b for the period ended December 2023, supported in part by

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